HomeMarketCap.com

ZIP 33129 Miami, FL Housing Market

City
Miami
County
Miami-Dade County
State
FL
Metro area
Miami-Fort Lauderdale-Pompano Beach, FL

33129Miami area

Price, Rent & Competition

$689,590

$3,599

38 index

176

Supply & Market Activity

23

14

15.55%

Area profile & market context

Population

14,702

Population density

4,106 / sq mi

Latest market movement

Home value (MoM)

+0.37%

Inventory (MoM)

-3.30%

Buyer competition (MoM)

+5.56%

New listings (MoM)

-17.86%

Homes Pending (MoM)

-6.67%

Price cuts share (MoM)

-2.40%

Typical rent (YoY)

+0.73%

How quickly homes are selling

Selling slower

Homes appear to be going under contract more slowly in this ZIP.

This summary uses one direct sale-speed signal for this ZIP. Supporting ZIP and metro context is shown separately.

Sale-speed figures and broader market activity are shown separately. Missing sale-speed values are not estimated.

Sale-speed measures for this ZIP

  • Homes going pending

    Value: 14 · MoM: -6.67% · YoY: -6.67%

Other local market activity

  • New listings

    Value: 23 · MoM: -17.86% · YoY: -32.35%

  • Homes for sale

    Value: 176 · MoM: -3.30% · YoY: -19.63%

  • Buyer competition

    Value: 38 · MoM: 5.56% · YoY: 11.76%

  • Price cuts share

    Value: 15.55% · MoM: -2.40% · YoY: -6.90%

  • Home sales activity (metro)

    Value: 8,321 · MoM: -4.21% · YoY: 15.19%

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%
Typical home value — past 12 months
Sep 25Jul 26
Down 0.6% over 11 months
Typical home value down 0.6% over the last 11 months in ZIP 33129.
Typical rent — past 12 months
Sep 25Jul 26
Down 0.8% over 11 months
Typical rent down 0.8% over the last 11 months in ZIP 33129.
Homes for sale — past 12 months
Sep 25Jul 26
Down 15.0% over 11 months
Homes for sale down 15.0% over the last 11 months in ZIP 33129.
New listings — past 12 months
Sep 25Jul 26
Down 14.8% over 11 months
New listings down 14.8% over the last 11 months in ZIP 33129.
Homes going pending — past 12 months
Sep 25Jul 26
Down 12.5% over 11 months
Homes going pending down 12.5% over the last 11 months in ZIP 33129.
Buyer competition index — past 12 months
Sep 25Jul 26
Up 11.8% over 11 months
Buyer competition index up 11.8% over the last 11 months in ZIP 33129.
Listings with price cuts — past 12 months
Sep 25Jul 26
Up 2.9% over 11 months
Listings with price cuts up 2.9% over the last 11 months in ZIP 33129.

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 0.6% over the last 11 months, from $694,098 to $689,590. It rose in 3 of 10 monthly readings. The largest monthly gain was +0.4% in July 2026.

Typical rent fell 0.8% over the last 11 months, from $3,627 to $3,599. It rose in 4 of 10 monthly readings. The largest monthly gain was +1.9% in April 2026.

How ZIP 33129 compares to Hialeah

ZIP 33129's typical home value is 13.6% above the Miami median of $606,807. ZIP 33129's typical rent is 30.4% above the Miami median of $2,761. ZIP 33129's buyer competition is 9.5% below the Miami 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 11 readings on record, inventory moved between 176 and 207 — a 31-point spread across 29 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 33130, 33133, 33131, 33128.

Continue your market research

Sources and method

Figures are updated monthly under our editorial policy. Spotted something wrong? Report a correction.

Explore ZIP Pages in Hialeah

ZIP codes at a similar price in other cities

Typical home value within reach of ZIP 33129, in the other tracked markets.