Market Intelligence · FL / Miami

Miami, FL 33138 Housing Market

The typical home in Miami's 33138 ZIP code is valued at $814,682, up 2.2% over the past year. The median list price sits at $799,000, and homes are taking a median of 83 days on market as of June 1, 2026.

Updated June 2026Median value$815K

The median home value in Miami, FL 33138 is $815K as of June 2026, up 2.2% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 33138 range

$750K to $880K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.2% over 12 months

Typical home value in 33138 over the last 12 months: $797K in Jun 2025 to $815K in Jun 2026 (+2.2%).

Jun 2025$797K

Jun 2026$815K

The numbers

What is the 33138 housing market like?

Typical home value

$815K

Up2.2%YoY

Median list price

$799K

Days on market

83

Down36.6%MoM

Homes for sale

245

Price cuts

10.3%

New listings

54

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 33138 home prices compare?

  • 33138$814,682
  • Miami$568,733
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 245 homes for sale in 33138, with 54 new listings added. The typical home value is $814,682, up 2.2% over the past year, while the median list price is $799,000. A median of 83 days on market points to a slower pace, and 10.3% of listings have had a price cut. For sellers, this means demand is steady but buyers have time and options, so realistic pricing matters more than in a fast market.

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