Market Intelligence · FL / Miami

Miami, FL 33161 Housing Market

The typical home value in Miami 33161 is $498,596, up 1.7% over the past year. Homes listed here have a median asking price of $550,000 and spend a median of 88 days on the market.

Updated August 2026Median value$499K

The median home value in Miami, FL 33161 is $499K as of August 2026, up 1.7% 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 33161 range

$459K to $538K

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

+1.7% over 12 months

Typical home value in 33161 over the last 12 months: $490K in Jul 2025 to $499K in Jul 2026 (+1.7%).

Jul 2025$490K

Jul 2026$499K

The numbers

What is the 33161 housing market like?

Typical home value

$499K

Up1.7%YoY

Median list price

$550K

Up12.1%MoM

Days on market

88

Down3.3%MoM

Homes for sale

209

Up4.0%MoM

Price cuts

12.2%

Down12.5%MoM

New listings

48

Down4.0%MoM

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

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The comparison

How do 33161 home prices compare?

  • 33161$498,596
  • 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

Miami 33161 has 209 homes for sale as of August 2026, with 48 new listings arriving recently. The median list price stands at $550,000, while the typical home value is $498,596. Homes are taking a median of 88 days to sell. About 12.2% of listings have received a price cut. For sellers, the combination of moderate appreciation and extended time on market suggests pricing strategy matters significantly.

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20% · $99,719

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