33189
Miami, Florida
Miami 33189 is stable.
The 33189 ZIP code in Miami, Florida has a median sale price of $595K, up +8.2% year-over-year. Homes spend an average of 100 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 65 signals Caution conditions. This market is holding steady. Monitor inventory shifts before committing.
ZIP code 33189 in Miami's Kendall area shows a median sale price of $595,000 as of February 2026, marking an 8.2% year-over-year increase that outpaces national appreciation rates. Properties average 100 days on market, indicating measured absorption rather than rapid turnover. Only 10% of homes sell above list price, signaling limited bidding competition and modest buyer urgency compared to Miami's tighter submarkets where premium purchases exceed 25%.
This environment favors patient buyers with financing secured and flexible timelines who can leverage the 100-day marketing window for negotiation leverage. The 10% above-list-price metric suggests most sellers accept at-ask or below-ask offers, creating room for price discovery. Cash investors seeking immediate deals will find limited distress, while traditional homebuyers gain time for due diligence without pressure from competing offers that characterized 2021-2022 conditions.
The PropIQ score of 65/100 reflects caution signals despite positive price momentum, suggesting underlying friction in demand fundamentals or oversupply dynamics. The gap between 8.2% appreciation and the cautionary rating indicates potential deceleration ahead as inventory potentially builds or interest rate sensitivity impacts qualified buyer pools. Monitoring monthly absorption rates and any increase in price reduction frequency will determine whether current appreciation sustains through Q2 2026 or moderates toward 3-5% annual growth.
What is the median home price in 33189 Miami?
The median sale price in 33189 is $595K, up +8.2% year-over-year as of 2026-02-28.
How long do homes stay on the market in Miami 33189?
Homes in 33189 Miami spend an average of 100 days on market before going under contract.
Is Miami 33189 a good place to invest in real estate?
Folio's PropIQ™ score for 33189 is 65/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 65 mean for 33189?
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 65 = Caution in 33189 Miami, Florida.