Home ValuePros

Market Intelligence · FL / Miami

Miami, FL 33138 Housing Market

The typical home value in Miami's 33138 ZIP is $806,988, up 3.7% over the past year. Homes list for a median of $855,000 and spend 90 days on the market before selling.

Updated August 2026Median value$807K

The median home value in Miami, FL 33138 is $807K as of August 2026, up 3.7% 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

$742K 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

+3.7% over 12 months

Typical home value in 33138 over the last 12 months: $778K in Jul 2025 to $807K in Jul 2026 (+3.7%).

Jul 2025$778K

Jul 2026$807K

The numbers

What is the 33138 housing market like?

Typical home value

$807K

Up3.7%YoY

Median list price

$855K

Down0.1%MoM

Days on market

90

Up7.1%MoM

Homes for sale

224

Down7.1%MoM

Price cuts

13.3%

Up33.2%MoM

New listings

32

Down15.8%MoM

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

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The comparison

How do 33138 home prices compare?

  • 33138$806,988
  • Miami$567,889
  • Florida$348,100
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,266 ZIPs).

Context

There are 224 homes for sale in this Miami area, with 32 new listings added recently. The median list price sits at $855,000, and homes typically stay on the market for 90 days. About 13.3% of listings have received a price cut, suggesting some seller adjustments in the current environment. Despite the steady appreciation over the past year, the pace of sales and price adjustments indicate this market is cooling.

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