Market Intelligence · FL / Miami

Miami, FL 33157 Housing Market

The typical home in Miami's 33157 ZIP code is worth $628,906, up 0.7% over the past year as of 2026-08-01. The median list price is $725,000, and homes spend a median of 68 days on the market before selling.

Updated August 2026Median value$629K

The median home value in Miami, FL 33157 is $629K as of August 2026, up 0.7% 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 33157 range

$579K to $679K

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

+0.7% over 12 months

Typical home value in 33157 over the last 12 months: $625K in Aug 2025 to $629K in Aug 2026 (+0.7%).

Aug 2025$625K

Aug 2026$629K

The numbers

What is the 33157 housing market like?

Typical home value

$629K

Up0.7%YoY

Median list price

$725K

Down3.2%MoM

Days on market

68

Down2.9%MoM

Homes for sale

227

Down7.3%MoM

Price cuts

14.8%

Down25.9%MoM

New listings

72

Down5.3%MoM

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

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The comparison

How do 33157 home prices compare?

  • 33157$628,906
  • 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

As of 2026-08-01, there were 227 homes for sale in the 33157 area of Miami, with 72 new listings hitting the market. The typical home value of $628,906 sits well below the median list price of $725,000, which suggests sellers are aiming high relative to what homes are actually valued at. Homes are taking a median of 68 days to sell, and 14.8% of listings have had a price cut. Values have risen 0.7% over the past year, which is modest growth. If you are thinking about selling, pricing realistically from day one matters more than chasing the top of the market.

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