33141
Miami, Florida
Miami 33141 needs watching.
The 33141 ZIP code in Miami, Florida has a median sale price of $475K, down -32.1% year-over-year. Homes spend an average of 152 days on market, with 5% of homes selling above list price.
Folio's PropIQ™ score of 41 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33141.
Miami's 33141 ZIP code has recorded a median sale price of $475,000 as of February 2026, accompanied by a severe 32.1% year-over-year decline. Inventory is moving slowly at 151.5 days on market, nearly triple the pace of a balanced market. Only 5% of homes are commanding above-list offers, indicating minimal buyer competition and significant pricing pressure across the area.
This environment strongly favors patient buyers with financing secured and negotiating leverage. Cash purchasers can exploit the 151.5-day average DOM to submit below-ask offers with credible success rates given the 5% above-list statistic. Sellers face unfavorable conditions and should delay listing unless financially compelled, as the 32.1% price erosion suggests continued downward pressure that hasn't yet stabilized.
The PropIQ score of 41/100 signals cautionary conditions likely to persist through mid-2026 based on current momentum. The combination of triple-digit days on market and severe annual depreciation suggests this correction hasn't reached equilibrium. Buyers should monitor monthly DOM trends and the percentage of price reductions to identify true capitulation points before deploying capital, as premature entry risks further value deterioration.
What is the median home price in 33141 Miami?
The median sale price in 33141 is $475K, down -32.1% year-over-year as of 2026-02-28.
How long do homes stay on the market in Miami 33141?
Homes in 33141 Miami spend an average of 152 days on market before going under contract.
Is Miami 33141 a good place to invest in real estate?
Folio's PropIQ™ score for 33141 is 41/100 — a Caution signal. 5% of homes sold above asking.
What does a PropIQ™ score of 41 mean for 33141?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 41 = Caution in 33141 Miami, Florida.