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MIAMI, FL 33127

Real Estate Market Report
Buyer's Market
February 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 February 2026. Source: Realtor.com.

The MIAMI, FL real estate market (33127) currently shows 158 active listings, with 23 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 90 days on market compared to 81 days last year.

The median listing price has fallen 4.9% year-over-year, from $899,000 to $855,000.

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
158
⇧ 5.3% vs 150 last year
Pending
23
15% pending ratio
Median Price
$855,000
⇩ 4.9% vs $899,000 last year
Average Price
$1,034,023
⇩ 3.1% vs $1,066,570 last year
Days on Market
90
⇧ 11.1% vs 81 days last year

Price Per Square Foot

Median $/sqft
$637
⇩ 6.6% vs $682/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
  • Listings: 158 this year vs 150 last year
  • Days on market: 90 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $855,000 (-4.9% YoY)
  • Average: $1,034,023 (-3.1% 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 — 3,284 listings ($4,682,674,398 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
33127Miami, FL 331270.0 mi158$157,754,942$825,000$998,449
33136Miami, FL 331361.8 mi50$35,710,450$357,000$714,209
33150Miami, FL 331502.7 mi128$91,970,432$589,500$718,519
33130Miami, FL 331303.1 mi553$558,858,482$650,000$1,010,594
33132Miami, FL 331323.2 mi809$1,038,323,185$635,000$1,283,465
33147Miami, FL 331473.3 mi158$78,944,542$499,000$499,649
33135Miami, FL 331353.7 mi83$76,189,103$829,500$917,941
33140Miami Beach, FL 331404.1 mi665$1,887,742,150$850,000$2,838,710
33145Miami, FL 331454.5 mi162$163,434,834$856,350$1,008,857
33010Hialeah, FL 330104.8 mi56$32,187,680$575,000$574,780
33167Miami, FL 331675.3 mi120$68,482,680$544,000$570,689
33168Miami, FL 331685.5 mi101$62,712,819$595,000$620,919
33134Miami, FL 331345.8 mi241$430,363,099$1,250,000$1,785,739

Frequently Asked Questions

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

As of February 2026, there are 158 active listings in MIAMI, FL (zip code 33127), compared to 150 the prior year.

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

The median listing price in MIAMI, FL 33127 is $855,000 as of February 2026, a 4.9% decrease from $899,000 the prior year.

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

Homes in MIAMI, FL 33127 spend an average of 90 days on the market before going under contract, compared to 81 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 February 2026, MIAMI, FL 33127 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 90 days on market compared to 81 days 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 $17,100 compared to a typical 5% commission on the median listing price of $855,000. 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.