Is Miami, FL 33136 a buyer’s or seller’s market?
Miami is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 0% of U.S. ZIP codes, and #766 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 Miami housing market right now
In the three months ending August 31, 2026, 0% of homes in Miami, FL 33136 sold above their list price, the typical home went under contract in 105 days and there were 6 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 15 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (135 days then) and the median sale price fell 3% to $319,862. Overall, Miami is more competitive than a year ago, so tougher for buyers.
Within Miami-Dade County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Miami ranks #766 of 796 FL ZIP codes with enough sales (score 3 out of 100).
Nearby, Miami 33184 (26% sold over asking) and Opa Locka 33055 (24% sold over asking) are even more competitive.
Run the numbers for 33136
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 Miami nearby
Find towns like Miami in other states →Where Miami is
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Questions about Miami real estate
Is Miami a buyer’s or seller’s market?
A balanced market: there were 6 months of supply in Miami, FL 33136 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 Miami?
The typical home went under contract in 105 days in the latest three months.
Do homes in Miami sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.7% of the list price.
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.
What is the median home price in Miami?
The median sale price was $319,862 in the three months ending August 31, 2026, about $328 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