Miami, FL 33167 Real Estate Market Report

ZIP Code: 33167
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Miami, FL (ZIP 33167) is exhibiting signs of recalibration, with the median sold price recorded at $470,000. This reflects a down trend in pricing, as the market appears to be adjusting to current economic conditions. The median days on market stands at 317, indicating a slower sales velocity and a potential shift in buyer sentiment.

Despite these adjustments, the market maintains a degree of stability, supported by underlying economic factors. Elevated inventory levels suggest an excess supply relative to sales activity, which may contribute to the ongoing price adjustments. The median listing price of $539,000 further illustrates a notable gap between seller expectations and market realities, potentially leading to pricing friction as sellers recalibrate their strategies.

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Miami FL 33167 area around 6.11% are notably lower than the 6.65% average seen one year ago, presenting a cost opportunity 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 $470,000 indicates a down trend in property values, suggesting a shift in market dynamics.

2. With a median days on market of 317, the market is experiencing slower sales velocity, which may indicate a cooling buyer interest.

3. The median listing price of $539,000 shows a significant gap compared to the sold price, highlighting potential pricing friction in negotiations.

4. Elevated inventory levels suggest excess supply relative to sales activity, which could pressure prices further in the near term.

5. The median market rent of $2,530 reflects a down trend year-over-year, contrasting with the generally elevated rental demand in the area.

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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.