33150 (Miami)
Housing Market & Home Values
Median sale price $475,000, up 1.8% year over year, with homes going under contract in about 51 days, 61 homes on the market.
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Housing Market Analyst
Inventory sits at 2.4 months of supply — tight by the 3-to-6-month balanced benchmark, and 16% of listed homes are already under contract. Prices are up 1.8% versus the prior year and 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 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 — buyers gain ground as 16% 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 33150 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 33150 is hot — and where it isn't
Each dot is a community (17 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33150 (Miami)
The median sale price across 33150 currently stands at $475,000, up 1.8% from a year ago. Buyers are paying a median of $358 per square foot. The typical home goes under contract in about 51 days. Sellers are capturing 93.8% of their original asking price on average.
There are 61 active listings on the market, with 10 more already under contract. At the current sales pace that works out to 2.4 months of supply — a seller-leaning market by the standard six-month benchmark. 5 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 33150 is 58 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 5, 2026.
33150 since 2012 — and where it’s heading
A median home here sold for $142,380 in 2012 and $700,737 over the last recorded year — 392% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (1,779 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 33150
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 | |
|---|---|---|---|---|
| 33150 ← this page | $475K | 61 | 58 | |
| 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
| STEPHEN MANORMiami | $425K | ▲ 1% |
| SUNSET PALM VILLAS CONDOMiami | $190K | ▲ -5% |
| DUNNINGS MIAMI SHORES EXTMiami Shores | $1.01M | ▲ -7% |
| EL PORTALEl Portal | $1.09M | ▲ -7% |
| SEVENTH AVE PARKMiami | $445K | ▲ -11% |
| LAKE LUCERNEMiami Gardens | $475K | ▼ 11% |
| SEVENTH AVE PARKMiami | $445K | ▼ 11% |
| DUNNINGS MIAMI SHORES EXTMiami Shores | $1.01M | ▼ 7% |
| EL PORTALEl Portal | $1.09M | ▼ 7% |
| SUNSET PALM VILLAS CONDOMiami | $190K | ▼ 5% |
| SUNSET PALM VILLAS CONDOMiami | $190K | 14 |
| LAKE LUCERNEMiami Gardens | $475K | 7 |
| SEVENTH AVE PARKMiami | $445K | 7 |
| EL PORTALEl Portal | $1.09M | 6 |
| STEPHEN MANORMiami | $425K | 5 |
| DUNNINGS MIAMI SHORES EXTMiami Shores | $1.01M | 11 days |
| SEVENTH AVE PARKMiami | $445K | 16 days |
| LAKE LUCERNEMiami Gardens | $475K | 24 days |
| STEPHEN MANORMiami | $425K | 60 days |
| SUNSET PALM VILLAS CONDOMiami | $190K | 81 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33150 right now?
The data says conditions currently favor neither side decisively in 33150 — the Momentum Score reads 58/100 with 2.4 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 33150 becoming more affordable?
No — the median sale price in 33150 is $475,000, up 1.8% versus the prior year, while sellers still capture 93.8% of asking price. Rising prices mean waiting has a cost; affordability hinges mostly on your rate.
Where are prices falling fastest in 33150?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are LAKE LUCERNE (-11%); SEVENTH AVE PARK (-11%); DUNNINGS MIAMI SHORES EXT (-7%). 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 33150 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are DUNNINGS MIAMI SHORES EXT (11 days); SEVENTH AVE PARK (16 days); LAKE LUCERNE (24 days) — homes there go under contract well ahead of the market-wide pace of 51 days.
33150 (Miami) housing market FAQ
How is the housing market in 33150 right now?
As of October 5, 2026, the 33150 housing market favors sellers: the median sale price is $475,000 (up 1.8% year over year), 61 homes are for sale against 5 sales in the last 12 months, which is 2.4 months of supply, and the typical home goes under contract in about 51 days.
How much is a house in 33150?
The median home sold for $475,000 in 33150 over the last 12 months, about $358 per square foot; asking prices on the 61 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 33150?
By the numbers, sellers in 33150 are getting 93.8% of asking price and going under contract in about 51 days with 2.4 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 33150 housing market forecast?
Momentum Realty publishes the recorded trend, not a prediction: 33150 median sale prices are up 1.8% year over year, inventory stands at 2.4 months of supply, and 16% 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 33150?
The median sale price in 33150 is currently $475,000, up 1.8% from a year ago, based on MLS sales data updated October 5, 2026.
Is 33150 a buyer's or seller's market right now?
The data currently favors sellers. 33150 scores 58 of 100 on the Momentum Score, with 2.4 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33150?
The typical home in 33150 goes under contract in about 51 days, per current MLS data.
How many homes are for sale in 33150?
There are approximately 61 active listings in 33150 as of October 5, 2026.
Are home prices in 33150 rising or falling?
Median sale prices are up 1.8% 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 33150 (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 5, 2026 at 1:44 PM 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.