Market Intelligence · FL / Miami

Miami, FL 33196 Housing Market

The typical home in Miami's 33196 ZIP code is worth $569,850, down 1.1% over the past year. The median list price sits at $606,225, and homes are taking a median of 59 days on market.

Updated June 2026Median value$570K

The median home value in Miami, FL 33196 is $570K as of June 2026, down 1.1% 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 33196 range

$524K to $615K

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

Typical home value in 33196 over the last 12 months: $576K in Jun 2025 to $570K in Jun 2026 (-1.1%).

Jun 2025$576K

Jun 2026$570K

The numbers

What is the 33196 housing market like?

Typical home value

$570K

Down1.1%YoY

Median list price

$606K

Days on market

59

Down19.2%MoM

Homes for sale

157

Price cuts

13.9%

New listings

58

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

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The comparison

How do 33196 home prices compare?

  • 33196$569,850
  • 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 2026, there are 157 homes for sale in 33196, with 58 new listings added recently. The median list price is $606,225, while the typical home value is $569,850, down 1.1% over the past year. About 13.9% of listings have had a price cut, and the median time on market is 59 days. For sellers, this points to a slower, softer market where realistic pricing matters more than it did a year ago.

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