33109 (Miami)
Housing Market & Home Values
Median sale price $1,320,000, up 2.9% year over year, with homes going under contract in about 69 days, 6 homes on the market.
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Housing Market Analyst
Inventory sits at 2.2 months of supply — tight by the 3-to-6-month balanced benchmark, and 44% of listed homes are already under contract. Prices are up 2.9% versus the prior year and sellers are still collecting 89.2% of asking. Taken together, the data points to a broadly balanced market where preparation decides who wins.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors sellers.
- Prices — pressure remains upward while supply stays this thin.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — sellers hold the leverage while 44% of inventory sits under contract.
- Mortgage sensitivity — at 7.6× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33109 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33109 (Miami)
The median sale price across 33109 currently stands at $1,320,000, up 2.9% from a year ago. Buyers are paying a median of $621 per square foot. The typical home goes under contract in about 69 days. Sellers are capturing 89.2% of their original asking price on average.
There are 6 active listings on the market, with 3 more already under contract. At the current sales pace that works out to 2.2 months of supply — a seller-leaning market by the standard six-month benchmark. 11 homes closed here over the trailing 12 months.
Zillow's home value index for Miami-Dade County stands at $521,011. About 16% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33109 is 61 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 3, 2026.
33109 since 2012 — and where it’s heading
A median home here sold for $701,034 in 2012 and $1,559,333 over the last recorded year — 122% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (434 recorded sales)
Days on market by year
Home value trend · Miami-Dade County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Miami-Dade County (MLS)
Median price · daily recalculation
What’s driving 33109
Top inbound states: NY, CA, TX, NJ. Movers arriving report ~$127,200 average income. Source: IRS SOI county-to-county migration, 2022-2023
56,357 Citizens policies in force in Miami-Dade County — the state-backed insurer of last resort. Budget insurance into any Miami-Dade purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
2,666 single-family · 13,869 multi-family · 6.2 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
Sellers: price to the last 60 days of comps, not the peak — well-prepared listings are still commanding strong terms. Buyers: get underwritten now so you can move when the right house hits.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Miami-Dade
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33109 ← this page | $1.32M | 6 | 61 | |
| 33160 | $455K | 1,312 | 39 | Open → |
| 33131 | $628K | 810 | 46 | Open → |
| 33140 | $570K | 727 | 45 | Open → |
| 33180 | $485K | 615 | 36 | Open → |
| 33130 | $601K | 507 | 33 | Open → |
Neighborhoods on the move
| RENAISSANCE ON THE OCEANHollywood | $1.30M | ▲ 4% |
| Renaissance On The OceanHollywood | $1.32M | ▼ 2% |
| RENAISSANCE ON THE OCEANHollywood | $1.30M | 2 |
| RENAISSANCE ON THE OCEANHollywood | $1.30M | 49 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33109 right now?
The data says conditions currently favor neither side decisively in 33109 — the Momentum Score reads 61/100 with 2.2 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33109 becoming more affordable?
No — the median sale price in 33109 is $1,320,000, up 2.9% versus the prior year, while sellers still capture 89.2% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33109?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Renaissance On The Ocean (2%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33109 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are RENAISSANCE ON THE OCEAN (49 days) — homes there go under contract well ahead of the market-wide pace of 69 days.
33109 (Miami) housing market FAQ
How is the housing market in 33109 right now?
As of October 3, 2026, the 33109 housing market favors sellers: the median sale price is $1,320,000 (up 2.9% year over year), 6 homes are for sale against 11 sales in the last 12 months, which is 2.2 months of supply, and the typical home goes under contract in about 69 days.
How much is a house in 33109?
The median home sold for $1,320,000 in 33109 over the last 12 months, about $621 per square foot; asking prices on the 6 current listings run from well below to well above that, and the community pages linked below show what each neighborhood actually sells for.
Is it a good time to sell a house in 33109?
By the numbers, sellers in 33109 are getting 89.2% of asking price and going under contract in about 69 days with 2.2 months of supply. Under four months of supply generally favors sellers; over six favors buyers. Whether it is a good time for you depends on what you paid and where you are going next, which is a conversation with an agent, not a chart.
What is the 33109 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33109 median sale prices are up 2.9% year over year, inventory stands at 2.2 months of supply, and 44% of listings are under contract. The charts on this page update with every MLS refresh, so the direction shows up here before any forecast catches it.
What is the median home price in 33109?
The median sale price in 33109 is currently $1,320,000, up 2.9% from a year ago, based on MLS sales data updated October 3, 2026.
Is 33109 a buyer's or seller's market right now?
The data currently favors sellers. 33109 scores 61 of 100 on the Momentum Score, with 2.2 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33109?
The typical home in 33109 goes under contract in about 69 days, per current MLS data.
How many homes are for sale in 33109?
There are approximately 6 active listings in 33109 as of October 3, 2026.
Are home prices in 33109 rising or falling?
Median sale prices are up 2.9% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33109 (Miami). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: October 3, 2026 at 11:31 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.