ZIP 33128 covers residential neighborhoods in Miami, located within Miami-Dade County, FL, part of the broader Miami housing market. The typical home value in ZIP 33128 in the Miami housing market is $433,368, with a typical rent of $2,799 per month. That puts the local home-value-to-annual-rent ratio at 12.9.
Key stats
- ZIP 33128 is around the 10th percentile of tracked local ZIPs for home value.
- ZIP 33128 is around the 41st percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 12.9.
- Supply and buyer competition did not produce a clear easing or tightening split.
- ZIP 33128's typical home value is 28.0% below the Miami median of $602,196.
- Typical home value
- $433,368
- Typical rent
- $2,799
- Homes for sale
- 57
- Buyer competition
- 40
- New listings
- 7
- Listings with price cuts
- 13.4%
Price and rent in ZIP 33128
ZIP 33128 is around the 10th percentile of tracked local ZIPs for home value. ZIP 33128 is around the 54th percentile of tracked local ZIPs for rent.
ZIP 33128 home value & rent trend (past 12 months)
Typical home value fell 1.6% over the past 12 months, from $440,614 to $433,368. It rose in 3 of 11 monthly readings. The largest monthly gain was +0.8% in July 2026.
Typical rent fell 2.3% over the past 12 months, from $2,864 to $2,799. It rose in 4 of 11 monthly readings. The largest monthly gain was +1.7% in March 2026.
How ZIP 33128 compares to Hialeah
ZIP 33128's typical home value is 28.0% below the Miami median of $602,196. ZIP 33128's typical rent is 2.3% above the Miami median of $2,736. ZIP 33128's buyer competition is 2.4% below the Miami median of 41.
Supply, pending activity, and competition
ZIP 33128 is around the 14th percentile of tracked local ZIPs for for-sale inventory. ZIP 33128 is around the 41st percentile of tracked local ZIPs for buyer competition. Supply and buyer competition did not produce a clear easing or tightening split. Over the 12 readings on record, inventory moved between 41 and 57 — a 16-point spread across 29 comparable tracked ZIPs. Over the 12 readings on record, buyer competition moved between 37 and 41 — a 4-point spread across 29 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 33130, 33136, 33131, 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.
- All Miami ZIP comparisonsCompare this market with another tracked ZIP or peer group.
- ZIP 33130 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 33131 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.