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Real Estate Market Trends and Analytics in Miami (33187), FL

In October 2026, the median home sale price in Miami (33187), FL was $737,950, with homes selling in an average of 55 days — faster than the 156-day average last year, indicating stronger demand. A total of 18 homes sold in this period, up from 2 last year — a sign of an active market.
View all properties for sale in Miami (33187), FL

Miami (33187), FL Market Trend

Median List Price
The median list price of Miami (33187), FL, was $875,000 in October 2026, compared to $2,990,000 in October 2025.

Miami (33187), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33187), FL, was $875,000 in October 2026, compared to $2,549,500 in October 2025.

Miami (33187), FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Miami (33187), FL, was $0 in October 2026, compared to $0 in October 2025.

Miami (33187), FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Miami (33187), FL, was $624,000 in October 2026, compared to $0 in October 2025.

Miami (33187), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33187), FL, was $1,049,000 in October 2026, compared to $2,990,000 in October 2025.

Miami (33187), FL Housing Market Analysis

There are currently 71 homes listed for sale in Miami (33187), FL, an increase of 1320.00% compared to 2025. With more homes on the market than are selling each month, buyers may find more options and room to negotiate. The median asking price is $1,636,843 (down 59.24% year-over-year), and the average price per square foot is $408 compared to $697 in 2025. Properties spend an average of 106 days on the market before going under contract.
71
for sale
20
for rent
18
sold
Median Price
$875K
Median SQFT Price
$408
SF Range
850 - 11,860 SF
Beds
2 - 10
Avg. Dom
106 days
Year Built
1977 - 2027
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $468K
Median Monthly Mortgage $3K/mo
Median Rent $2K/mo
Homeownership Rate 87.6%
Cost Burden 24.2%

Foreclosure Risk Score

44/100 ELEVATED
30-Year Mortgage Rate 7.40%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Miami (33187), FL

For Sale
$949,900
House
3 bds · 2 ba · 2,938 sqft
WEITZER SHAUNA MEADOWS SE, Miami
15263 SW 157th Ter, Miami FL 33187
New
For Sale
$399,000
Commercial
0 room(s)
Miami
UNINCORPORATED, Miami FL 33187
New
For Sale
$815,000
House
4 bds · 2 ba · 2,541 sqft
CASSANDRA ESTATES, Miami
15695 SW 153rd Ave, Miami FL 33187
New
For Sale
$490,000
Commercial
0 room(s)
Miami
New
For Sale
$1,100,000
House
4 bds · 3 ba · 3,408 sqft
VENETIAN PARC WEST, Miami
15215 SW 176th Ln, Miami FL 33187
New
For Sale
$1,895,000
Commercial
0 room(s)
Miami
New
For Sale
$282,900
House
3 bds · 2 ba · 1,430 sqft
AMERICANA VILLAGE CONDO, Miami
19800 SW 180 ave t, Miami FL 33187
New
For Sale
$765,000
House
4 bds · 2 ba · 1,938 sqft
KINGS GRANT EAST, Miami
14750 SW 156th St, Miami FL 33187

Market Trends nearby