Miami, FL 33155 Real Estate Market Report

ZIP Code: 33155
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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Miami 33155 market average approximately 6.25%, reflecting a stable environment for property owners compared to earlier 2026 benchmarks.

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 neighborhood’s primary market indicator, the 730,000 median sold price, signals current transaction value and suggests recent closings cluster near this level representative recent sale, even as asking prices (median listing price 825,000) show a gap that may indicate seller price expectations exceed realized sale values.

2. Liquidity appears muted: the long median days on market of 298 points to slower sales velocity and suggests transactions may take significantly longer to close than in faster-moving submarkets, which could require sellers to price more competitively or to allow longer contingency windows for buyers.

3. Pricing context is mixed but broadly stable: the price year-over-year trend is reported as flat and the market temperature is neutral, implying a balanced market where careful pricing and condition disclosures will materially affect time-to-contract.

4. Carry and yield considerations are influenced by elevated interest-rate pressure and robust rental demand: interest rate pressure is described as elevated while current 30-year fixed mortgage rates average approximately 6.25%, and the median market rent is 3,250 with rent year-over-year trend reported as up; investors should model higher financing costs against rising rental income when underwriting deals.

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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 33155 Real Estate Market Report

ZIP Code: 33155
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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Miami 33155 market average approximately 6.25%, reflecting a stable environment for property owners compared to earlier 2026 benchmarks.

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. $399,500 median sold price is the primary indicator of recent transaction values and suggests current realized market value for SFR and condominium properties in 33155; paired with a $370,000 median listing price this gap may indicate pricing friction between seller expectations and closed transactions.

2. 460 median days on market signals notably slower sales velocity and may indicate longer negotiation cycles or fewer time-sensitive buyers in the sample; given the neutral market temperature, this appears consistent with a more balanced but elongated transaction timeline.

3. $319 median price per square foot and $1,900 median market rent together provide context that valuation levels remain moderate for the area; with the price year-over-year trend reported as flat, expect limited near-term upside absent a shift in demand or financing conditions.

4. Interest-rate conditions matter: the market shows elevated interest rate pressure and rent year-over-year trend is reported as up; with the market temperature described as neutral, sellers and investors should monitor financing costs closely as they may constrain buyer affordability despite stable sold prices.

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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.