Miami, FL 33155 Real Estate Market Report

ZIP Code: 33155
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Miami, FL (ZIP: 33155) reflects a median sold price of $749,999, indicating a stable transaction environment despite recent fluctuations. The market has shown signs of adjustment, with the median listing price at $850,000, suggesting a notable gap between seller expectations and buyer willingness. This discrepancy may indicate a cautious buyer sentiment influenced by broader economic uncertainties.

The current market conditions are characterized by elevated inventory levels, leading to a median days on market of 226. This extended time frame for properties to sell suggests a slower sales velocity, which may be attributed to the ongoing economic factors and elevated interest rate pressure. With rental rates declining, the market is becoming increasingly renter-friendly, further complicating the dynamics for potential homebuyers who may be hesitant to commit in a shifting landscape.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Miami FL 33155 area around 5.75%-6.17% are notably lower than the 6.85% average seen one year ago, presenting a favorable market for refinancing.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price of $749,999 reflects a stable market, despite a significant gap with the median listing price of $850,000.

2. With 226 days on market, properties are experiencing slower sales velocity, indicating potential pricing friction.

3. The market temperature is currently neutral, suggesting balanced conditions between buyers and sellers.

4. Rental rates are down, creating a more favorable environment for renters and potentially influencing buyer sentiment.

5. Elevated interest rate pressure may continue to affect buyer confidence and overall market activity.

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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.