Miami, FL 33157 Real Estate Market Report

ZIP Code: 33157
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. median sold price: $690,000 is the primary indicator of recent transaction value in 33157; this level, combined with a median days on market: 220, suggests a slower sales velocity and that closings are taking longer than typical market cycles, which may require sellers to consider more competitive pricing or concessions to expedite transactions. down

2. There is a notable pricing gap between median listing price: $819,950 and the median sold price: $690,000, which appears to reflect elevated seller expectations versus realized transaction prices and may indicate pricing friction that buyers can use to negotiate.

3. Market balance signals are neutral: market temperature: neutral alongside elevated interest rate pressure indicates affordability headwinds; lenders and buyers are likely constrained by financing costs, and sellers should set expectations accordingly. neutral

4. Rental context shows a median market rent: $2,600 while rent year-over-year trend is down, which suggests moderated rental growth—investors should treat near-term income growth as muted and focus on underwriting with conservative rent assumptions. down

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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 33157 Real Estate Market Report

ZIP Code: 33157
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 primary market signal is the median sold price: 257,000, which identifies recent transaction value and suggests that actual sales are occurring below the median listing price: 195,000 — this gap may indicate pricing friction between seller expectations and realized sale outcomes.

2. Liquidity appears muted with a median days on market: 407, which signals slower sales velocity and suggests transactions may take substantially longer than typical market turnover; this moderate-to-slow pace may require sellers to price more competitively or offer concessions.

3. Price momentum is soft: the price year-over-year trend is down, while market temperature is neutral; combined with elevated interest rate pressure, expect buyer affordability constraints to continue moderating demand for SFR and condo inventory.

4. Fundamental valuation context is mixed: the median price per square foot: 233 and median market rent: 1,800 show rental support but rent year-over-year trend is down, so rental growth is moderating and may limit upside for investors relying on rent-driven returns.

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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.