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How have Miami single-family home and condo median prices changed year-over-year in 2026 compared to October 2025, and which ZIP codes saw the biggest increases this year

By Karoline Otavalo

October 10, 2026 · 5 min read

How have Miami single-family home and condo median prices changed year-over-year in 2026 compared to October 2025, and which ZIP codes saw the biggest increases this year? This post explains how to check official median figures for Miami single-family homes and condos, which local ZIP codes to watch, and exactly which public sources and comparable sales to pull to verify year-over-year changes.

How have Miami single-family home and condo median prices changed year-over-year in 2026 compared to October 2025, and which ZIP codes saw the biggest increases this year

1. Quick answer and how to verify the numbers

Short answer. To know how Miami single-family home and condo median prices changed year-over-year in 2026 compared to October 2025 you must check published median figures from an authoritative source and run your own ZIP-level comparables. This article shows the exact sources to use and the ZIP codes that commonly show the largest changes, plus steps to replicate the math yourself.

Where to find official median-price figures

Primary public sources. Use Miami-Dade County Property Appraiser reports for sales and assessed values, the Florida Realtors local market reports, and the Miami Association of Realtors monthly statistics to obtain median sale prices for single-family homes and condos. For context on luxury pricing and broader buyer demand, reputable local reporting is useful; for example, reporting on Miami luxury real estate compares local prices to national averages.

2. How to pull year-over-year medians for Miami single-family homes and condos

Direct answer. Pull median sale prices for single-family homes and condos for October 2025 and for the corresponding month in 2026 from the same source, then compute the year-over-year change. Use the same geography and property-type filters for both months to ensure apples-to-apples comparison.

Step-by-step: building a verifiable comparables set

Step 1. Download or request closed sales for Miami-Dade County for October 2025 and October 2026. Include sale date, property type code, ZIP code, sale price, square footage, and lot size.

Step 2. Filter to property types: one set for single-family detached, and a second set for condominium units. Remove foreclosure bulk sales or outliers if you will report medians that reflect typical market transactions.

Step 3. Compute the median sale price for each property type and each month. Median means the middle value after sorting prices low to high. Report the raw median figures and the year-over-year difference in dollars and percent to be transparent.

  • Data source: Miami-Dade County Property Appraiser or MLS export
  • Filters: month of sale, property type, ZIP code
  • Metric: median sale price, plus number of sales

3. ZIP codes in Miami that showed notable increases in 2026

Direct answer. To identify which ZIP codes had the biggest year-over-year median increases for 2026 versus October 2025, run the same median calculation at the ZIP level and sort by the largest absolute or percentage change. Below are ZIP codes Miami buyers and sellers commonly check first, with notes on what affects medians in those areas.

ZIPs to query immediately

Start here. Check 33133, 33139, 33140, 33134, 33137, 33146, and 33143 for ZIP-level shifts. These ZIPs include inventory ranging from single-family lots in Coconut Grove and Coral Gables edges to dense condo product along Miami Beach corridors and urban mid-rise neighborhoods. Differences in median can reflect a few high-end closings or an influx of new condo deliveries.

How to read ZIP-level medians. A ZIP with a small number of sales can show large percentage swings after a handful of high-priced closings. Always check the number of closed transactions for the month and the mix of single-family versus condo sales before drawing conclusions.

  • 33133: Larger lots and single-family homes in Coconut Grove and the University Park area
  • 33139: Miami Beach condos and single-family properties, strong influence from seasonal closings
  • 33140: Mid-beach and North Beach condo inventory with frequent new deliveries
  • 33134 and 33143: Southwest Coral Gables and West Coconut Grove pockets dominated by single-family homes

4. Local factors that change ZIP-level medians

Direct answer. Inventory mix, new construction deliveries, and high-end closings are the main drivers of ZIP-level median swings in Miami. Other influences include sales volume, seasonal international demand, and the presence of bulk or institutional sales.

Inventory and product mix

Inventory matters. A ZIP that shifts from mostly condo resales to a month with several luxury single-family closings will show a higher median. Conversely a month with many small, lower-priced condos will pull a median down.

New construction and luxury closings

New deliveries. When new condo towers close units in a single month that are above the neighborhood median, ZIP-level medians can jump. Miami luxury real estate reporting highlights that local luxury pricing sits well above national averages, which can skew county-level medians when luxury closings concentrate into short time frames.

5. Actionable steps for buyers and sellers in Miami

Direct answer. Buyers and sellers should verify ZIP-level medians, transaction counts, and the mix of product types before making decisions. The following steps show what to request and what to calculate.

For sellers: what to verify before you price

Seller checklist. Request the ZIP-level median for your property type for the closing month, the number of sales in that ZIP for the month, and a list of the top five comparables used to calculate the median. Ask for each comparable's sale price, square footage, and sale date so you can see how representative the median is.

For buyers: how to check ZIPs you are considering

Buyer checklist. Compare medians alongside sales volume, days on market from the same MLS period, and whether recent sales were new construction. Walk the blocks to confirm the product mix, and request recent condo association documents if considering a condo in ZIPs with condo-heavy inventory.

  • Ask for raw sales lists for October 2025 and October 2026
  • Compare the number of sales per ZIP to detect small-sample volatility
  • Verify whether sales are condo resales or new-construction closings

Local expert note. If you would like those raw lists pulled for your target ZIPs I can run the export and show the math. I am Karoline Otavalo, a Miami real estate agent, and I regularly prepare ZIP-level medians for buyers and sellers across Miami neighborhoods.

6. How to interpret what you find and next steps

Direct answer. Interpret ZIP-level median changes alongside sales counts, inventory mix, and any single large closing that could skew the median. Use those insights to set price ranges for listings or to craft competitive offers.

Contextual checks before you act

Check transaction counts. A single high-priced sale can lift a ZIP median; confirm sales volume and look at median price over several months to see if a change is persistent.

Compare neighborhoods. For a more complete picture link your ZIP-level findings to nearby ZIPs and to broader Miami-Dade County medians. You can read a neighborhood guide and buying steps in a related post on this site.

Further reading. If you want county-level narrative about how different buyer priorities and international demand affect Miami, see local reporting that frames those themes.

FAQ

How do I get the exact median numbers for October 2025 and October 2026?

Request closed sales exports from the Miami Association of Realtors or pull records from the Miami-Dade County Property Appraiser for the specific months. Filter by property type and ZIP code, then compute medians on the sale price column. Ask your agent to provide the raw export so you can verify the calculations.

Why do medians differ between single-family homes and condos in the same ZIP?

Single-family homes and condos are different product types with different price distributions, lot sizes, and buyer pools. A ZIP with both product types will have distinct medians for each. Check the number of sales for each type in the month you are comparing to see which product mix is driving the ZIP median.

Which ZIP should I watch if I am relocating to Miami and care about commute and parks?

Look up ZIPs along your commute corridor and then pull medians and sales counts for those ZIPs. For example, ZIPs near I-95 and US-1 have different housing stock and lot sizes than coastal ZIPs. Use local park and amenity maps, then request ZIP-level sales lists from an agent so you can compare commute distances, median prices, and nearby parks directly.

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