Market Intelligence · FL / Miami

Miami, FL 33131 Housing Market

The typical home value in Miami's 33131 ZIP code is $580,449, down 2.8% over the past year. The median list price is $807,500, and homes are taking a median of 99 days on market.

Updated June 2026Median value$580K

The median home value in Miami, FL 33131 is $580K as of June 2026, down 2.8% 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 33131 range

$534K to $627K

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

-2.8% over 12 months

Typical home value in 33131 over the last 12 months: $597K in Jun 2025 to $580K in Jun 2026 (-2.8%).

Jun 2025$597K

Jun 2026$580K

The numbers

What is the 33131 housing market like?

Typical home value

$580K

Down2.8%YoY

Median list price

$808K

Days on market

99

Down21.4%MoM

Homes for sale

862

Price cuts

10.2%

New listings

110

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

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The comparison

How do 33131 home prices compare?

  • 33131$580,449
  • Miami$568,733
  • Florida$347,135
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Miami: 55 ZIPs; Florida: 923 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there are 862 homes for sale in 33131, with 110 new listings added. The median list price sits at $807,500, while the typical home value is $580,449, down 2.8% over the past year. Homes are spending a median of 99 days on market, and 10.2% of listings have had a price cut. For sellers, this points to a slower market where pricing carefully and planning for a longer timeline matters.

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