Market Intelligence · FL / Miami

Miami, FL 33127 Housing Market

Homes in Miami 33127 are worth $535,211 on a typical basis, up 3.3% over the past year. The median list price stands at $855,450, and homes are taking 86 days on market.

Updated September 2026Median value$535K

The median home value in Miami, FL 33127 is $535K as of September 2026, up 3.3% 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 33127 range

$492K to $578K

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

+3.3% over 12 months

Sep 2025$518K

Low $517KHigh $535K

Sep 2026$535K

The numbers

What is the 33127 housing market like?

As of September 2026

Typical home value

$535K

3.3%YoY

Median list price

$855K

3.7%MoM

Days on market

10.3%MoM

Homes for sale

155

15.7%MoM

Price cuts

11.2%

10.1%MoM

New listings

8.3%MoM

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

The outlook

33127 housing market forecast 2027

+1.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33127 to rise 1.0% by September 2027.

Over the 12 months through September 2026, typical home values in 33127 rose 3.3%, per the Zillow Home Value Index.

Will home prices drop in 33127?

Zillow's forecast does not call for a drop: it expects typical home values in 33127 to rise 1.0% by September 2027, after a 3.3% rise 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 33127 home prices compare?

33127$535,211
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 area has 155 homes for sale as of September 2026, with 26 new listings added recently. Median days on market is running at 86 days, suggesting a measured pace of sales activity. About 11.2% of listings have seen a price cut, which signals some sellers adjusting expectations. Underlying values are still rising year over year, even as the market absorbs inventory more slowly than it once did. For sellers, this environment means setting realistic pricing from the start rather than counting on quick absorption.

Monthly payment

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Home price

Down payment20% · $107,042

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Common questions

What people ask us.

What is the typical home value in Miami 33127?

The typical home value is $535,211 as of September 2026, up 3.3% over the past year.

How long are homes taking to sell in 33127?

The median days on market is 86 as of September 2026.

What percentage of homes have had a price cut?

About 11.2% of listings have seen a price cut as of September 2026.

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