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ZIP 33131 in Miami, FL: housing market trends

The median home sale price in ZIP 33131 in Miami, FL was $624,816 for the three-month period ending September 2026. Sale prices were 2.0% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$624,816
three-month period ending September 2026
Median sale price per sq ft
$635.23
three-month period ending September 2026
Active listings
917
three-month period ending September 2026
Typical monthly rent
$3,831
Rent index · August 2026

How is housing inventory changing?

There were 917 active listings for the three-month period ending September 2026. Active listings were 16.1% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 136 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 33131 in Miami, FL
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$624,816$635.23134
Single-familySeptember 2026$2,549,357$1,002.911 · small sample
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$622,482$635.34134
Multifamily (2–4 units)September 2026UnavailableUnavailableUnavailable

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 33131 in Miami, FL
MarketMedian sale priceReporting period / source
Miami, FL$585,000Month ending July 2026 · Zillow
Fisher Island, FL$4,098,0483 months ending September 2026 · Redfin
Miami Beach, FL$382,200Month ending July 2026 · Zillow
Brownsville, FL$479,7723 months ending September 2026 · Redfin
Key Biscayne, FL$1,520,2763 months ending September 2026 · Redfin
Gladeview, FL$339,8383 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 33131 in Miami, FL
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$624,816$635.23917
August 2026$634,500$633.811,003
July 2026$592,500$612.77994
June 2026$610,000$627.38994
May 2026$600,000$627.381,004
April 2026$640,000$650.56977
March 2026$630,000$597.08971
February 2026$630,000$624.22976
January 2026$650,000$644.26971
December 2025$650,000$649.60983
November 2025$667,500$642.571,020
October 2025$640,000$637.081,053
September 2025$612,500$629.201,093
August 2025$640,000$660.631,119
July 2025$645,000$686.271,132
June 2025$697,500$729.231,161
May 2025$680,825$694.311,147
April 2025$680,825$681.221,138
March 2025$690,000$687.481,101
February 2025$730,000$697.671,106
January 2025$760,000$676.981,063
December 2024$723,850$667.891,048
November 2024$715,000$669.111,001
October 2024$730,000$687.78953

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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