Market Intelligence · FL / Miami

Miami, FL 33127 Housing Market

The typical home value in Miami 33127 is $528,160, up 0.3% over the past year. The median list price stands at $888,500, with homes spending a median of 78 days on market.

Updated August 2026Median value$528K

The median home value in Miami, FL 33127 is $528K as of August 2026, up 0.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 33127 range

$486K to $570K

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

+0.3% over 12 months

Typical home value in 33127 over the last 12 months: $526K in Jul 2025 to $528K in Jul 2026 (+0.3%).

Jul 2025$526K

Jul 2026$528K

The numbers

What is the 33127 housing market like?

Typical home value

$528K

Up0.3%YoY

Median list price

$889K

Down4.5%MoM

Days on market

78

Up18.2%MoM

Homes for sale

134

Down1.5%MoM

Price cuts

12.4%

Up11.0%MoM

New listings

24

Flat0.0%MoM

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

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The comparison

How do 33127 home prices compare?

  • 33127$528,160
  • Miami$567,889
  • Florida$348,100
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,266 ZIPs).

Context

There are currently 134 homes for sale in 33127, with 24 new listings added as of the most recent data. The median list price is $888,500, and properties are taking 78 days to sell on average. A notable 12.4% of active listings have had their prices reduced. This combination of slower sales velocity and price cuts suggests that sellers in this ZIP code should be realistic about pricing and condition to stay competitive.

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