HomeMarketCap.com

ZIP 33137 Miami, FL Housing Market

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

Price, Rent & Competition

$675,991

$3,572

34 index

506

Supply & Market Activity

58

30

12.51%

197 days

Area profile & market context

Population

29,414

Population density

5,617 / sq mi

Latest market movement

Home value (MoM)

+0.75%

Inventory (MoM)

-4.17%

Buyer competition (MoM)

0.00%

New listings (MoM)

+1.75%

Homes Pending (MoM)

-16.67%

Price cuts share (MoM)

-1.15%

Typical rent (YoY)

+3.38%

How quickly homes are selling

Selling slower

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

This summary combines homes going pending and sale speed (days to pending). 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: 30 · MoM: -16.67% · YoY: 25.00%

  • Sale speed (days to pending)

    Value: 197 · MoM: 2.60% · YoY: -

Other local market activity

  • New listings

    Value: 58 · MoM: 1.75% · YoY: -10.77%

  • Homes for sale

    Value: 506 · MoM: -4.17% · YoY: -16.09%

  • Buyer competition

    Value: 34 · MoM: 0.00% · YoY: 6.25%

  • Price cuts share

    Value: 12.51% · MoM: -1.15% · YoY: -11.66%

  • Home sales activity (metro)

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

ZIP 33137 covers residential neighborhoods in Miami, located within Miami-Dade County, FL, part of the broader Miami housing market. The typical home value in ZIP 33137 in the Miami housing market is $675,991, with a typical rent of $3,572 per month. That puts the local home-value-to-annual-rent ratio at 15.8.

Key stats

  • ZIP 33137 is around the 69th percentile of tracked local ZIPs for home value.
  • ZIP 33137 is around the 7th percentile of tracked local ZIPs for buyer competition.
  • The market-level home-value-to-annual-rent ratio is 15.8.
  • 52 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
$675,991
Typical rent
$3,572
Homes for sale
506
Buyer competition
34
New listings
58
Homes going pending
30
Listings with price cuts
12.5%
Typical home value — past 12 months
Sep 25 – Aug 26
Up 1.5% over 12 months
Typical home value up 1.5% over the last 12 months in ZIP 33137.
Typical rent — past 12 months
Sep 25 – Aug 26
Up 3.2% over 12 months
Typical rent up 3.2% over the last 12 months in ZIP 33137.
Homes for sale — past 12 months
Sep 25 – Aug 26
Down 14.2% over 12 months
Homes for sale down 14.2% over the last 12 months in ZIP 33137.
New listings — past 12 months
Sep 25 – Aug 26
Down 7.9% over 12 months
New listings down 7.9% over the last 12 months in ZIP 33137.
Homes going pending — past 12 months
Sep 25 – Aug 26
Up 15.4% over 12 months
Homes going pending up 15.4% over the last 12 months in ZIP 33137.
Buyer competition index — past 12 months
Sep 25 – Aug 26
Up 9.7% over 12 months
Buyer competition index up 9.7% over the last 12 months in ZIP 33137.
Listings with price cuts — past 12 months
Sep 25 – Aug 26
Down 11.5% over 12 months
Listings with price cuts down 11.5% over the last 12 months in ZIP 33137.

Price and rent in ZIP 33137

ZIP 33137 is around the 69th percentile of tracked local ZIPs for home value. ZIP 33137 is around the 89th percentile of tracked local ZIPs for rent.

ZIP 33137 home value & rent trend (past 12 months)

Typical home value rose 1.5% over the past 12 months, from $665,755 to $675,991. It rose in 7 of 11 monthly readings. The largest monthly gain was +0.8% in August 2026.

Typical rent rose 3.2% over the past 12 months, from $3,462 to $3,572. It rose in 10 of 11 monthly readings. The largest monthly gain was +0.9% in March 2026.

How ZIP 33137 compares to Hialeah

ZIP 33137's typical home value is 12.3% above the Miami median of $602,196. ZIP 33137's typical rent is 30.6% above the Miami median of $2,736. ZIP 33137's buyer competition is 17.1% below the Miami median of 41.

How fast homes sell in ZIP 33137

Homes in ZIP 33137 typically go pending in about 197 days — about 118% slower than the metro median of 91 days.

Supply, pending activity, and competition

ZIP 33137 is around the 93rd percentile of tracked local ZIPs for for-sale inventory. ZIP 33137 is around the 7th percentile of tracked local ZIPs for buyer competition. 52 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 506 and 590 — a 84-point spread across 29 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 33127, 33132, 33136, 33138.

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 33137, in the other tracked markets.