Market Intelligence · FL / Miami

Miami, FL 33122 Housing Market

Homes in Miami 33122 have a typical value of $1,518,189, which has declined 2.0% over the past year. The median list price sits at $1,840,000, with homes spending a median of 23 days on market as of September 2026.

Updated September 2026Median value$1518K

The median home value in Miami, FL 33122 is $1.52M as of September 2026, down 2.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 33122 range

$1.4M to $1.64M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.0% over 12 months

Typical home value in 33122 over the last 12 months: $1.55M in Sep 2025 to $1.52M in Sep 2026 (-2.0%).

Sep 2025$1.55M

Sep 2026$1.52M

The numbers

What is the 33122 housing market like?

Typical home value

$1.52M

Down2.0%YoY

Median list price

$1.84M

Down2.6%MoM

Days on market

23

Down58.9%MoM

Homes for sale

4

Up100.0%MoM

Price cuts

40.0%

New listings

0

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

33122 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33122 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 33122 fell 2.0%, per the Zillow Home Value Index.

Will home prices drop in 33122?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 33122 to stay roughly flat by September 2027 (up 0.1%), after a 2.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 33122 home prices compare?

  • 33122$1,518,189
  • Miami$566,601
  • Florida$344,436
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,262 ZIPs).

Context

The ZIP code had 4 homes for sale as of September 2026, a limited inventory. The median list price of $1,840,000 remains notably higher than the typical home value of $1,518,189. More than a third of listings have already seen price cuts, suggesting sellers are adjusting expectations in response to softening demand. With homes staying on market for a median of 23 days, pace is moderate. For sellers in this area, the declining year-over-year value and prevalence of price reductions signal a market where pricing strategy matters significantly.

Monthly payment

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20% · $303,638

Common questions

What people ask us.

What is the typical home value in 33122?

The typical home value in Miami 33122 is $1,518,189 as of September 2026, representing a 2.0% decline over the past year.

How many homes are currently listed in 33122?

There are 4 homes for sale in the ZIP code as of September 2026.

How long do homes typically stay on the market here?

Homes in 33122 spend a median of 23 days on market before selling or being delisted.

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