33116 housing market
ZIP code · Miami · Miami-DadeThe median sale price in ZIP code 33116 was $230K in Apr 2026, down 29.8% year over year, measured across homes that actually closed that month (Redfin). The twelve months through Apr 2026 averaged $248K, easing from $267K across the twelve months before that. That puts prices 8.8% below the strongest twelve-month stretch on record here, which ended in Aug 2025 at $272K.
Buyers had 5 homes to choose from in Apr 2026 (Redfin). 3 homes came to market in Apr 2026, against 1 closings. Homes that sold in Apr 2026 took a median of 107 days to go under contract, 45 days slower than this market's usual Apr pace.
ZIP code 33116 is a small market: 24 homes sold in the twelve months through Apr 2026. A single closing moves the monthly median here, so the averages above run over twelve months rather than three, and months-of-supply and bidding-competition readings are left to the charts below rather than summarized as a market verdict.
This page tracks 7 monthly housing series for ZIP code 33116 — median sale price, inventory (active), median days on market, homes sold, new listings, avg sale-to-list, and more — sourced from Redfin, running from Aug 2016 through Apr 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.
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Sources for 33116: Redfin. Listing metrics and closed-sale metrics are never blended; every figure above names its source and vintage.