Is Miami, FL 33193 a buyer’s or seller’s market?

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

Miami is a balanced market. With about 5.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score22/ 100

More competitive than 16% of U.S. ZIP codes, and #355 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 supply5.7Under 4 months = seller’s market
Sold above original list11.5%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$332▲ +1.0% 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