Home ValuePros

Market Intelligence · FL / Miami

Miami, FL 33128 Housing Market

The typical home in Miami 33128 is worth $433,117, down 3.2% over the past year. The median list price stands at $490,000, with homes staying on the market for a median of 119 days.

Updated August 2026Median value$433K

The median home value in Miami, FL 33128 is $433K as of August 2026, down 3.2% 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 33128 range

$398K to $468K

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

-3.2% over 12 months

Typical home value in 33128 over the last 12 months: $447K in Jul 2025 to $433K in Jul 2026 (-3.2%).

Jul 2025$447K

Jul 2026$433K

The numbers

What is the 33128 housing market like?

Typical home value

$433K

Down3.2%YoY

Median list price

$490K

Up1.0%MoM

Days on market

119

Up1.7%MoM

Homes for sale

60

Up11.1%MoM

Price cuts

4.8%

Down76.2%MoM

New listings

16

Up60.0%MoM

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

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The comparison

How do 33128 home prices compare?

  • 33128$433,117
  • 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 60 homes for sale in this ZIP as of August 2026, with 16 new listings added recently. The median days on market of 119 reflects a deliberate pace rather than quick turnover. Only 4.8% of listings have seen a price cut, suggesting most sellers are holding firm on their asking prices despite the year-over-year value decline. The gap between typical home value and median list price points to a market still finding equilibrium. Sellers should be realistic about pricing and prepared for a longer selling timeline.

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