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

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.
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 $810,000 in September 2026, compared to $699,990 in September 2025.

Miami (33187), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33187), FL, was $885,000 in September 2026, compared to $762,687 in September 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 $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.
155
for sale
28
for rent
185
sold
Median Price
$810K
Median SQFT Price
$400
SF Range
850 - 11,860 SF
Beds
2 - 10
Avg. Dom
130 days
Year Built
1935 - 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

41/100 ELEVATED
30-Year Mortgage Rate 6.71%
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
$490,000
Townhouse
3 bds · 2 ba · 1,549 sqft
VENETIAN PARC WEST, Miami
17531 SW 153rd Path, Miami FL 33187
New
For Sale
$900,000
House
4 bds · 3 ba · 2,265 sqft
VENETIAN PARC WEST, Miami
15255 SW 173rd St, Miami FL 33187
New
For Sale
$810,000
House
4 bds · 2 ba · 1,938 sqft
KINGS GRANT EAST, Miami
14760 SW 156th St, Miami FL 33187
New
For Sale
$144,900
House
4 bds · 2 ba
COTTAGE GROVE, Miami
17101 SW 200th St, Miami FL 33187
New
For Sale
$970,000
House
6 bds · 3 ba · 3,128 sqft
VENETIAN PARC, Miami
15071 SW 176th St, Miami FL 33187
New
For Sale
$1,750,000
House
3 bds · 3 ba · 3,279 sqft
Redland, Miami
19245 SW 188th St, Miami FL 33187
New
For Sale
$875,000
House
3 bds · 2 ba · 1,664 sqft
WEITZER SHAUNA MEADOWS SE, Miami
15420 SW 156th Ter, Miami FL 33187
For Sale
$600,000
House
4 bds · 2 ba · 1,614 sqft
MAJESTIC ESTATES 1ST ADDN, Miami
15421 SW 177th Ter, Miami FL 33187

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