Miami 33187

Miami-dade County, FL · 6,234 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

37affordability /100

Buyer leverage is buyer advantage; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
38.4%
severe
Days on market
65
daily
Price cuts
26.0%
of active
Valuation
-24%
vs assessor
Look up an address
35
/100
Weak
stable · buyer advantage · prices easing year-over-year.
Price trend
35
Affordability
25
Valuation
50
Economic health
37

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

69/ 100SellerBalancedBuyer
Negotiate Hard
Needs 21.9% correction for affordability
DOM: 144d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)75
Valuation Gap (25%)80
Supply & Demand (20%)40
Buy vs Rent (15%)50
Cancellation Rate (10%)100
Days on Market (5%)100

Moderate buyer leverage in 33187. Room to negotiate 5-10% below list. Payment burden: 38.4% of median income. A 9% price correction needed to reach 30% affordability threshold. Median days on market: 144. Renting is approximately 32% cheaper than buying (price-to-rent ratio: 15.9). Market appears 16% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBUYER ADVANTAGE

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage.

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Market snapshoteach number, once

Median price
$718,292
▾ 0.1% YoY
Days on market
65
daily · zip_data
Median rent
$3,763
ZORI
Investor score
65/100
cash-flow lens
Active listings
67
90-day

Valuation3 lenses, different anchors

vs assessor
-24.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$546,215
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+84.7%
County-wide market — the widest, slowest signal.
Miami-Dade+84.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$243
Price-to-income6.3×

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How 33187 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity53%
Supply tightness73%
Affordability17%
Investment yield44%
Appreciation75%

Affordability, supply & momentum

54SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply5.2 mo
Days on Market65d
Inv vs History-24.8%
Listing Density11.8/1k
Affordability — payment burden
Monthly payment (P&I)$3,628
Payment burden38.4%
Median income · ZIP$113,498
Mortgage rate6.49% · 30yr
Total monthly own$4,347
Monthly rent$3,763
Market dynamics
Price cut %26.0%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply5.2
Sales (90d)0
Investment analysis
Median rent$3,763
Price-to-rent15.9
Est. cap rate4.1%
Buy vs rentneutral

Livability

Walk score
Transit score1
Bike score

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Miami-dade County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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