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 $529,035, with a typical rent of $2,956 per month. That puts the local home-value-to-annual-rent ratio at 14.9.
Key stats
- ZIP 33127 is around the 31st percentile of tracked local ZIPs for home value.
- ZIP 33127 is around the 41st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 14.9.
- 60 homes went pending for every 100 new listings in the current reading.
- Supply and buyer competition did not produce a clear easing or tightening split.
- Typical home value
- $529,035
- Typical rent
- $2,956
- Homes for sale
- 118
- Buyer competition
- 40
- New listings
- 20
- Homes going pending
- 12
- Listings with price cuts
- 16.9%
Price and rent in ZIP 33127
ZIP 33127 is around the 31st percentile of tracked local ZIPs for home value. ZIP 33127 is around the 61st percentile of tracked local ZIPs for rent.
ZIP 33127 home value & rent trend (past 12 months)
Typical home value rose 2.5% over the past 12 months, from $516,177 to $529,035. It rose in 8 of 11 monthly readings. The largest monthly gain was +0.9% in August 2026.
Typical rent rose 2.5% over the past 12 months, from $2,882 to $2,956. It rose in 6 of 11 monthly readings. The largest monthly gain was +1.4% in May 2026.
How ZIP 33127 compares to Hialeah
ZIP 33127's typical home value is 12.1% below the Miami median of $602,196. ZIP 33127's typical rent is 8.0% above the Miami median of $2,736. ZIP 33127's buyer competition is 2.4% below the Miami median of 41.
Supply, pending activity, and competition
ZIP 33127 is around the 32nd percentile of tracked local ZIPs for for-sale inventory. ZIP 33127 is around the 41st percentile of tracked local ZIPs for buyer competition. 60 homes went pending for every 100 new listings in the current reading. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 117 and 130 — a 13-point spread across 29 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 33137, 33136, 33128, 33132.
Continue your market research
- Is the Miami Real Estate Market Cooling or Slowing Down?Read the related local market analysis.
- Is Miami a Buyer's Market?Read the related local market analysis.
- Compare 33125 vs 33127Compare this market with another tracked ZIP or peer group.
- Compare 33127 vs 33184Compare 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 33128 housing marketReview a nearby local market with the same core measures.
- Hialeah housing market overviewReturn to the broader parent market.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules
Figures are updated monthly by the HomeMarketCap.com team under our editorial policy. Spotted something wrong? Report a correction.