Is Miami, FL 33129 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Miami is a buyer’s market. With about 11.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score5/ 100

More competitive than 1% of U.S. ZIP codes, and #743 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply11.8Under 4 months = seller’s market
Sold above original list6%Share of sales, last 3 months
Median sale-to-list94.1%Sold price ÷ list price
Median days on market124Listing to accepted offer
Median price per sq ft$632▲ +20.9% vs. last year

Nearby markets

Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology