The story of this market
The typical home in ZIP 33155 sells for about $789,000, or $510 per square foot.
Prices are down 6.47% from a year ago, which gives buyers more room to negotiate. Homes take about 55 days to sell. HUD's fair market rent for a two-bedroom is $1,870 a month.
ZIP 33155 — Miami
The residential housing market in ZIP 33155 is currently cautiously optimistic, with a sentiment trend that remains stable versus the prior quarter. As of September 2026, the market is characterized by elevated home values and a balanced supply-demand dynamic. While inventory levels have seen slight shifts, the market remains warm, though high home-to-income ratios continue to create an affordability squeeze.
Fits family buyers and long-term residents valuing central Miami accessibility over newer outer-suburban sprawl.
Median prices moved down 6.5% year over year.
Homes spend a median of 55 days on market with 5.4 months of supply — a balanced-paced market.
20% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33155, Miami-Dade County FL
Not determinable; specific localized crime-trend reports for this ZCTA are not published as a consolidated regional index.
Prevailing school-quality characterization for the 33155 area reflects a 6/10 average ranking, placing it in the top 50% of Florida public schools.
The area faces significant climate risk, with 76% of properties projected to be at risk of flooding over the next 30 years, an increase faster than the national average.
Major development momentum is centered around infill and mixed-use residential projects, catering to proximity-focused commuters for the Miami employment core.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Commutes are primarily drive-dependent toward the Miami employment hubs, with standard local traffic congestion patterns prevailing.
Access to neighborhood parks and shopping/dining corridors along Bird Road and Coral Way.
The market features a mix of single-family rentals and multi-family units, showing moderate vacancy pressure.
A diverse mix of service, retail, and professional sectors typical of suburban Miami.
Development focus remains on residential densification and renovation of aging single-family housing stock.
Parcels fall under standard Miami-Dade municipal and school-district tax authorities.
High-posture climate and flood risk necessitate robust wind and flood insurance coverage.
Data retrieved from data.census.gov ZCTA 33155 tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jungle Island4.19.4 mi
- Paradox Museum Miami4.88.7 mi
- Everglades Safari Park4.419.4 mi
- C.B. Smith Park4.619.3 mi
- Christmas Wonderland - Miami3.50.4 mi
- Hard Rock Stadium4.616.1 mi
- Bayside Marketplace4.58.6 mi
- Kaseya Center4.78.6 mi
- Wynwood Walls4.78.5 mi
- LoanDepot Park4.56.7 mi
- Bayside Marketplace4.58.6 mi
- Wynwood Walls4.78.5 mi
- Zoo Miami4.510.1 mi
- Vizcaya Museum & Gardens4.76.6 mi
- Bayfront Park4.78.5 mi
- Wynwood Walls4.78.5 mi
- Vizcaya Museum & Gardens4.76.6 mi
- Phillip & Patricia Frost Museum of Science4.48.7 mi
- MUSEUM OF ICE CREAM4.68.4 mi
- Pérez Art Museum Miami4.58.8 mi
- Wynwood Walls4.78.5 mi
- Zoo Miami4.510.1 mi
- Bayfront Park4.78.5 mi
- Tropical Park4.70.9 mi
- South Pointe Park Pier4.811.7 mi
- Bayside Marketplace4.58.6 mi
- Black Point Park and Marina4.613.6 mi
- Miami Beach Marina4.711.2 mi
- Dinner Key Marina4.55 mi
- Venetian Marina & Yacht Club4.69 mi
- Topgolf Miami - Doral4.26.1 mi
- Riviera Country Club4.72.6 mi
- Miami Shores Country Club4.412.6 mi
- Miccosukee Golf & Country Club4.37.2 mi
- Puttery4.88.6 mi
- Dolphin Mall4.65.4 mi
- Brickell City Centre4.78 mi
- Bayside Marketplace4.58.6 mi
- Dadeland Mall4.63.1 mi
- Miami International Mall4.54.7 mi
- Miami International Airport3.94.4 mi
- Miami-Opa Locka Executive Airport4.612.3 mi
- Miami Executive Airport4.59.3 mi
- Ocean Reef Club4.329.3 mi
- Hialeah Executive Motel3.56.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major local retail and dining artery.
Various local neighborhood parks serving the ZCTA.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).