Is Miami, FL 33167 a buyer’s or seller’s market?

The Miami housing market right now

In the three months ending August 31, 2026, 6% of homes in Miami, FL 33167 sold above their list price, the typical home went under contract in 113 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 10%, homes sold more slowly (82 days then) and the median sale price rose 11% to $539,666. Overall, Miami is less competitive than a year ago, which gives buyers more room.

Within Miami-Dade County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Miami ranks #650 of 796 FL ZIP codes with enough sales (score 10 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) and Opa Locka 33055 (24% sold over asking) are even more competitive.