In August 2026, the median home sale price in Miami (33187), FL was $717,500, with homes selling in an average of 91 days — slower than the 83-day average last year, suggesting buyers have more negotiating room. A total of 184 homes sold in this period, down from 200 last year.
The median list price of condos/co-ops in Miami (33187), FL, was $480,000 in August 2026, compared to $470,000 in August 2025.
Miami (33187), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33187), FL, was $659,000 in August 2026, compared to $820,000 in August 2025.
Miami (33187), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33187), FL, was $977,777 in August 2026, compared to $750,000 in August 2025.
Miami (33187), FL Housing Market Analysis
There are currently 152 homes listed for sale in Miami (33187), FL, an increase of 114.08% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,741,741 (up 61.36% year-over-year), and the average price per square foot is $401 compared to $385 in 2025. Properties spend an average of 132 days on the market before going under contract.
