HomeMarketCap.com

ZIP 33129 Miami, FL Housing Market

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

Price, Rent & Competition

$693,666

$3,589

37 index

175

Supply & Market Activity

28

14

15.60%

Area profile & market context

Population

14,702

Population density

4,106 / sq mi

Latest market movement

Home value (MoM)

+0.42%

Inventory (MoM)

-0.57%

Buyer competition (MoM)

0.00%

New listings (MoM)

+21.74%

Homes Pending (MoM)

0.00%

Price cuts share (MoM)

+0.36%

Typical rent (YoY)

+0.97%

How quickly homes are selling

Stable

Direct sale-speed signals look fairly stable for this ZIP right now.

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: 0.00% · YoY: -12.50%

Other local market activity

  • New listings

    Value: 28 · MoM: 21.74% · YoY: 3.70%

  • Homes for sale

    Value: 175 · MoM: -0.57% · YoY: -18.22%

  • Buyer competition

    Value: 37 · MoM: 0.00% · YoY: 8.82%

  • Price cuts share

    Value: 15.60% · MoM: 0.36% · YoY: 2.18%

  • Home sales activity (metro)

    Value: 6,948 · MoM: -16.18% · YoY: -1.18%

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 $693,666, with a typical rent of $3,589 per month. That puts the local home-value-to-annual-rent ratio at 16.1.

Key stats

  • ZIP 33129 is around the 76th percentile of tracked local ZIPs for home value.
  • ZIP 33129 is around the 17th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 16.1.
  • 50 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
$693,666
Typical rent
$3,589
Homes for sale
175
Buyer competition
37
New listings
28
Homes going pending
14
Listings with price cuts
15.6%
Typical home value — past 12 months
Sep 25 – Aug 26
Down 0.2% over 12 months
Typical home value down 0.2% over the last 12 months in ZIP 33129.
Typical rent — past 12 months
Sep 25 – Aug 26
Down 0.1% over 12 months
Typical rent down 0.1% over the last 12 months in ZIP 33129.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 15.5% over 12 months
Homes for sale down 15.5% over the last 12 months in ZIP 33129.
New listings — past 12 months
Sep 25 – Aug 26
Up 3.7% over 12 months
New listings up 3.7% over the last 12 months in ZIP 33129.
Homes going pending — past 12 months
Sep 25 – Aug 26
Down 12.5% over 12 months
Homes going pending down 12.5% over the last 12 months in ZIP 33129.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 8.8% over 12 months
Buyer competition index up 8.8% over the last 12 months in ZIP 33129.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Up 3.2% over 12 months
Listings with price cuts up 3.2% over the last 12 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 0.2% over the past 12 months, from $695,263 to $693,666. It rose in 4 of 11 monthly readings. The largest monthly gain was +0.4% in August 2026.

Typical rent fell 0.1% over the past 12 months, from $3,594 to $3,589. It rose in 5 of 11 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 15.2% above the Miami median of $602,196. ZIP 33129's typical rent is 31.2% above the Miami median of $2,736. ZIP 33129's buyer competition is 9.8% below the Miami median of 41.

Supply, pending activity, and competition

ZIP 33129 is around the 71st percentile of tracked local ZIPs for for-sale inventory. ZIP 33129 is around the 17th percentile of tracked local ZIPs for buyer competition. 50 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 175 and 207 — a 32-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 by the HomeMarketCap.com team 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.