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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 $741,500, with homes selling in an average of 89 days — faster than the 91-day average last year, indicating stronger demand. A total of 186 homes sold in this period, down from 195 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 October 2026, compared to $699,995 in October 2025.

Miami (33187), FL Market Trend for Houses

Median List Price
The median list price of houses in Miami (33187), FL, was $862,000 in October 2026, compared to $732,500 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 $385,000 in October 2026, compared to $479,900 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 $562,495 in October 2026, compared to $487,495 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 $750,000 in October 2025.

Miami (33187), FL Housing Market Analysis

There are currently 147 homes listed for sale in Miami (33187), FL, an increase of 104.17% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,736,654 (up 56.83% year-over-year), and the average price per square foot is $399 compared to $366 in 2025. Properties spend an average of 140 days on the market before going under contract.
147
for sale
26
for rent
186
sold
Median Price
$815K
Median SQFT Price
$399
SF Range
850 - 11,860 SF
Beds
2 - 10
Avg. Dom
140 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

New
For Sale
$8,995,000
Commercial
0 room(s)
Miami
19050 SW KROME AKA 177 AVE, Miami FL 33187
New
For Sale
$970,000
House
3 bds · 2 ba · 1,922 sqft
KINGS GRANT EAST, Miami
15221 SW 148th Ave, Miami FL 33187
New
For Sale
$849,000
House
3 bds · 2 ba · 1,924 sqft
INLIKITA SEC A, Miami
17475 SW 182nd Ave, Miami FL 33187
New
For Sale
$4,277,000
Commercial
0 room(s)
8900 INTERIM-AWAIT SPECIFI, Miami
17950 SW 192nd St, Miami FL 33187
New
For Sale
$1,495,000
House
4 bds · 4 ba · 4,238 sqft
N/A, Miami
20450 SW 198th Ave, Miami FL 33187
New
For Sale
$650,000
House
4 bds · 2 ba · 1,631 sqft
MAJESTIC ESTATES 1ST ADDN, Miami
15413 SW 178th St, Miami FL 33187
New
For Sale
$175,000
Commercial
0 room(s)
Miami
New
For Sale
$600,000
House
4 bds · 3 ba · 1,850 sqft
MAJESTIC ESTATES 2ND ADDN, Miami
18047 SW 154th Ct, Miami FL 33187

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