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All market snapshots / 33196

Miami, FL 33196 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: 0.11
ActiveActive listings: 8080PendingPending sales: 99
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): $607k$607kSoldMedian sold price (last 6 months): $580k$580k
What homes actually sell for in Miami, FL
Distribution of 227 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $412k to $710k
$232k to $316k: 27 sales$232k$316k to $399k: 13 sales$399k to $482k: 23 sales$399k$482k to $566k: 34 sales$566k to $650k: 35 sales$566k$650k to $733k: 41 sales41sales$733k to $816k: 20 sales$733k$816k to $900k: 10 salesMedian $580k

What the numbers say

As of October 5, 2026, Resideline is tracking 80 active listings and 9 pending sales in ZIP code 33196. 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 $607,000, while the median of the 227 closed sales Resideline tracked over the last six months was $580,000. 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 33196 for 77 days.

Frequently asked questions

What is the median home price in 33196?

The median closed sale price in Miami, FL 33196 was $580,000 over the last six months, based on 227 closed sales tracked by Resideline. The middle half of those sales ranged from $412,000 to $710,000.

Is 33196 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 80 active listings in 33196, 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, 33196 currently looks like a balanced market.

Nearby ZIP code market data

Full Miami, FL housing market report →

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