Miami, FL 33131 Housing Market
- Active listings186currently for sale
- Pending sales21under contract
- Median asking price$854,500current listings
- Inventory age82 daysmedian time the current active listings have been on the market
- Closed sales tracked (6 mo)430a 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 August 26, 2026, Resideline is tracking 186 active listings and 21 pending sales in ZIP code 33131. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $854,500, while the median of the 430 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. The median active listing in 33131 has been on the market for 82 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 430 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 21 pending sales against 186 active listings in 33131, a pending-to-active ratio of 0.11. 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.