ZIP 33129 covers residential neighborhoods in Miami, located within Miami-Dade County, FL, part of the broader Miami housing market. The typical home value in ZIP 33129 in the Miami housing market is $689,590, with a typical rent of $3,599 per month. That puts the local home-value-to-annual-rent ratio at 16.0.
Key stats
- ZIP 33129 is around the 76th percentile of tracked local ZIPs for home value.
- ZIP 33129 is around the 24th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 16.0.
- 61 homes went pending for every 100 new listings in the current reading.
- Supply contracted while buyer competition strengthened.
- Typical home value
- $689,590
- Typical rent
- $3,599
- Homes for sale
- 176
- Buyer competition
- 38
- New listings
- 23
- Homes going pending
- 14
- Listings with price cuts
- 15.6%
Price and rent in ZIP 33129
ZIP 33129 is around the 76th percentile of tracked local ZIPs for home value. ZIP 33129 is around the 93rd percentile of tracked local ZIPs for rent.
ZIP 33129 home value & rent trend (past 12 months)
Typical home value fell 0.9% over the past 12 months, from $695,676 to $689,590. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.4% in July 2026.
Typical rent rose 0.4% over the past 12 months, from $3,585 to $3,599. It rose in 5 of 11 monthly readings. The largest monthly gain was +1.9% in April 2026.
How ZIP 33129 compares to the metro
ZIP 33129's typical home value is 13.6% above the metro median of $606,807. ZIP 33129's typical rent is 30.4% above the metro median of $2,761. ZIP 33129's buyer competition is 9.5% below the metro median of 42.
Supply, pending activity, and competition
ZIP 33129 is around the 68th percentile of tracked local ZIPs for for-sale inventory. ZIP 33129 is around the 24th percentile of tracked local ZIPs for buyer competition. 61 homes went pending for every 100 new listings in the current reading. Supply contracted while buyer competition strengthened. Over the 12 readings on record, inventory moved between 176 and 214 — a 38-point spread across 29 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 33130, 33133, 33131, 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 33129 vs 33122Compare this market with another tracked ZIP or peer group.
- Compare 33129 vs 33125Compare this market with another tracked ZIP or peer group.
- Compare 33129 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 33130 housing marketReview a nearby local market with the same core measures.
- ZIP 33133 housing marketReview a nearby local market with the same core measures.
- ZIP 33131 housing marketReview a nearby local market with the same core measures.
- Hialeah Metro housing market overviewReturn to the broader parent market.
33129 Housing Market Overview FAQ
What is the typical home value in ZIP 33129?
The typical home value in ZIP 33129 is $689,590 in the latest monthly reading.
What is the typical rent in ZIP 33129?
Typical rent in ZIP 33129 is $3,599 per month.
What is the home-value-to-rent ratio in ZIP 33129?
ZIP 33129 has a home-value-to-annual-rent ratio of 16.0.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules