Market Intelligence · FL / Miami

Miami, FL 33132 Housing Market

Homes in Miami 33132 have a typical value of $514,716, down 2.4% over the past year. The median list price sits at $635,000, with homes spending 99 days on the market on average.

Updated August 2026Median value$515K

The median home value in Miami, FL 33132 is $515K as of August 2026, down 2.4% 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 33132 range

$474K to $556K

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

-2.4% over 12 months

Typical home value in 33132 over the last 12 months: $528K in Jul 2025 to $515K in Jul 2026 (-2.4%).

Jul 2025$528K

Jul 2026$515K

The numbers

What is the 33132 housing market like?

Typical home value

$515K

Down2.4%YoY

Median list price

$635K

Down1.9%MoM

Days on market

99

Down2.9%MoM

Homes for sale

769

Up2.1%MoM

Price cuts

11.8%

Up4.8%MoM

New listings

132

Up53.5%MoM

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

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The comparison

How do 33132 home prices compare?

  • 33132$514,716
  • 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

The 33132 ZIP has 769 homes for sale as of August 2026, with 132 new listings entering the market recently. The median list price of $635,000 reflects asking prices in the area, though homes are taking 99 days to sell. With 11.8% of listings carrying a price cut, sellers are adjusting to softer demand. The typical home value of $514,716 is down 2.4% from a year ago. If you are thinking about selling, understand that this is a buyer-favorable market where patience and realistic pricing matter.

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