Miami, FL 33167 Real Estate Market Report

ZIP Code: 33167
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

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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.

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Key Findings

1. The neighborhood's primary indicator, the median sold price, is 490,500, which serves as the most reliable measure of current market value and recent transaction activity; given the market temperature is neutral, this median sold price appears to reflect a stabilized but softening pricing environment.

2. There is a notable spread between the median listing price 539,000 and the median sold price 490,500, which suggests pricing friction where seller expectations may exceed final transaction prices and may contribute to downward price pressure.

3. Market velocity is slow: the median days on market is 332, which indicates longer listing durations and suggests moderate transaction volume and reduced liquidity relative to faster-moving periods.

4. Macro and rental context reinforce caution: price year-over-year trend is down, rent year-over-year trend is flat, and interest rate pressure is elevated, which together may constrain buyer affordability and keep upward price momentum limited.

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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 33167 Real Estate Market Report

ZIP Code: 33167
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.

Liquidity metrics unavailable due to insufficient data quality.

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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 remains the primary indicator of market value and recent transaction activity; available transaction signals show price year-over-year trend is down, which suggests recent sales are exerting downward pressure on comparable values and may require sellers to align expectations with recent closed transactions.

2. Liquidity appears muted: the sampled dataset shows relatively constrained active supply in relation to sales, which combined with a neutral market temperature suggests balanced listing-to-sale conditions but with potential pricing friction and slower sales velocity that may prolong negotiation windows.

3. median market rent is $3,000 and rent year-over-year trend is flat, indicating rental cash flow appears stable in the near term and may partially offset downward price pressure for investors focused on income rather than short-term appreciation.

4. interest rate pressure is elevated, a material headwind for affordability that likely reduces buyer purchasing power and contributes to the observed downward price trend; sellers and investors should factor higher financing costs into pricing and hold/sell timing decisions.

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Notable Properties

The following 2 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.