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All market snapshots / 33138

Miami, FL 33138 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Miami, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.26
ActiveActive listings: 6262PendingPending sales: 1616
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): $688k$688kSoldMedian sold price (last 6 months): $1.01M$1.01M
What homes actually sell for in Miami, FL
Distribution of 256 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $450k to $1.6M
$220k to $568k: 61 sales61sales$220k$568k to $915k: 46 sales$915k to $1.26M: 45 sales$915k$1.26M to $1.61M: 32 sales$1.61M to $1.96M: 26 sales$1.61M$1.96M to $2.31M: 12 sales$2.31M to $2.65M: 9 sales$2.31M$2.65M to $3M: 2 salesMedian $1.01M

What the numbers say

As of July 18, 2026, Resideline is tracking 62 active listings and 16 pending sales in ZIP code 33138. That pending-to-active ratio of 0.26 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $687,500, while the median of the 256 closed sales Resideline tracked over the last six months was $1,010,000. 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 33138 has been on the market for 41 days.

Frequently asked questions

What is the median home price in 33138?

The median closed sale price in Miami, FL 33138 was $1,010,000 over the last six months, based on 256 closed sales tracked by Resideline. The middle half of those sales ranged from $450,000 to $1,600,000.

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

Resideline is currently tracking 16 pending sales against 62 active listings in 33138, a pending-to-active ratio of 0.26. 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 balanced market.

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