Is Opa Locka, FL 33055 a buyer’s or seller’s market?
Opa Locka is a seller’s market. With about 3.4 months of supply and 24% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 47% of U.S. ZIP codes, and #13 of 796 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Opa Locka housing market right now
In the three months ending August 31, 2026, 24% of homes in Opa Locka, FL 33055 sold above their list price, the typical home went under contract in 40 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 61 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold faster (61 days then) and the median sale price rose 2% to $519,775. Overall, Opa Locka is more competitive than a year ago, so tougher for buyers.
Within Miami-Dade County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 99%. On our competition score, Opa Locka ranks #13 of 796 FL ZIP codes with enough sales (score 46 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.
Run the numbers for 33055
Nearby markets
Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →Towns like Opa Locka nearby
Find towns like Opa Locka in other states →Where Opa Locka is
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Questions about Opa Locka real estate
Is Opa Locka a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Opa Locka, FL 33055 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Opa Locka?
The typical home went under contract in 40 days in the latest three months.
Do homes in Opa Locka sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Opa Locka?
About 0.81% of a home’s value a year in Miami-Dade County, or roughly $3,240 on a $400,000 home.
What is the median home price in Opa Locka?
The median sale price was $519,775 in the three months ending August 31, 2026, about $366 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology