HomeMarketCap.com

ZIP 33187 Miami, FL Housing Market

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

33187Miami area

Price, Rent & Competition

$720,811

38 index

89

Supply & Market Activity

19

11

19.74%

Area profile & market context

Population

18,174

Population density

62 / sq mi

Latest market movement

Home value (MoM)

+0.15%

Inventory (MoM)

+2.30%

Buyer competition (MoM)

-11.63%

New listings (MoM)

+11.76%

Homes Pending (MoM)

-8.33%

Price cuts share (MoM)

-15.80%

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: 11 · MoM: -8.33% · YoY: 10.00%

Other local market activity

  • New listings

    Value: 19 · MoM: 11.76% · YoY: -5.00%

  • Homes for sale

    Value: 89 · MoM: 2.30% · YoY: -13.59%

  • Buyer competition

    Value: 38 · MoM: -11.63% · YoY: 18.75%

  • Price cuts share

    Value: 19.74% · MoM: -15.80% · YoY: -4.88%

  • Home sales activity (metro)

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

ZIP 33187 covers residential neighborhoods in Miami, located within Miami-Dade County, FL, part of the broader Miami housing market. The typical home value in ZIP 33187 in the Miami housing market is $720,811.

Key stats

  • ZIP 33187 is around the 83rd percentile of tracked local ZIPs for home value.
  • ZIP 33187 is around the 24th percentile of tracked local ZIPs for buyer competition.
  • 58 homes went pending for every 100 new listings in the current reading.
  • Supply increased while buyer competition eased.
  • ZIP 33187's typical home value is 18.8% above the Miami median of $606,807.
Typical home value
$720,811
Homes for sale
89
Buyer competition
38
New listings
19
Homes going pending
11
Listings with price cuts
19.7%
Typical home value — past 12 months
Sep 25Jul 26
Up 1.4% over 11 months
Typical home value up 1.4% over the last 11 months in ZIP 33187.
Homes for sale — past 12 months
Sep 25Jul 26
Down 12.7% over 11 months
Homes for sale down 12.7% over the last 11 months in ZIP 33187.
New listings — past 12 months
Sep 25Jul 26
Up 0.0% over 11 months
New listings up 0.0% over the last 11 months in ZIP 33187.
Homes going pending — past 12 months
Sep 25Jul 26
Up 0.0% over 11 months
Homes going pending up 0.0% over the last 11 months in ZIP 33187.
Buyer competition index — past 12 months
Sep 25Jul 26
Down 2.6% over 11 months
Buyer competition index down 2.6% over the last 11 months in ZIP 33187.
Listings with price cuts — past 12 months
Sep 25Jul 26
Down 7.7% over 11 months
Listings with price cuts down 7.7% over the last 11 months in ZIP 33187.

Price and rent in ZIP 33187

ZIP 33187 is around the 83rd percentile of tracked local ZIPs for home value.

ZIP 33187 home value & rent trend (past 12 months)

Typical home value rose 1.4% over the last 11 months, from $710,920 to $720,811. It rose in 8 of 10 monthly readings. The largest monthly gain was +0.4% in December 2025.

How ZIP 33187 compares to Hialeah

ZIP 33187's typical home value is 18.8% above the Miami median of $606,807. ZIP 33187's buyer competition is 9.5% below the Miami median of 42.

Supply, pending activity, and competition

ZIP 33187 is around the 25th percentile of tracked local ZIPs for for-sale inventory. ZIP 33187 is around the 24th percentile of tracked local ZIPs for buyer competition. 58 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 11 readings on record, inventory moved between 87 and 102 — a 15-point spread across 29 comparable tracked ZIPs.

Nearby markets worth comparing

Relevant nearby ZIP pages include 33170, 33177, 33193, 33176.

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 33187, in the other tracked markets.