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MIAMI, FL 33196

Real Estate Market Report  ·  Miami-Dade County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MIAMI, FL real estate market (33196) currently shows 210 active listings, with 52 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 51 days on market compared to 60 days last year.

The median listing price has fallen 2.3% year-over-year, from $639,900 to $624,925.

Whether you are buying or selling in MIAMI, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,187  ·  Density: 400.8/mi²  ·  Median household income: $89,326

Typical home value: $426,903  ·  Homeownership: 67.4%

Market Overview

Active Listings
210
⇩ 7.1% vs 226 last year
Pending
52
25% pending ratio
Median Price
$624,925
⇩ 2.3% vs $639,900 last year
Average Price
$716,819
⇧ 16% vs $617,874 last year
Days on Market
51
⇩ 15% vs 60 days last year

Price Per Square Foot

Median $/sqft
$329
⇩ 2.1% vs $336/sqft last year
Median Home Size
1,791 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 210 this year vs 226 last year
  • Days on market: 51 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $624,925 (-2.3% YoY)
  • Average: $716,819 (+16% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.5 miles — 2,147 listings ($1,518,960,640 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33196Miami, FL 331960.0 mi210$149,881,830$648,500$713,723
33193Miami, FL 331936.8 mi175$85,492,575$367,500$488,529
33185Miami, FL 331858.6 mi102$82,386,522$766,200$807,711
33031Homestead, FL 330318.8 mi73$99,040,195$1,219,500$1,356,715
33177Miami, FL 3317710.0 mi223$155,534,695$612,950$697,465
33175Miami, FL 3317511.1 mi164$188,909,304$832,248$1,151,886
33184Miami, FL 3318412.2 mi52$56,108,780$699,900$1,079,015
33173Miami, FL 3317312.9 mi153$140,582,979$588,975$918,843
33182Miami, FL 3318213.5 mi52$76,378,536$793,750$1,468,818
33165Miami, FL 3316513.7 mi132$118,389,744$797,000$896,892
33189Miami, FL 3318914.3 mi124$67,226,600$574,750$542,150
33033Homestead, FL 3303314.8 mi557$251,691,590$450,000$451,870
33172Miami, FL 3317215.5 mi130$47,337,290$313,750$364,133

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33196?

As of March 2026, there are 210 active listings in MIAMI, FL (zip code 33196), compared to 226 the prior year.

What is the median home price in MIAMI, FL 33196?

The median listing price in MIAMI, FL 33196 is $624,925 as of March 2026, a 2.3% decrease from $639,900 the prior year.

How long do homes stay on the market in MIAMI, FL?

Homes in MIAMI, FL 33196 spend an average of 51 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33196?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33196 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 51 days on market compared to 60 days last year.

How much can I save on real estate commission in MIAMI, FL?

With SELL123.com's maximum 3% commission, sellers in MIAMI, FL 33196 save an estimated $12,499 compared to a typical 5% commission on the median listing price of $624,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.