Start Free
All market snapshots / 33131

Miami, FL 33131 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Miami, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 387387PendingPending sales: 66
Miami, FL: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $750k$750kSoldMedian sold price (last 6 months): $625k$625k
What homes actually sell for in Miami, FL
Distribution of 360 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $440k to $1.2M
$325k to $647k: 169 sales169sales$325k$647k to $969k: 69 sales$969k to $1.29M: 33 sales$969k$1.29M to $1.61M: 22 sales$1.61M to $1.93M: 9 sales$1.61M$1.93M to $2.26M: 9 sales$2.26M to $2.58M: 9 sales$2.26M$2.58M to $2.9M: 6 salesMedian $625k

What the numbers say

As of October 26, 2026, Resideline is tracking 387 active listings and 6 pending sales in ZIP code 33131. That pending-to-active ratio of 0.02 makes it a slower-moving market: listings are going under contract more slowly than in most ZIP codes Resideline tracks, which usually gives buyers more room to negotiate.

The median asking price of current listings is $750,000, while the median of the 360 closed sales Resideline tracked over the last six months was $625,000. 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 127 days.

Frequently asked questions

What is the median home price in 33131?

The median closed sale price in Miami, FL 33131 was $625,000 over the last six months, based on 360 closed sales tracked by Resideline. The middle half of those sales ranged from $440,000 to $1,200,000.

Is 33131 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 387 active listings in 33131, a pending-to-active ratio of 0.02. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 33131 is currently a slower-moving market.

Nearby ZIP code market data

Full Miami, FL housing market report →

Running a deal in 33131? Free tools: ARV calculator · rehab cost estimator · BRRRR calculator · wholesale calculator · MAO calculator · home appreciation calculator. One address: real estate deal analyzer · rent estimate by address

Run any 33131 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.