Is Miami, FL 33177 a buyer’s or seller’s market?
Miami is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Competition score20/ 100
More competitive than 13% of U.S. ZIP codes, and #401 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 supply5.5Under 4 months = seller’s market
Sold above original list9.6%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$383▲ +3.1% vs. last year
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Nearby markets
Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology