33157 (Miami)
Housing Market
Median sale price $625,000, down 0.2% year over year, with homes going under contract in about 56 days.
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Housing Market Analyst
Inventory sits at 3.6 months of supply — balanced by the 3-to-6-month balanced benchmark, and 0% of listed homes are already under contract. Prices are down 0.2% versus the prior year, but sellers are still collecting 94.3% 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.
- Prices — more likely to stabilize than fall sharply. Supply remains below balanced levels even as prices soften; without a meaningful inventory build, further declines tend to be shallow.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 0% 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 33157 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
Where 33157 is hot — and where it isn't
Each dot is a community (75 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33157 (Miami)
The median sale price across 33157 currently stands at $625,000, down 0.2% from a year ago. Buyers are paying a median of $383 per square foot. The typical home goes under contract in about 56 days. Sellers are capturing 94.3% of their original asking price on average.
At the current sales pace that works out to 3.6 months of supply — a seller-leaning market by the standard six-month benchmark.
Zillow's home value index for Miami-Dade County stands at $523,890. 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 33157 is 50 of 100 — balanced market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 26, 2026.
33157 since 2012 — and where it’s heading
A median home here sold for $164,907 in 2012 and $694,657 over the last recorded year — 321% appreciation across 14 years of recorded sales. Cash buyers took 25% of recent sales, down from a 31% peak.
Median sale price · 2012–2026 (7,357 recorded sales)
Days on market by year
Cash buyers · share of sales
Home value trend · Miami-Dade County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Median price · daily recalculation
What’s driving 33157
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.
Neighborhoods on the move
| CORAL REEF ESTATESMiami | $1.00M | ▲ 16% |
| PINE SHOREMiami | $1.14M | ▲ 14% |
| GREEN HILLSMiami | $660K | ▲ 6% |
| BEL AIREMiami Beach | $690K | ▲ 6% |
| RICHMOND HEIGHTS ESTATESMiami | $498K | ▲ 5% |
| GREEN HILLS PARK WEST NOMiami | $188K | ▼ 29% |
| CUTLER RIDGE PINESMiami | $595K | ▼ 14% |
| PINE TREE MANORMiami | $560K | ▼ 11% |
| AMERICANA VILLAGE CONDOMiami | $260K | ▼ 10% |
| SOUTHWOODMiami | $1.03M | ▼ 8% |
| LeisurevillePompano Beach | $116K | 3 |
| PINE SHOREMiami | $1.14M | 12 days |
| FAIRWAY PARKMiami | $545K | 22 days |
| ROZLAND CONDOMiami | $250K | 25 days |
| CORAL REEF ESTATESMiami | $1.00M | 26 days |
| CUTLER RIDGE PINESMiami | $595K | 30 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33157 right now?
The data says conditions currently favor neither side decisively in 33157 — the Momentum Score reads 50/100 with 3.6 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 33157 becoming more affordable?
Yes, modestly — the median sale price in 33157 is $625,000, down 0.2% versus the prior year, while sellers still capture 94.3% 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 33157?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are GREEN HILLS PARK WEST NO (-29%); CUTLER RIDGE PINES (-14%); PINE TREE MANOR (-11%). 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 33157 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are PINE SHORE (12 days); FAIRWAY PARK (22 days); ROZLAND CONDO (25 days) — homes there go under contract well ahead of the market-wide pace of 56 days.
33157 (Miami) housing market FAQ
What is the median home price in 33157?
The median sale price in 33157 is currently $625,000, down 0.2% from a year ago, based on MLS sales data updated August 26, 2026.
Is 33157 a buyer's or seller's market right now?
The data currently is roughly balanced. 33157 scores 50 of 100 on the Momentum Score, with 3.6 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33157?
The typical home in 33157 goes under contract in about 56 days, per current MLS data.
Are home prices in 33157 rising or falling?
Median sale prices are down 0.2% 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 33157 (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: August 26, 2026 at 8:37 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.