33138 — Miami-Dade County, Florida Market Snapshot

Housing market data for zip code 33138 in Miami-Dade County, Florida. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

34 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$325,000

-63.5% YoYClosed sales

Days to Sell

117

Median, listing to close

Homes Sold

34

Closed in 2026

Inventory

97

Sale-to-List

95.2%

New Listings

55

Price/SqFt

$288

Pending Sales

35

Conforming Loan Available

Most homebuyers in 33138 can comfortably use conventional financing. The median home price of $325,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 117 days on average, 33138 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 33138 sells for 4.8% below asking price (95.2% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 33138 can comfortably use conventional financing. The median home price of $325,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 33138 are set at the county level.

2026 Loan Limits — Miami-Dade County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$667,000
2 Units$1,066,250$853,900
3 Units$1,288,800$1,032,150
4 Units$1,601,750$1,282,700

Affordability Snapshot — Zip 33138

To purchase the median home at $325,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,640.

Monthly Payment

$2,640

Income Required

$113,145

Principal & Interest

$2,003/mo

Down Payment (5%)

$16,250

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 33138.

%
%

Estimated Monthly Payment

$2,161

Principal & Interest$1,686
Property Tax$325
Insurance$150
Loan Amount$260,000
Total Interest$347,090
Income Required$92,630/yr

Connect with a LoanGraphs Loan Officer

Get expert guidance for zip code 33138. Tell us what you're looking for.

I'm interested in:

No obligation. Free consultation.