Market Intelligence · FL / Miami

Miami, FL 33166 Housing Market

The typical home value in Miami 33166 is $607,780, up 0.7% over the past year. The median list price stands at $570,750, with homes spending 66 days on the market as of September 2026.

Updated September 2026Median value$608K

The median home value in Miami, FL 33166 is $608K as of September 2026, up 0.7% 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 33166 range

$559K to $656K

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

Sep 2025$603K

Low $603KHigh $608K

Sep 2026$608K

The numbers

What is the 33166 housing market like?

As of September 2026

Typical home value

$608K

0.7%YoY

Median list price

$571K

0.3%MoM

Days on market

10.8%MoM

Homes for sale

152

5.6%MoM

Price cuts

15.6%

43.2%MoM

New listings

5.0%MoM

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

The outlook

33166 housing market forecast 2027

+0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33166 to rise 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 33166 rose 0.7%, per the Zillow Home Value Index.

Will home prices drop in 33166?

Zillow's forecast does not call for a drop: it expects typical home values in 33166 to rise 0.6% by September 2027, after a 0.7% 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 33166 home prices compare?

33166$607,780
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 33166 has 152 homes for sale, with 42 new listings added in September 2026. The median days on market is 66, suggesting a moderate pace of sales activity. Price cuts are appearing on 15.6% of listings, a signal that some sellers are adjusting to market conditions. While the typical home value has appreciated slightly year over year, the presence of price reductions indicates that sellers should be realistic about pricing and prepared for negotiation.

Monthly payment

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Home price

Down payment20% · $121,556

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Common questions

What people ask us.

What is the typical home value in 33166?

The typical home value in Miami 33166 is $607,780, up 0.7% over the past year as of September 2026.

How long do homes typically stay on the market?

The median days on market is 66 days as of September 2026.

What share of homes have had their price reduced?

As of September 2026, 15.6% of listings in 33166 have seen a price cut.

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Nearby ZIP markets.

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