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All market snapshots / 33196

Miami, FL 33196 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Miami, FL inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 7979PendingPending sales: 77
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): $551k$551kSoldMedian sold price (last 6 months): $590k$590k
What homes actually sell for in Miami, FL
Distribution of 213 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $445k to $700k
$229k to $310k: 19 sales$229k$310k to $390k: 18 sales$390k to $471k: 16 sales$390k$471k to $552k: 30 sales$552k to $633k: 32 sales$552k$633k to $714k: 39 sales39sales$714k to $794k: 25 sales$714k$794k to $875k: 13 salesMedian $590k

What the numbers say

As of October 26, 2026, Resideline is tracking 79 active listings and 7 pending sales in ZIP code 33196. That pending-to-active ratio of 0.09 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $550,997, while the median of the 213 closed sales Resideline tracked over the last six months was $590,000. 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 88 days.

Frequently asked questions

What is the median home price in 33196?

The median closed sale price in Miami, FL 33196 was $590,000 over the last six months, based on 213 closed sales tracked by Resideline. The middle half of those sales ranged from $445,000 to $700,000.

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

Resideline is currently tracking 7 pending sales against 79 active listings in 33196, a pending-to-active ratio of 0.09. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 33196 is currently a typical-pace market.

Nearby ZIP code market data

Full Miami, FL housing market report →

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