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MIAMI, FL 33127

Real Estate Market Report  ·  Miami-Dade County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 33127

Allapattah · Buena Vista · Buena Vista East (Buena Vista East Historic District) · Buena Vista West · Design District · Edgewater (Wynwood) · Liberty City · Lincoln Heights · Little Haiti (Lemon City) · Miami Fashion District (Fashion District) · Midtown · Model City · North Miami (North) · Overtown (Washington Heights) · Upper West Side (St Mary's Art District) · Wynwood Art District (El Barrio)

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MIAMI, FL real estate market (33127) currently shows 155 active listings, with 27 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

The median listing price has fallen 2.8% year-over-year, from $904,900 to $879,950.

Whether you are buying or selling in MIAMI, FL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 28,306  ·  Density: 3,317.6/mi²  ·  Median household income: $39,690

Typical home value: $338,693  ·  Homeownership: 29.2%

Market Overview

Active Listings
155
vs 155 last year
Pending
27
17% pending ratio
Median Price
$879,950
⇩ 2.8% vs $904,900 last year
Average Price
$1,048,657
⇩ 2.9% vs $1,079,907 last year
Days on Market
68
vs 68 days last year

Price Per Square Foot

Median $/sqft
$657
⇩ 8% vs $714/sqft last year
Median Home Size
1,435 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 68 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $879,950 (-2.8% YoY)
  • Average: $1,048,657 (-2.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 5.8 miles — 3,389 listings ($4,900,325,425 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33127Miami, FL 331270.0 mi158$163,375,634$855,000$1,034,023
33136Miami, FL 331361.8 mi51$39,759,447$360,000$779,597
33150Miami, FL 331502.7 mi128$92,834,816$558,500$725,272
33130Miami, FL 331303.1 mi569$540,560,811$649,675$950,019
33132Miami, FL 331323.2 mi824$1,067,025,616$630,000$1,294,934
33147Miami, FL 331473.3 mi164$82,734,556$498,450$504,479
33135Miami, FL 331353.7 mi89$81,778,896$821,500$918,864
33140Miami Beach, FL 331404.1 mi667$2,009,004,667$850,000$3,012,001
33145Miami, FL 331454.5 mi165$162,067,950$850,000$982,230
33010Hialeah, FL 330104.8 mi63$34,734,861$599,250$551,347
33167Miami, FL 331675.3 mi127$71,459,979$539,475$562,677
33168Miami, FL 331685.5 mi117$72,270,081$581,250$617,693
33134Miami, FL 331345.8 mi267$482,718,111$1,218,613$1,807,933

Frequently Asked Questions

How many homes are for sale in MIAMI, FL 33127?

As of March 2026, there are 155 active listings in MIAMI, FL (zip code 33127), compared to 155 the prior year.

What is the median home price in MIAMI, FL 33127?

The median listing price in MIAMI, FL 33127 is $879,950 as of March 2026, a 2.8% decrease from $904,900 the prior year.

How long do homes stay on the market in MIAMI, FL?

Homes in MIAMI, FL 33127 spend an average of 68 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in MIAMI, FL 33127?

Based on current inventory and days-on-market data as of March 2026, MIAMI, FL 33127 is currently a Balanced Market. Inventory levels are unchanged compared to last year.

How much can I save on real estate commission in MIAMI, FL?

With SELL123.com's maximum 3% commission, sellers in MIAMI, FL 33127 save an estimated $17,599 compared to a typical 5% commission on the median listing price of $879,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.