33156 — Miami-Dade County, Florida Market Snapshot

Housing market data for zip code 33156 in Miami-Dade County, Florida. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

77 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$2,300,000

624.4% YoYClosed sales

Days to Sell

73

Median, listing to close

Homes Sold

77

Closed in 2026

Inventory

179

Sale-to-List

93.7%

New Listings

113

Price/SqFt

$729

Pending Sales

85

Jumbo Loan Likely Needed

The median home in 33156 at $2,300,000 exceeds the 2026 conforming loan limit of $832,750 by $1,467,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Market Insights

Market Temperature

With homes sitting for 73 days on average, 33156 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 33156 sells for 6.3% below asking price (93.7% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

The median home in 33156 at $2,300,000 exceeds the 2026 conforming loan limit of $832,750 by $1,467,250. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.

Loan limits in 33156 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 33156

To purchase the median home at $2,300,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $17,772.

Monthly Payment

$17,772

Income Required

$761,652

Principal & Interest

$14,172/mo

Down Payment (5%)

$115,000

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 33156.

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Estimated Monthly Payment

$14,384

Principal & Interest$11,934
Property Tax$2,300
Insurance$150
Loan Amount$1,840,000
Total Interest$2,456,312
Income Required$616,466/yr

Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 33156.

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