Ines Hegedus-Garcia
Miami, FL 33138
Single-Family Homes
Miamism Sales Team
Miami, FL 33138
Wed Jul 29 2026
This week the median list price for Miami, FL 33138 is $1,399,990 with the market action index hovering around 28. This is less than last month's market action index of 30. Inventory has held steady at or around 59.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Market Narrative
Home sales have been exceeding new inventory for several weeks. However because of excess inventory, prices have not yet stopped falling. Should the sales trend continue, expect prices to level off soon and potentially to resume their climb from there. Watch prices as the market transitions from a Buyer's market to a Seller's market.
Real-Time Market Profile
| Median List Price | $1,399,990 | |
| Median Price of New Listings | $1,050,000 | |
| Per Square Foot | $886 | |
| Average Days on Market | 168 | |
| Median Days on Market | 84 | |
| Price Decreased | 36% | |
| Price Increased | 3% | |
| Relisted | 7% | |
| Inventory | 59 | |
| Median Rent | ||
| Market Action | 28 | |
| Slight Buyer's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $7,900,000 | 4,303 | 0.25 - 0.5 acre | 5 | 5.5 | 11 | 0 | 0 | 98 |
| $2,200,000 | 2,076 | 8,000 - 10,000 sqft | 4 | 3 | 76 | 1 | 2 | 56 |
| $1,150,000 | 1,517 | 4,500 - 6,500 sqft | 3 | 2 | 78 | 1 | 1 | 98 |
| $799,000 | 1,383 | 4,500 - 6,500 sqft | 2 | 1.5 | 85 | 2 | 1 | 45 |