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All market snapshots / 33131

Miami, FL 33131 Housing Market

Data snapshot: October 5, 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: 386386PendingPending sales: 77
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): $752k$752kSoldMedian sold price (last 6 months): $650k$650k
What homes actually sell for in Miami, FL
Distribution of 411 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $1.25M
$320k to $768k: 231 sales231sales$320k$768k to $1.22M: 54 sales$1.22M to $1.66M: 42 sales$1.22M$1.66M to $2.11M: 19 sales$2.11M to $2.56M: 20 sales$2.11M$2.56M to $3M: 5 sales$3M to $3.45M: 0 sales$3M$3.45M to $3.9M: 2 salesMedian $650k

What the numbers say

As of October 5, 2026, Resideline is tracking 386 active listings and 7 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 $752,500, while the median of the 411 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 128 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 411 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $1,250,000.

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

Resideline is currently tracking 7 pending sales against 386 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.

Nearby ZIP code market data

Full Miami, FL housing market report →

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