33128 (Miami)
Housing Market & Home Values
Median sale price $495,000, down 4.3% year over year, with homes going under contract in about 60 days, 21 homes on the market.
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Housing Market Analyst
29% of listed homes are already under contract. Prices are down 4.3% versus the prior year, but sellers are still collecting 93.8% 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 neither side decisively.
- Inventory — building over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 29% 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 33128 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
The read on 33128 (Miami)
The median sale price across 33128 currently stands at $495,000, down 4.3% from a year ago. Buyers are paying a median of $227 per square foot. The typical home goes under contract in about 60 days. Sellers are capturing 93.8% of their original asking price on average.
There are 21 active listings on the market, with 8 more already under contract.
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 33128 is 47 of 100 — buyer's opportunity territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of October 3, 2026.
33128 since 2013 — and where it’s heading
A median home here sold for $197,791 in 2013 and $458,695 over the last recorded year — 132% appreciation across 13 years of recorded sales.
Median sale price · 2013–2026 (1,599 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 33128
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.
Both sides have a case: buyers should negotiate on days-on-market, sellers should lean on the under-contract rate. Preparation, not the market, decides who wins a balanced tape.
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 | |
|---|---|---|---|---|
| 33128 ← this page | $495K | 21 | 47 | |
| 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
| Bella TerraEstero | $495K | ▲ -3% |
| Bella TerraEstero | $495K | ▼ 3% |
| Bella TerraEstero | $495K | 20 |
| SAN LORENZO CONDOMiami | $220K | 1 |
| Bella TerraEstero | $495K | 59 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33128 right now?
The data says conditions currently favor neither side decisively in 33128 — the Momentum Score reads 47/100. 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 33128 becoming more affordable?
Yes, modestly — the median sale price in 33128 is $495,000, down 4.3% versus the prior year, while sellers still capture 93.8% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 33128?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are Bella Terra (-3%). 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 33128 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Bella Terra (59 days) — homes there go under contract well ahead of the market-wide pace of 60 days.
33128 (Miami) housing market FAQ
How is the housing market in 33128 right now?
As of October 3, 2026, the 33128 housing market is roughly balanced: the median sale price is $495,000 (down 4.3% year over year), 21 homes are for sale, and the typical home goes under contract in about 60 days.
How much is a house in 33128?
The median home sold for $495,000 in 33128 over the last 12 months, about $227 per square foot; asking prices on the 21 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 33128?
By the numbers, sellers in 33128 are getting 93.8% of asking price and going under contract in about 60 days. 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 33128 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33128 median sale prices are down 4.3% year over year, and 29% 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 33128?
The median sale price in 33128 is currently $495,000, down 4.3% from a year ago, based on MLS sales data updated October 3, 2026.
Is 33128 a buyer's or seller's market right now?
The data currently is roughly balanced. 33128 scores 47 of 100 on the Momentum Score. Conditions change; this page updates daily.
How long do homes take to sell in 33128?
The typical home in 33128 goes under contract in about 60 days, per current MLS data.
How many homes are for sale in 33128?
There are approximately 21 active listings in 33128 as of October 3, 2026.
Are home prices in 33128 rising or falling?
Median sale prices are down 4.3% 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 33128 (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.