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All market snapshots / 33143

South Miami, FL 33143 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
South Miami, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.53
ActiveActive listings: 3232PendingPending sales: 1717
South 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): $732k$732kSoldMedian sold price (last 6 months): $1.25M$1.25M
What homes actually sell for in South Miami, FL
Distribution of 295 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $3.2M
$205k to $1.46M: 151 sales151sales$205k$1.46M to $2.72M: 44 sales$2.72M to $3.97M: 21 sales$2.72M$3.97M to $5.23M: 26 sales$5.23M to $6.48M: 8 sales$5.23M$6.48M to $7.74M: 7 sales$7.74M to $8.99M: 3 sales$7.74M$8.99M to $10M: 6 salesMedian $1.25M

What the numbers say

As of July 18, 2026, Resideline is tracking 32 active listings and 17 pending sales in ZIP code 33143. That pending-to-active ratio of 0.53 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $732,000, while the median of the 295 closed sales Resideline tracked over the last six months was $1,250,000. 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 33143 has been on the market for 5 days.

Frequently asked questions

What is the median home price in 33143?

The median closed sale price in South Miami, FL 33143 was $1,250,000 over the last six months, based on 295 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $3,200,000.

Is 33143 a buyer's or seller's market?

Resideline is currently tracking 17 pending sales against 32 active listings in 33143, a pending-to-active ratio of 0.53. 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, 33143 currently looks like a competitive market.

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