Miami, FL 33145 Real Estate Market Report

ZIP Code: 33145
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. The primary indicator of market value is the median sold price $850,000, which represents recent closed transactions and should be prioritized over asking prices when valuing listings; representative recent sale informs pricing decisions.

2. There is a seller expectation gap between the median listing price $875,000 and the median sold price $850,000, which suggests pricing friction and may require sellers to adjust offers or concessions to reach contract terms.

3. Market liquidity appears slow: the median days on market is 365, indicating prolonged marketing periods and slower sales velocity; despite slower velocity, the sample shows a relatively constrained active supply that may support price resilience.

4. Broader market signals are negative for near-term appreciation—price trends are down year-over-year and rents are down year-over-year—while financing cost headwinds remain moderate, which together point to caution for investors and sellers; down and moderate describe these pressures.

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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.

Miami, FL 33145 Real Estate Market Report

ZIP Code: 33145
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

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Key Findings

1. $378,000 — The median sold price remains the primary indicator of market value and recent transactions; with a median sold price of $378,000, recent closings suggest sellers are achieving prices that should be prioritized over asking prices when valuing inventory, and the presence of a listing-sold gap (median listing price $324,999 vs. median sold price $378,000) signals pricing friction between asking and realized values.

2. 424 days — The median days on market of 424 indicates materially slower sales velocity and greater time-to-contract than typical market cycles, which may indicate reduced liquidity and increased negotiation leverage for buyers.

3. $384 per sqft — The median price per square foot of $384 provides a stable per-unit benchmark for comparative valuation across SFR and condominium stock in the ZIP; when paired with declining price momentum (down price year-over-year trend) this suggests sellers should temper pricing expectations against recent comps.

4. $2,400 — The median market rent of $2,400 combined with a down rent year-over-year trend and moderate interest rate pressure suggests rental growth is cooling and financing costs remain a modest headwind, which may reduce investor demand near term and support more conservative pricing strategies.

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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.