Miami 33138

Miami-dade County, FL · 9,704 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

0affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
67.5%
severe
Days on market
131
daily
Price cuts
19.4%
of active
Valuation
-17.5%
vs assessor
Look up an address
39
/100
Weak
warming · balanced · prices rising year-over-year.
Price trend
62
Affordability
10
Valuation
50

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

66/ 100SellerBalancedBuyer
Negotiate Hard
Needs 55.6% correction for affordability
DOM: 120d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)40
Buy vs Rent (15%)100
Cancellation Rate (10%)100
Days on Market (5%)100

Moderate buyer leverage in 33138. Room to negotiate 5-10% below list. Payment burden: 67.5% of median income. A 48% price correction needed to reach 30% affordability threshold. Median days on market: 120. Renting is approximately 139% cheaper than buying (price-to-rent ratio: 28.7).

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
WARMINGBALANCED

Market is warming with rising prices. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$795,879
▴ 1.7% YoY
Days on market
131
daily · zip_data
Median rent
$2,308
ZORI
Investor score
35/100
cash-flow lens
Active listings
242
90-day

Valuation3 lenses, different anchors

vs assessor
-17.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$656,678
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+84.7%
County-wide market — the widest, slowest signal.
Miami-Dade+84.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$377
Price-to-income11.1×

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How 33138 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity8%
Supply tightness73%
Affordability0%
Investment yield6%
Appreciation88%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply5.2 mo
Days on Market131d
Inv vs History-7.0%
Listing Density19.1/1k
Affordability — payment burden
Monthly payment (P&I)$4,020
Payment burden67.5%
Median income · ZIP$71,518
Mortgage rate6.49% · 30yr
Total monthly own$4,816
Monthly rent$2,308
Market dynamics
Price cut %19.4%
Momentumwarming
LeverageBALANCED
Months of supply5.2
Sales (90d)0
Investment analysis
Median rent$2,308
Price-to-rent28.7
Est. cap rate2.3%
Buy vs rentfavors renting

Livability

Walk score8
Transit score12
Bike score

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Miami-dade County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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