Miami, FL 33145 Real Estate Market Report

ZIP Code: 33145
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Miami (33145) is characterized by a median sold price of $836,499.50, reflecting a stable market environment. The neighborhood has increased up since the previous year, indicating a positive trend in property values. The current market conditions suggest a balanced dynamic between buyers and sellers, with moderate transaction volume and elevated inventory levels contributing to a more stable pricing environment.

The median listing price stands at $875,000, which shows a notable gap compared to the median sold price, suggesting potential pricing friction as sellers adjust expectations to align with market realities. With a median days on market of 340, properties are experiencing slower sales velocity, indicating that while demand remains robust, the market is transitioning towards a more neutral temperature as inventory levels improve.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $836,499.50 is the median sold price, reflecting a stable market environment with potential pricing friction due to the gap with the median listing price of $875,000.

2. The market temperature is currently neutral, suggesting a balanced dynamic between buyers and sellers.

3. Properties are taking a median of 340 days on the market, indicating slower sales velocity and a shift towards a more balanced market.

4. The median market rent is $2,790, with a year-over-year trend showing a slight down movement, indicating potential softening in rental demand.

5. Inventory levels are elevated relative to sales activity, suggesting a transition towards a more balanced market as supply increases.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.