In September 2026, the median home sale price in Miami (33187), FL was $735,000, with homes selling in an average of 90 days — slower than the 86-day average last year, suggesting buyers have more negotiating room. A total of 185 homes sold in this period, down from 198 last year.
The median list price of condos/co-ops in Miami (33187), FL, was $460,000 in September 2026, compared to $479,900 in September 2025.
Miami (33187), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33187), FL, was $654,500 in September 2026, compared to $499,990 in September 2025.
Miami (33187), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33187), FL, was $1,050,000 in September 2026, compared to $710,000 in September 2025.
Miami (33187), FL Housing Market Analysis
There are currently 155 homes listed for sale in Miami (33187), FL, an increase of 118.31% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,705,173 (up 51.75% year-over-year), and the average price per square foot is $400 compared to $367 in 2025. Properties spend an average of 130 days on the market before going under contract.