Miami, FL 33168 Real Estate Market Report

ZIP Code: 33168
Report Date: June 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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Miami 33168 are approximately 6.4%, reflecting a period of sustained market elevation compared to the lower rate environments seen earlier in 2026.

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 primary market-value signal is the median sold price: 363,475, which represents the most reliable indicator of recent transaction activity and suggests pricing that is meaningfully below current asking levels in the sample; use sold prices to set realistic offers.

2. Liquidity appears muted: the median days on market: 341 points to slower sales velocity and prolonged listing lifecycles, which may indicate greater negotiation leverage for buyers and pricing friction between sellers and the pool of active demand.

3. Seller expectations show a notable gap versus transactions: the median listing price: 585,000 sits well above the median sold price, which suggests current asking strategies may be optimistic and could require downward adjustment to align with recent sales.

4. Market context is broadly balanced: the market temperature: neutral with a price year-over-year trend: up and rent year-over-year trend: up, while interest rate pressure: moderate (current 30-year fixed ~6.4% as reported) suggests steady demand drivers (migration and luxury segment) but continued sensitivity to financing costs; demand fundamentals remain supportive.

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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.