ANDRES JARA · REAL ESTATE

33161 North Miami Real Estate Market Report — November 2026

Monthly Market Report · November 15, 2026

Market Summary

As of November 15, 2026, ZIP 33161 has 210 active listings at a median list price of $488K ($327 per sqft). 275 homes closed in the past 12 months at a median sold price of $620K, implying 9.2 months of supply. Homes here sell for about 94.6% of list price.

Homes sold for a median 92.9% of their original asking price (95.5% of the final list price), went under contract in a median 47 days and closed in 88. 41% of buyers paid cash, 54% financed and 5% 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 92.9% of their original asking price (95.5% of the final list price), went under contract in a median 47 days and closed in 88.

47 days
median, listing → contract
35 days
median, contract → closing
88 days
median, listing → closing
% of original ask92.9%
% of final list price95.5%

83% of homes (231 of 279) sold below their original asking price. Based on 279 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.

How buyers paid

Of the 265 buyers whose financing was recorded, 43% paid cash. Across all 279 sales of homes: 41% cash, 54% financed and 5% not disclosed.

Cash41.2%115 sales
Financed (mortgage or other loan)53.8%150 sales
Not disclosed5.0%14 sales
43%
cash share of disclosed sales
95%
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 279 closed sales, Nov 2025 – Oct 2026.

For Sale in ZIP 33161

210 homes & condos currently for sale · $70,000 – $5,450,000.

ZIP 33161For Sale210 for sale · $70,000 – $5,450,000
210
Homes for Sale
$70K
From
$5.5M
Up to
210
Active Listings
$488K
Median List Price
$327
Median $/SqFt
9.2
Months of Supply
$620K ▲ 13.2%
Median Sold (12mo)
275
Closed Sales
last 12 months
92.9%
Sold ÷ Original Ask
median, last 12 months
47
Days to Contract
median · 88 days to close
41%
Paid Cash
54% financed · 5% not disclosed

ZIP 33161 closed sales, monthly

We track every closed sale in ZIP 33161 — 275 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 Market9.2 months of supply

Supply exceeds the current pace of sales — buyers have more leverage.

Trades at a 19% premium to the North Miami average ($327 vs $274 per sqft, above market).

Median $/SqFt

ZIP 33161 · 1,928 closed sales
Median price per square foot over time$506$358$2102020-112021-112022-112023-112024-112025-112026-11

Live market analytics for 33161 →

Data source & method

Source
MiamiRE (Miami Association of Realtors) MLS — listings and closed sales.
Geography
every MLS listing whose PostalCode is 33161. 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=275 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.