Miami 33138

Miami-dade County, FL · 9,704 properties · updated 7/26/2026

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

70%

severe

Days on market

131

daily

Price cuts

17.7%

of active

Valuation

-18.6%

vs assessor

Look up an address

/100

Mixed

warming · balanced · prices rising year-over-year.

Price trend

Affordability

Valuation

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

Negotiate Hard

Needs 57.1% 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: 69.1% of median income. A 49% 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. Prices up 4.2% YoY.

Address lookup$99 report path

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<iframe src="https://lotvox.com/embed/zip/33138" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Miami 33138 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/miami/zip/33138?utm_source=embed&utm_medium=backlink">Miami 33138 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$806,988

▴ 4.2% YoY

Days on market

131

daily · zip_data

Median rent

$2,367

ZORI

Investor score

35/100

cash-flow lens

Active listings

242

90-day

Valuation3 lenses, different anchors

vs assessor

-18.6%

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

+84.3%

County-wide market — the widest, slowest signal.

Miami-Dade+84.3%

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%

Appreciation95%

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-7.3%

Listing Density19.1/1k

Affordability — payment burden

Monthly payment (P&I)$4,170

Payment burden70%

Median income · ZIP$71,518

Mortgage rate6.71% · 30yr

Total monthly own$4,977

Monthly rent$2,367

Market dynamics

Price cut %17.7%

Momentumwarming

LeverageBALANCED

Months of supply5.2

Sales (90d)0

Investment analysis

Median rent$2,367

Price-to-rent28.7

Est. cap rate2.3%

Buy vs rentfavors renting

Livability

Walk score8

Transit score12

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Miami-Dade.

Aggregate median +1.4% YoY in Miami-Dade, FL (county), but the under-$500k tier is -2.7% — the aggregate and the entry tier are diverging, but the sales mix barely moved — this is not a composition effect. Over the same year the under-$500k share of sales moved from 41.0% to 41.2% (+0.2pp) and the $1M+ share from 20.1% to 20.2% (+0.1pp).

Current tiers · 12 months to Aug 25floor 10 sales/tier

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	$215k	$255	28	6.8%	ZIP
$250k–$500k	$360k	$321	97	23.5%	ZIP
$500k–$750k	$570k	$424	39	9.5%	ZIP
$750k–$1M	$875k	$514	58	14.1%	ZIP
$1M–$1.5M	$1.20M	$619	79	19.2%	ZIP
$1.5M–$2M	$1.73M	$739	51	12.4%	ZIP
$2M+	$3.25M	$820	60	14.6%	ZIP
All sales (the headline median)	$924k	$497	412	100%	ZIP

ZIP-level history was too thin to draw the tiers; served at county level (Miami-Dade, FL), by quarter.

Share of sales by tier (quarterly)

If the upper tiers widen over time, the headline median rises on composition alone.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+

Median within each tier, against the headline median (quarterly)

The blue line is the single number NAR-style reporting quotes. The gold lines are what each tier actually did. Log scale — the tiers span an order of magnitude, and on a log axis equal slopes mean equal percentage moves, which is the comparison being made.

Under $250k
$250k–$500k
$500k–$750k
$750k–$1M
$1M–$1.5M
$1.5M–$2M
$2M+
All sales (headline)

National context — not local

NAR's aggregate existing-home median for the United States and the South census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 33138.

United States
South

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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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.

ZIP 33138→Miami-dade County, FL

12-Month Direction

-8Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

35· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden22

46.9%

severe

Source: Lotvox · Updated 2026-05-15

Buy vs Rent47

1.3x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation0

+84.3%

overvalued

Source: Lotvox comps · Updated 2026-05-15