Market Intelligence · FL / Miami

Miami, FL 33129 Housing Market

The typical home in Miami, FL 33129 is worth $693,666, down 0.5% over the past year. Sellers are listing at a median list price of $1,299,500, and homes are spending a median of 78 days on market.

Updated August 2026Median value$694K

The median home value in Miami, FL 33129 is $694K as of August 2026, down 0.5% 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 33129 range

$638K to $749K

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

-0.5% over 12 months

Typical home value in 33129 over the last 12 months: $697K in Aug 2025 to $694K in Aug 2026 (-0.5%).

Aug 2025$697K

Aug 2026$694K

The numbers

What is the 33129 housing market like?

Typical home value

$694K

Down0.5%YoY

Median list price

$1.3M

Down5.0%MoM

Days on market

78

Down7.1%MoM

Homes for sale

197

Up1.5%MoM

Price cuts

12.7%

Up49.9%MoM

New listings

40

Down4.8%MoM

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

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The comparison

How do 33129 home prices compare?

  • 33129$693,666
  • Miami$565,977
  • Florida$345,153
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,265 ZIPs).

Context

There are 197 homes for sale in Miami, FL 33129, with 40 new listings added. The median list price sits at $1,299,500, well above the typical home value of $693,666, and homes take a median of 78 days to move. About 12.7% of listings have had a price cut. Meanwhile, the typical home value is down 0.5% over the past year. For a seller, the data points to a slow, softening market where pricing accurately from the start matters more than testing a high number.

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20% · $138,733

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