Market Intelligence · FL / Miami

Miami, FL 33189 Housing Market

Homes in Miami's 33189 ZIP code have a typical value of $549,924, up 1.1% over the past year. The median list price sits at $610,000, with homes taking 50 days on market as of September 2026.

Updated September 2026Median value$550K

The median home value in Miami, FL 33189 is $550K as of September 2026, up 1.1% 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 33189 range

$506K to $594K

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

+1.1% over 12 months

Sep 2025$544K

Low $544KHigh $550K

Sep 2026$550K

The numbers

What is the 33189 housing market like?

As of September 2026

Typical home value

$550K

1.1%YoY

Median list price

$610K

0.0%MoM

Days on market

20.6%MoM

Homes for sale

22.5%MoM

Price cuts

19.2%

43.1%MoM

New listings

0.0%MoM

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

The outlook

33189 housing market forecast 2027

+0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 33189 to rise 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 33189 rose 1.1%, per the Zillow Home Value Index.

Will home prices drop in 33189?

Zillow's forecast does not call for a drop: it expects typical home values in 33189 to rise 0.6% by September 2027, after a 1.1% 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 33189 home prices compare?

33189$549,924
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

In September 2026, the 33189 market showed 98 homes for sale with 36 new listings coming on. The median list price of $610,000 exceeds the typical home value by a meaningful margin, and homes are spending 50 days on market before sale. About 19.2% of listings have seen a price cut. For sellers, this pattern suggests patience is required; the market favors buyers who can wait and negotiate.

Monthly payment

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Home price

Down payment20% · $109,985

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 33189?

The typical home value is $549,924 as of September 2026, representing a 1.1% increase over the past year.

How long do homes stay on the market in 33189?

The median days on market is 50 as of September 2026.

How many homes are currently for sale in 33189?

There are 98 homes for sale as of September 2026, with 36 new listings that month.

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