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Sarah Mitchell
Compass Real Estate · ZIP 33109
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33109 ZIP Code Housing Market
$9.27Mmedian sale price
What is the 33109 housing market like right now?
The median home sale price in ZIP code 33109 is $9.27M, up 18.8% year-over-year. Homes sell in an average of 210 days with 28 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 33109 ZIP code a buyer's or seller's market?
ZIP code 33109 is currently a buyer's market and homes selling in about 210 days. How we determine this →
What are the latest 33109 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $9.27M |
| Median list price | $12.43M |
| Year-over-year price change | +18.8% |
| Average days on market | 210 days |
| Active inventory | 28 listings |
| Sale-to-list price ratio | 90.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
The 33109 zip code, located in Fisher Island, FL, is currently classified as a buyer's market. The median sale price stands at $9.27M, representing a +18.8% change year over year. Homes in this area spend an average of 210 days on the market before going under contract. There are currently 28 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 33109 sits in the Fisher Island, FL area, roughly 0.7 miles from downtown Fisher Island. Because home prices are set street by street, this ZIP can move differently from Fisher Island's citywide averages. The figures below reflect 33109 specifically — drawn from Redfin transactions, U.S. Census data for its 1,083 residents, and Zillow value estimates.
Homes sold
10
Last 12 weeks
Days on market
210
Average pace
Active listings
28
Sale-to-list
90.3%
Below asking
What is driving the 33109 housing market?
The 33109 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 90.3% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 33109 have increased +18.8% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 33109 stands at $6.88M, which represents Zillow's estimate of the typical home value in the area. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 33109?
Population
1,083
Median income
$250,001/yr
Median age
54.6 years
Owner-occupied
95.1%
College grads
67.5%
What is it like living in 33109?
Zip code 33109 is home to approximately 1,083 residents. The median household income is $250,001 per year, which shapes the types of homes and amenities available in the area. With a median age of 54.6 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 95.1% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 67.5% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 33109.
Frequently asked questions about 33109
What is the median home price in 33109?
The current median sale price in 33109 is $9.27M, based on recent Redfin transaction data. Prices have changed +18.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 33109 a buyer's or seller's market?
The 33109 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 33109?
Zip code 33109 has a population of approximately 1,083 residents. The median household income is $250,001 per year. About 95.1% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 33109?
Properties Incorporated provides comprehensive data for 33109 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 33109 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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