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All market snapshots / 33138

Miami, FL 33138 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Miami, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.42
ActiveActive listings: 4545PendingPending sales: 1919
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): $700k$700kSoldMedian sold price (last 6 months): $966k$966k
What homes actually sell for in Miami, FL
Distribution of 258 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $415k to $1.54M
$210k to $574k: 67 sales67sales$210k$574k to $939k: 45 sales$939k to $1.3M: 52 sales$939k$1.3M to $1.67M: 27 sales$1.67M to $2.03M: 17 sales$1.67M$2.03M to $2.4M: 10 sales$2.4M to $2.76M: 14 sales$2.4M$2.76M to $3.12M: 1 salesMedian $966k

What the numbers say

As of September 7, 2026, Resideline is tracking 45 active listings and 19 pending sales in ZIP code 33138. That pending-to-active ratio of 0.42 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $700,000, while the median of the 258 closed sales Resideline tracked over the last six months was $965,500. 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 33138 has been on the market for 30 days.

Frequently asked questions

What is the median home price in 33138?

The median closed sale price in Miami, FL 33138 was $965,500 over the last six months, based on 258 closed sales tracked by Resideline. The middle half of those sales ranged from $415,000 to $1,545,000.

Is 33138 a buyer's or seller's market?

Resideline is currently tracking 19 pending sales against 45 active listings in 33138, a pending-to-active ratio of 0.42. 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, 33138 currently looks like a competitive market.

Nearby ZIP code market data

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