Market Intelligence · FL / Miami

Miami, FL 33187 Housing Market

The typical home in Miami's 33187 ZIP code is worth $722,925, up 0.1% over the past year. The median list price sits at $967,500, and homes are taking a median of 78 days on market.

Updated June 2026Median value$723K

The median home value in Miami, FL 33187 is $723K as of June 2026, up 0.1% 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 33187 range

$665K to $781K

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

+0.1% over 12 months

Typical home value in 33187 over the last 12 months: $723K in Jun 2025 to $723K in Jun 2026 (+0.1%).

Jun 2025$723K

Jun 2026$723K

The numbers

What is the 33187 housing market like?

Typical home value

$723K

Up0.1%YoY

Median list price

$968K

Days on market

78

Up20.0%MoM

Homes for sale

76

Price cuts

9.3%

New listings

18

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

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The comparison

How do 33187 home prices compare?

  • 33187$722,925
  • 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 76 homes for sale in 33187, with 18 new listings added recently. The median list price is $967,500, while the typical home value is $722,925. Homes are spending a median of 78 days on market, and 9.3% of listings have had a price cut. Sellers should plan for a slower pace and price carefully to match what buyers are willing to pay.

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