33168
Miami, Florida
Miami 33168 needs watching.
The 33168 ZIP code in Miami, Florida has a median sale price of $515K, down -2.8% year-over-year. Homes spend an average of 95 days on market, with 14% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33168.
ZIP code 33168 shows softening conditions with a median sale price of $515,000, down 2.8% year-over-year as of February 2026. Homes are averaging 95 days on market, indicating reduced urgency among buyers compared to previous market cycles. Only 14% of properties are selling above list price, suggesting limited bidding competition and increased negotiating leverage for purchasers in this northwest Miami-Dade market.
These conditions favor cash-position buyers and patient investors who can absorb the 95-day marketing timeline without pressure. The 2.8% price decline creates entry points for long-term holders willing to wait through inventory absorption. Sellers face headwinds with 86% of transactions closing at or below list price, meaning only motivated sellers with realistic pricing or flexible timelines should enter this market now.
The PropIQ score of 55 signals caution, reflecting the negative price momentum and extended days-on-market metrics that indicate continued downward pressure. Buyers should monitor whether the 2.8% decline accelerates or stabilizes over the next quarter, as sustained depreciation could push the score lower. The 95-day absorption rate suggests inventory is outpacing demand, warranting close observation of new listing volume before committing capital.
What is the median home price in 33168 Miami?
The median sale price in 33168 is $515K, down -2.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Miami 33168?
Homes in 33168 Miami spend an average of 95 days on market before going under contract.
Is Miami 33168 a good place to invest in real estate?
Folio's PropIQ™ score for 33168 is 55/100 — a Caution signal. 14% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 33168?
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 55 = Caution in 33168 Miami, Florida.