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

In June 2026, the median home sale price in Miami (33187), FL was $699,450, with homes selling in an average of 91 days — slower than the 81-day average last year, suggesting buyers have more negotiating room. A total of 176 homes sold in this period, down from 202 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 $815,000 in June 2026, compared to $699,950 in June 2025.

Miami (33187), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33187), FL, was $960,000 in June 2026, compared to $720,000 in June 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 $455,000 in June 2026, compared to $474,900 in June 2025.

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

Median List Price
The median list price of lots/land in Miami (33187), FL, was $500,000 in June 2026, compared to $1,497,500 in June 2025.

Miami (33187), FL Market Trend for Commercial

Median List Price
The median list price of commercial in Miami (33187), FL, was $575,000 in June 2026, compared to $750,000 in June 2025.

Miami (33187), FL Housing Market Analysis

There are currently 148 homes listed for sale in Miami (33187), FL, an increase of 142.62% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,784,075 (up 82.73% year-over-year), and the average price per square foot is $384 compared to $354 in 2025. Properties spend an average of 124 days on the market before going under contract.
148
for sale
27
for rent
176
sold
Median Price
$815K
Median SQFT Price
$384
SF Range
1,107 - 11,860 SF
Beds
2 - 10
Avg. Dom
124 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 6.51%
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

New
For Sale
$1,400,000
House
4 bds · 2 ba · 3,717 sqft
KINGS GROVE, Miami
14941 SW 164th Ter, Miami FL 33187
New
For Sale
$899,000
House
4 bds · 2 ba · 1,993 sqft
KENDALL FAMILY ESTATES PH, Miami
14856 SW 179th St, Miami FL 33187
-$100K
For Sale
$1,095,000
House
4 bds · 2 ba · 3,074 sqft
CASSANDRA ESTATES, Miami
15690 SW 153rd Ct, Miami FL 33187
New
For Sale
$1,450,000
House
4 bds · 2 ba · 2,222 sqft
KINGS GROVE,STONE WOOD, Miami
15050 SW 167th St, Miami FL 33187
+$51K
For Sale
$950,000
House
5 bds · 3 ba · 2,230 sqft
G B ESTATES, Miami
14832 SW 169th Ln, Miami FL 33187
New
For Sale
$667,000
House
4 bds · 2 ba · 1,595 sqft
MAJESTIC ESTATES 2ND ADDN, Miami
New
For Sale
$1,099,000
House
6 bds · 4 ba · 3,128 sqft
VENETIAN PARC,Venetian By Luxcom, Miami
15100 SW 175th St, Miami FL 33187
New
For Sale
$999,900
House
2 bds · 2 ba · 1,110 sqft
REDLANDS, Miami
20304 SW 186th St, Miami FL 33187

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