Is Miami, FL 33166 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Miami is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.7Under 4 months = seller’s market

Sold above original list4.2%Share of sales, last 3 months

Median sale-to-list96%Sold price ÷ list price

Median days on market76Listing to accepted offer

Median price per sq ft$453▲ +2.9% vs. last year

Run the numbers for 33166

Prefilled for 33166Can I win this house?Multiple-offer likelihood for a listing Prefilled for 33166Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

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

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