33138 Miami Real Estate Market Report — November 2026
Monthly Market Report · November 15, 2026
Market Summary
As of November 15, 2026, ZIP 33138 has 210 active listings at a median list price of $868K ($472 per sqft). 332 homes closed in the past 12 months at a median sold price of $1.1M, implying 7.6 months of supply. Homes here sell for about 93.8% of list price.
Homes sold for a median 91.8% of their original asking price (94.9% of the final list price), went under contract in a median 61 days and closed in 110. 46% of buyers paid cash, 50% financed and 3% did not disclose.
Based on MLS closed sales. Data current as of November 15, 2026.
How fast homes sell
Homes here sold for a median 91.8% of their original asking price (94.9% of the final list price), went under contract in a median 61 days and closed in 110.
61 days
median, listing → contract
36 days
median, contract → closing
110 days
median, listing → closing
% of original ask91.8%
% of final list price94.9%
87% of homes (286 of 329) sold below their original asking price. Based on 332 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
How buyers paid
Of the 321 buyers whose financing was recorded, 48% paid cash. Across all 332 sales of homes: 46% cash, 50% financed and 3% not disclosed.
Cash46.4%154 sales
Financed (mortgage or other loan)50.3%167 sales
Not disclosed3.3%11 sales
48%
cash share of disclosed sales
97%
of sales reported how the buyer paid
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. From the MLS financing field on 332 closed sales, Nov 2025 – Oct 2026.
For Sale in ZIP 33138
210 homes & condos currently for sale · $150,000 – $43,900,000.
ZIP 33138For Sale210 for sale · $150,000 – $43,900,000
We track every closed sale in ZIP 33138 — 332 in the last twelve months. Get the new ones, with prices and price per square foot, on the first of each month.
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Buyer’s Market7.6 months of supply
Supply exceeds the current pace of sales — buyers have more leverage.
Trades at a 9% discount to the Miami average ($472 vs $517 per sqft, below market).
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33138. A ZIP boundary is a postal route, not a municipal border.
Property types
MLS PropertyType = Residential: condominiums, single-family homes, townhouses and villas. Land, commercial and duplex–quadplex are excluded, as are rentals.
As of
November 15, 2026. This page is a dated snapshot, rebuilt nightly from a live query taken at build time. Inventory counts MLS status Active only — listings under contract (Pending, Active Under Contract) and Coming Soon are not counted as for sale.
Reporting windows
Active listings, median list price and median $/SF are as of the date above. The closed-sale figures — median sold price, the sales count and the year-over-year change — cover a rolling 365 days, November 15, 2025 – November 14, 2026, n=332 closed sales. Year-over-year compares that window with the 365 days before it, and is suppressed unless both sides have at least 5 sales. Months of supply is active listings ÷ (those closed sales ÷ 12). The sale-timing panel states its own window and sample size.