In July 2026, the median home sale price in Miami (33187), FL was $699,999, with homes selling in an average of 91 days — slower than the 80-day average last year, suggesting buyers have more negotiating room. A total of 177 homes sold in this period, down from 202 last year.
The median list price of condos/co-ops in Miami (33187), FL, was $457,500 in July 2026, compared to $474,900 in July 2025.
Miami (33187), FL Market Trend for Lots/Land
Median List Price
The median list price of lots/land in Miami (33187), FL, was $617,000 in July 2026, compared to $1,497,495 in July 2025.
Miami (33187), FL Market Trend for Commercial
Median List Price
The median list price of commercial in Miami (33187), FL, was $550,000 in July 2026, compared to $750,000 in July 2025.
Miami (33187), FL Housing Market Analysis
There are currently 156 homes listed for sale in Miami (33187), FL, an increase of 140.00% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $1,708,262 (up 56.44% year-over-year), and the average price per square foot is $403 compared to $354 in 2025. Properties spend an average of 124 days on the market before going under contract.
