The story of this market
The typical home in ZIP 33187 sells for about $700,000, or $345 per square foot.
Prices are roughly flat from a year ago (-0.3%), a market in balance. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,164 a month.
ZIP 33187 — Miami
The 33187 housing market is currently experiencing a buyer's market with a median sale price of $700,000. Sales activity has been steady with 98 closings over the last 12 months, though inventory levels and days on market suggest a cooling trend. Several metrics, including specific tax history and detailed school ratings, were not determinable at the ZIP level.
Median prices moved down 0.3% year over year.
Homes spend a median of 68 days on market with 6.5 months of supply — a balanced-paced market.
19% of listings have cut prices · homes sell at 93% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 7.6% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 33187, Miami-Dade County, FL
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.
Data retrieved from census.gov ZCTA profiles; figures are estimates.
- Everglades Safari Park4.414.9 mi
- Christmas Wonderland - Miami3.512.9 mi
- K1 Speed Miami4.419.6 mi
- Sky Zone Trampoline Park4.217.6 mi
- Urban Air Trampoline and Adventure Park4.46.1 mi
- LoanDepot Park4.519.7 mi
- Miccosukee Casino & Resort411.4 mi
- Magic City Casino3.917.9 mi
- Miami-Dade County Fair & Exposition, Inc.4.311.8 mi
- Old's Havana Cuban Bar & Cocina4.819.2 mi
- Zoo Miami4.54.4 mi
- Tropical Park4.712.4 mi
- Regal Kendall Village4.37.6 mi
- Coral Castle4.47 mi
- Pinecrest Gardens4.812.3 mi
- Vizcaya Museum & Gardens4.718.8 mi
- Cape Florida Lighthouse4.819.9 mi
- Coral Castle4.47 mi
- Museum of Sex4.519.8 mi
- Monkey Jungle43.1 mi
- Zoo Miami4.54.4 mi
- Tropical Park4.712.4 mi
- Larry and Penny Thompson Memorial Park and Campground4.54.5 mi
- Pinecrest Gardens4.812.3 mi
- Kendall Soccer Park4.67.6 mi
- Black Point Park and Marina4.69.5 mi
- Dinner Key Marina4.516.9 mi
- Key Biscayne Yacht Club4.619.7 mi
- Coral Reef Yacht Club4.717.3 mi
- Coconut Grove Sailing Club4.716.6 mi
- Miccosukee Golf & Country Club4.37.8 mi
- Deering Bay Yacht & Country Club4.711.2 mi
- Palmetto Golf Course47.9 mi
- Killian Greens Golf Club3.58.5 mi
- Briar Bay Golf Course3.68.1 mi
- Dadeland Mall4.611.5 mi
- The Falls4.68.5 mi
- Robert Is Here Fruit Stand4.610.7 mi
- Florida Keys Outlet Marketplace4.410.2 mi
- Southland Mall4.26.3 mi
- Miami International Airport3.917.6 mi
- Miami-Opa Locka Executive Airport4.624.7 mi
- Miami Executive Airport4.54.1 mi
- Ocean Reef Club4.323 mi
- Hialeah Executive Motel3.519.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).