Miami, FL 33150 Real Estate Market Report

ZIP Code: 33150
Report Date: May 2026
Market Temperature: NEUTRAL
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

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 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. The neighborhood's most reliable market signal is the median sold price $479,000, which represents the representative recent sale level and should be used as the primary anchor for valuation and underwriting decisions.

2. Listing expectations remain higher than realized transactions: the median listing price $550,000 appears elevated relative to recent sales and may indicate pricing friction, so underwriters and sellers should expect longer negotiation windows or price adjustments.

3. Market velocity is slow: the median days on market 368 suggests materially slower sales velocity and downward pressure on price momentum, so sellers may need longer marketing time or stronger concessions to close deals.

4. Unit-level economics show a median price per square foot $422 alongside a median market rent $2,195, and with interest rate pressure described as moderate this implies cautious underwriting is warranted for buy-to-rent scenarios and investors should require clear rent-growth or expense assumptions before proceeding.

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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 33150 Real Estate Market Report

ZIP Code: 33150
Report Date: May 2026
Market Temperature: NEUTRAL
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 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. The neighborhood's median sold price is 222,000, which serves as the primary indicator of recent market value and suggests transaction pricing is centered near that level while the price year-over-year trend is down.

2. The median days on market is 524, indicating substantially slower sales velocity that may indicate increased time needed to convert listings to closed sales and pricing friction for sellers.

3. The median price per square foot is 157 and the median market rent is 1,950, with rent year-over-year trend up — this combination suggests rental demand is firm even as sale prices show softening.

4. With a neutral market temperature and moderate interest rate pressure, the sample shows relatively constrained active supply in recent transactions and balanced overall market conditions that appear to favor price stabilization rather than rapid appreciation or collapse.

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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.