Miami, FL 33165 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 neighborhood’s primary market value signal is the median sold price $667,000, which — together with the price year-over-year trend being up — indicates modest price appreciation based on recent transactions.
2. There is a noticeable gap between the median listing price $790,000 and the median sold price $667,000, which may indicate pricing friction and seller expectations above the level of representative recent sales; the long median days on market 245 suggests slower sales velocity rather than immediate turnover.
3. Market unit economics show a median price per square foot of $428 alongside a median market rent of $2,900; with rent year-over-year trend up, rental demand appears supportive of investor interest but do not infer yields or returns without additional inputs.
4. Overall market temperature is reported as neutral (neutral), while interest rate pressure is elevated; Current 30-year fixed mortgage rates in Miami, FL, are approximately 6.46%, which is 0.59% higher than the 5.87% average observed for typical loans in this area during January 2026 — this elevated rate pressure may moderate transaction volume and buyer affordability.

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.