Miami, FL 33131 Housing Market
- Active listings377currently for sale
- Pending sales8under contract
- Median asking price$750,000current listings
- Listing age125 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)410a tracked sample, not a market total
- Median sold price$650,000last 6 months
- Middle half of sold prices$450k to $1.25M25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 377 active listings and 8 pending sales in ZIP code 33131. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $750,000, while the median of the 410 closed sales Resideline tracked over the last six months was $650,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 33131 for 125 days.
Frequently asked questions
What is the median home price in 33131?
The median closed sale price in Miami, FL 33131 was $650,000 over the last six months, based on 410 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $1,249,000.
Is 33131 a buyer's or seller's market?
Resideline is currently tracking 8 pending sales against 377 active listings in 33131, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 33131 currently looks like a balanced market.