How much is a home in 33138 worth?

The typical home value in Miami, FL 33138 is $807,740, up 5.7% over the past year.

Are homes selling quickly in 33138?

Homes are spending a median of 90 days on market. That suggests buyers have time to compare options.

Are sellers cutting prices in 33138?

The share of listings with a price cut is 13.3%. That sits alongside a typical value of $807,740, up 5.7% over the past year.

Market Intelligence · FL / Miami

Miami, FL 33138 Housing Market

In Miami, FL 33138, the typical home value is $807,740, up 5.7% over the past year. The median list price is $855,000, and homes are spending a median of 90 days on market.

Updated August 2026Median value$808K

The median home value in Miami, FL 33138 is $808K as of August 2026, up 5.7% 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

$743K to $872K

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

+5.7% over 12 months

Aug 2025$764K

Low $762KHigh $808K

Aug 2026$808K

The numbers

What is the 33138 housing market like?

As of August 2026

Typical home value

$808K

5.7%YoY

Median list price

$855K

0.1%MoM

Days on market

7.1%MoM

Homes for sale

224

7.1%MoM

Price cuts

13.3%

33.2%MoM

New listings

15.8%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 33138 home prices compare?

33138$807,740
Miami$565,977
Florida$345,153
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 224 homes for sale in Miami, FL 33138, with 32 new listings added. The median list price is $855,000, while the typical home value is $807,740, up 5.7% over the past year. A median of 90 days on market points to a slower pace than a fast-moving seller market. The 13.3% share of listings with a price cut shows some sellers are adjusting. For a seller, pricing needs to match recent buyer behavior, not just last year's momentum.

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