33136
Miami, Florida

ZIP code 33136 shows severe price deterioration with a median sale price of $350,000, down 68.5% year-over-year as of February 2026. Properties are averaging 115 days on market, indicating weak buyer demand and sluggish transaction velocity. The complete absence of homes selling above list price confirms a market firmly controlled by buyers, with sellers unable to command any pricing premium in negotiations.

This environment favors patient buyers with strong cash positions or pre-approved financing who can negotiate aggressively below asking prices. Distressed property investors may find opportunities given the dramatic price compression, though the 115-day average DOM suggests limited liquidity for quick flips. Current homeowners should defer listing unless financially necessary, as the zero above-list metric and negative 68.5% annual trend indicate continued downward price pressure.

The PropIQ score of 41 signals elevated caution, suggesting structural challenges beyond normal cyclical correction given the magnitude of the 68.5% decline. Key monitoring metrics include absorption rates and whether DOM begins contracting from current 115-day levels, which would indicate stabilization. Until days on market compress below 90 and some properties achieve list price, expect continued buyer dominance and potential for further median price erosion.