Is Miami, FL 33122 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Miami is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Miami housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Miami-Dade County, FL

Population	1,687
Median income	$99,583
Average income	$124,835
Median home value	$2,000,000+*
Median rent	$2,514/month
Owner-occupied	4% of homes
Median year built	2014

Natural hazard riskHurricanes (very high), flooding (moderate), extreme heat (moderate)

* The Census Bureau doesn’t publish exact figures above $250,000 for household income, $2,000,000 for home values or $3,500 for monthly rent; it reports them as “or more.”

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 33122; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 33122

Prefilled for 33122Can I win this house?Multiple-offer likelihood for a listing Prefilled for 33122Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hialeah 33010Balanced $306 /sq ft Hialeah 33012Buyer’s market $336 /sq ft Hialeah 33013Balanced $345 /sq ft Hialeah 33014Balanced $327 /sq ft Browse all markets →

Towns like Miami nearby

Find towns like Miami in other states →

Fort Lauderdale, FL33301 · 24 miles away29% similarhigher income ($25K more) · cheaper homes ($1115K less) Miami, FL33137 · 6 miles away25% similarcheaper homes ($1383K less) · larger Miami, FL33132 · 6 miles away25% similarcheaper homes ($1476K less) · larger Miami, FL33130 · 5 miles away16% similarlower income ($39K less) · cheaper homes ($1483K less)

Where Miami is

Loading map…

Questions about Miami real estate

What are property taxes in Miami?

About 0.81% of a home’s value a year in Miami-Dade County, or roughly $3,240 on a $400,000 home.

Local agents

See all agents in 33122 →

No sponsored agents in 33122 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 33122

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Miami-Dade County property taxes Miami-Dade County loan limits Closing costs in Florida Hottest ZIP codes in Florida

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

JavaScript (recommended) iframe only

<div class="offerbacked-widget" data-widget="zip" data-zip="33122"><a href="https://offerbacked.com/market/33122">Miami, FL 33122 housing market data from OfferBacked</a></div>
<script async src="https://offerbacked.com/widget.js"></script>

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview Dark version

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology