Is Opa Locka, FL 33054 a buyer’s or seller’s market?

The Opa Locka housing market right now

In the three months ending August 31, 2026, 22% of homes in Opa Locka, FL 33054 sold above their list price, the typical home went under contract in 68 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 62 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold more slowly (56 days then) and the median sale price rose 13% to $479,742. Overall, Opa Locka is about as competitive as it was a year ago.

Within Miami-Dade County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 97%. On our competition score, Opa Locka ranks #60 of 796 FL ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Miami 33136 (0% sold over asking) or Miami 33128 (0% sold over asking), while Miami 33184 (26% sold over asking) is even more competitive.