Home ValuePros

Market Intelligence · FL / Miami

Miami, FL 33196 Housing Market

The typical home value in Miami's 33196 ZIP is $568,371, down 0.5% over the past year. The median list price stands at $639,900, with homes taking a median of 55 days to sell.

Updated August 2026Median value$568K

The median home value in Miami, FL 33196 is $568K as of August 2026, down 0.5% 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

$523K to $614K

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

-0.5% over 12 months

Typical home value in 33196 over the last 12 months: $571K in Jul 2025 to $568K in Jul 2026 (-0.5%).

Jul 2025$571K

Jul 2026$568K

The numbers

What is the 33196 housing market like?

Typical home value

$568K

Down0.5%YoY

Median list price

$640K

Up2.5%MoM

Days on market

55

Down8.3%MoM

Homes for sale

161

Up4.5%MoM

Price cuts

16.1%

Up18.2%MoM

New listings

52

Up30.0%MoM

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

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The comparison

How do 33196 home prices compare?

  • 33196$568,371
  • 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

There are currently 161 homes for sale in 33196, with 52 new listings as of early August 2026. The median list price of $639,900 reflects what sellers are asking, though the market shows some softness. About 16.1% of listings carry a price cut, a sign that not all properties are moving at their initial ask. The typical home has lost value year-over-year, and at 55 days median time on market, sellers should expect a slower pace than in hotter markets. If you're thinking about listing, understand that buyer interest here is measured rather than brisk.

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20% · $113,674

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