ZIP 33127 covers residential neighborhoods in Miami, located within Miami-Dade County, FL, part of the broader Miami housing market. The typical home value in ZIP 33127 in the Miami housing market is $528,160, with a typical rent of $2,975 per month. That puts the local home-value-to-annual-rent ratio at 14.8.
Key stats
- ZIP 33127 is around the 28th percentile of tracked local ZIPs for home value.
- ZIP 33127 is around the 83rd percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.8.
- 62 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $528,160
- Typical rent
- $2,975
- Homes for sale
- 119
- Buyer competition
- 46
- New listings
- 21
- Homes going pending
- 13
- Listings with price cuts
- 16.2%
Price and rent in ZIP 33127
ZIP 33127 is around the 28th percentile of tracked local ZIPs for home value. ZIP 33127 is around the 57th percentile of tracked local ZIPs for rent.
ZIP 33127 home value & rent trend (past 12 months)
Typical home value rose 1.0% over the past 12 months, from $522,920 to $528,160. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in July 2026.
Typical rent rose 4.0% over the past 12 months, from $2,861 to $2,975. It rose in 7 of 11 monthly readings. The largest monthly gain was +1.5% in February 2026.
How ZIP 33127 compares to the metro
ZIP 33127's typical home value is 13.0% below the metro median of $606,807. ZIP 33127's typical rent is 7.8% above the metro median of $2,761. ZIP 33127's buyer competition is 9.5% above the metro median of 42.
Supply, pending activity, and competition
ZIP 33127 is around the 36th percentile of tracked local ZIPs for for-sale inventory. ZIP 33127 is around the 83rd percentile of tracked local ZIPs for buyer competition. 62 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 117 and 133 — a 16-point spread across 29 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 33137, 33136, 33101, 33128.
Continue your market research
- Is Miami Housing Market Cooling?Read the related local market analysis.
- Is Miami a Buyer's Market?Read the related local market analysis.
- Compare 33127 vs 33122Compare this market with another tracked ZIP or peer group.
- Compare 33127 vs 33125Compare this market with another tracked ZIP or peer group.
- Compare 33127 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 33137 housing marketReview a nearby local market with the same core measures.
- ZIP 33136 housing marketReview a nearby local market with the same core measures.
- ZIP 33101 housing marketReview a nearby local market with the same core measures.
- Hialeah Metro housing market overviewReturn to the broader parent market.
33127 Housing Market Overview FAQ
What is the typical home value in ZIP 33127?
The typical home value in ZIP 33127 is $528,160 in the latest monthly reading.
What is the typical rent in ZIP 33127?
Typical rent in ZIP 33127 is $2,975 per month.
What is the home-value-to-rent ratio in ZIP 33127?
ZIP 33127 has a home-value-to-annual-rent ratio of 14.8.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules