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All market snapshots / 33196

Miami, FL 33196 Housing Market

Data snapshot: September 14, 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: 7373PendingPending sales: 88
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): $495k$495kSoldMedian sold price (last 6 months): $604k$604k
What homes actually sell for in Miami, FL
Distribution of 230 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $412k to $720k
$240k to $322k: 29 sales$240k$322k to $405k: 12 sales$405k to $488k: 20 sales$405k$488k to $570k: 33 sales$570k to $652k: 37 sales$570k$652k to $735k: 40 sales40sales$735k to $818k: 21 sales$735k$818k to $900k: 13 salesMedian $604k

What the numbers say

As of September 14, 2026, Resideline is tracking 73 active listings and 8 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 $495,000, while the median of the 230 closed sales Resideline tracked over the last six months was $604,000. 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 60 days.

Frequently asked questions

What is the median home price in 33196?

The median closed sale price in Miami, FL 33196 was $604,000 over the last six months, based on 230 closed sales tracked by Resideline. The middle half of those sales ranged from $412,000 to $720,000.

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

Resideline is currently tracking 8 pending sales against 73 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

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