Market Intelligence · FL / Miami

Miami, FL 33187 Housing Market

Miami 33187's typical home value is $720,811, up 0.7% over the past year. The median list price stands at $897,000, with homes spending a median of 66 days on the market.

Updated August 2026Median value$721K

The median home value in Miami, FL 33187 is $721K 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 33187 range

$663K to $778K

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 33187 over the last 12 months: $716K in Jul 2025 to $721K in Jul 2026 (+0.7%).

Jul 2025$716K

Jul 2026$721K

The numbers

What is the 33187 housing market like?

Typical home value

$721K

Up0.7%YoY

Median list price

$897K

Down0.2%MoM

Days on market

66

Up8.2%MoM

Homes for sale

76

Down7.3%MoM

Price cuts

13.5%

Up5.3%MoM

New listings

16

Down20.0%MoM

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

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The comparison

How do 33187 home prices compare?

  • 33187$720,811
  • 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 area has 76 homes for sale as of August 2026, with 16 new listings entering the market recently. About 13.5% of listings have seen price cuts, suggesting some sellers are adjusting expectations. Days on market at 66 indicates a market where homes take time to sell. For sellers, this is a balanced environment that rewards realistic pricing and patience.

Monthly payment

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20% · $144,162

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