Miami, FL 33155 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

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

Key Findings

1. The primary market indicator, the median sold price, is $679,500, and the significant gap versus the median listing price of $844,500 suggests pricing friction between seller expectations and recent transaction levels.
2. Transaction velocity appears slow: the median days on market is 281, which suggests slower sales velocity and longer marketing periods for SFR and condominium listings in the neighborhood.
3. Price direction is weakening: the market shows a year-over-year price trend of down while the market temperature is neutral, indicating a move toward more balanced conditions rather than a clear seller advantage.
4. Financing and rental context is mixed—interest rate pressure is elevated with the current 30-year fixed rate at 6.34% (versus 6.10% earlier in 2026), and the median market rent is $3,100 with rent year-over-year trend down; this combination may compress buyer affordability and rental growth potential.

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.