Market Intelligence · FL / Miami

Miami, FL 33147 Housing Market

The typical home in Miami 33147 is valued at $444,385, up 2.6% over the past year. Homes are listed at a median of $492,250 and spend an average of 71 days on the market.

Updated September 2026Median value$444K

The median home value in Miami, FL 33147 is $444K as of September 2026, up 2.6% 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 33147 range

$409K to $480K

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

+2.6% over 12 months

Sep 2025$433K

Low $432KHigh $444K

Sep 2026$444K

The numbers

What is the 33147 housing market like?

As of September 2026

Typical home value

$444K

2.6%YoY

Median list price

$492K

0.4%MoM

Days on market

7.6%MoM

Homes for sale

2.3%MoM

Price cuts

5.9%

49.5%MoM

New listings

16.7%MoM

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

The outlook

33147 housing market forecast 2027

+0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33147 to rise 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 33147 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 33147?

Zillow's forecast does not call for a drop: it expects typical home values in 33147 to rise 0.8% by September 2027, after a 2.6% 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 33147 home prices compare?

33147$444,385
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

Miami 33147 has 88 homes for sale as of September 2026, with 28 new listings entering the market. The median list price of $492,250 sits above the typical home value, and properties are taking 71 days to move. Only 5.9% of listings have received a price cut, suggesting most sellers remain confident in their asking prices despite the gradual pace of sales. For homeowners considering a sale, the modest appreciation trend and steady but unhurried buyer activity point to a market where pricing strategy and timing matter.

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Down payment20% · $88,877

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Common questions

What people ask us.

What is a typical home worth in Miami 33147?

The typical home value is $444,385 as of September 2026, representing a 2.6% gain over the past year.

How long does a home usually stay on the market here?

The median days on market is 71, which is a moderate timeline for this area.

What percentage of homes have had their price reduced?

As of September 2026, 5.9% of listings show a price cut.

Discover

Nearby ZIP markets.

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