Prospect Park
Homes for Sale in Miami, FL
All 5,147 homes for sale in Miami, FL · median $525,000 · 41 homes for sale in 33168 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
As of November 2026, the MLS records 1 closed sale in Prospect Park in Miami, FL, the most recent in July 2026. Across Miami as a whole, 1,547 homes closed in the last 12 months at a median of $550,000, 67 median days on market. At that median and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $9,680 ($8,960 with the full homestead exemption).
Prospect Park's numbers right now are built on a thin trading window. With only a handful of closings feeding the current snapshot, the $659,000 median and $473.98 per square foot figure should be read as a directional signal rather than a precise market clock. Price per square foot at this level suggests homes here carry real build quality or lot value, but with so few data points, a single unusual sale can move the median noticeably.
A median days-on-market of 50 tells you these homes aren't moving in a rush, but they aren't sitting stale either. For a seller, that means pricing has to be sharp from day one — there isn't enough transaction volume in the record to justify a test-the-market approach. For a buyer, it means there's room to negotiate on terms or timeline, especially if a listing has already logged some time on market.
Figures in this note are as of July 22, 2026. The live market numbers elsewhere on this page update nightly and are newer.
Nearby homes for sale
No active listings inside PROSPECT PARK right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Prospect Park sits in Miami-Dade County with a market profile defined more by limited transaction volume than by clear trend lines — useful context for anyone reading the headline numbers at face value.
MIAMI REALTORS sales records identify 10 homes in PROSPECT PARK that have changed hands since 2009, built between 1945 and 1957 (median 1955), with a median living area of about 1,256 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Pre-construction details are compiled from public records, builder announcements and builder listings, and are subject to change without notice; figures are deemed reliable but not guaranteed. Momentum Research figures are our own analysis. This page describes homes, pricing and community attributes, not residents.
Who Prospect Park is best for.
Best for
- A buyer comfortable making a decision from a smaller set of comparable sales rather than a deep trend history.
- A buyer prioritizing the individual home and lot over shared community amenities.
- A seller with a well-maintained home who can price it tightly against the most recent, most comparable closings.
Probably not for
- A buyer who wants amenity-driven community features as part of the purchase decision.
- A buyer who needs a large, statistically deep sales history before pricing a home with confidence.
- A seller expecting a fast bidding-war sale based on high transaction volume rather than individual home merit.
The market around Prospect Park
Prospect Park is too small for its own price trend, so here is the market around it.
In ZIP 33168, 76 homes are on the market and 30% are under contract — a fast-moving corner of Miami.
Across Miami-Dade County, 14,507 homes are active and 2,241 pending (13% under contract).
In ZIP 33168 (Miami), 24 homes closed in the last 12 months at a median of $522K ($376/sq ft), with a median 44 days on market. Right now 11 active and 1 pending listings put supply at about 5.5 months — a buyer's market. See the live ZIP 33168 housing market and the Miami-Dade County market.
ZIP and county figures describe the wider market, not Prospect Park specifically. Momentum Research analysis of MLS records.
Prospect Park by the numbers
From county property records and closed MLS sales for the Prospect Park subdivision: 10 homes on record; built 1945–1957; typical size about 1,235 heated sq ft; 3 bedrooms is the median. Housing mix: single-family 100%.
| Year | Recorded sales | Median price |
|---|---|---|
| 2015 | 1 | $185,000 |
| 2017 | 1 | $226,000 |
| 2018 | 1 | $261,000 |
| 2020 | 1 | $390,000 |
| 2025 | 2 | $689,500 |
| 2026 | 2 | $657,500 |
Newest recorded sale: $550,000 on 2026-07-08.
Recorded data as of 2026-09-12; counts cover addresses tagged to this subdivision in the public record, not every parcel. Not an appraisal.
The Prospect Park buying strategy.
If we were buying in Prospect Park today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Prospect Park.
Reading a Thin Market Correctly
The closings window behind this snapshot is small — just three transactions. That's not a knock on the community, but it does change how the numbers should be used. A median price of $659,000 and a per-square-foot figure near $474 are real data points, but they represent what a few specific buyers paid for a few specific homes, not a stable curve built on volume.
No community amenities are currently identified from active MLS listings, which typically points to a market where value is driven by the individual home and lot rather than by a shared clubhouse, pool, or gate. Buyers should treat each listing on its own terms — condition, lot, and location within the area are likely doing more pricing work here than any community feature.
The location and the amenities are priced into every listing in Prospect Park. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a market this thin, the difference between a fair price and an overpay comes down to knowing which of the recent closings are truly comparable and which are outliers. We pull the underlying sales, not just the median, and walk buyers and sellers through what's actually driving each number before it becomes a strategy.
Prospect Park in 15 seconds.
Tools for a Prospect Park buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Prospect Park sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Prospect Park, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Prospect Park home worth?
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Data sources & freshness
| Under-contract shares | MIAMI MLS records, as of 2026-11-10 |
| Historical depth | Closed-sale records back to 2026 (1 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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