North Miami, FL 33168 Real Estate Market Report

ZIP Code: 33168
Report Date: April 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

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 $487,500 is the primary indicator of recent market value in North Miami ZIP 33168; this representative recent sale point, combined with a median listing price $565,000, suggests a meaningful gap between asking and achieved prices and may indicate pricing friction that sellers need to address (neutral market temperature).

2. Despite asking price levels, transaction pace appears slow: the median days on market 303 points to elongated marketing times and slower sales velocity, which may indicate buyer selectivity or longer negotiation cycles rather than immediate liquidity.

3. Inventory conditions in the analyzed sample show a relatively constrained active supply (sample-based) versus recent sales, which, together with a median price per square foot $374, suggests that single-family and higher-priced condo segments can still command premium per-unit pricing while transaction frequency remains moderate (balanced/neutral).

4. Macro and rental context: year-over-year price movement is up and rent year-over-year movement is up, while interest rate pressure elevated represents a headwind for buyer affordability; investors and owner-occupiers should factor rising financing costs into hold vs. buy timing decisions and underwriting assumptions (elevated interest rate pressure).

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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.