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Market Snapshot

Median listing price
$443K

The median listing price in Miami, FL ZIP 33147 is $442,500 as of June 2026.

Median rent
$2,500/mo

The median market rent in Miami, FL ZIP 33147 is $2,500/month as of June 2026.

Days on market
276 days

The median days on market in Miami, FL ZIP 33147 is 276 days as of June 2026. The market is currently neutral.

Gross rental yield
6.78%

At a median list price of $442,500 and a median rent of $2,500/month, the gross rental yield in Miami, FL ZIP 33147 is 6.78% as of June 2026.

STR vs LTR
$2,998/mo STR · $2,500/mo LTR

In Miami, FL ZIP 33147, median Airbnb revenue is $2,998/month compared to median long-term rent of $2,500/month as of June 2026.

Miami, FL 33147 Real Estate Market Report

ZIP Code: 33147

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
166
Active Listings
85
Sold Properties
81

Market Metrics

Median Listing Price
$442,500
Median Sold Price
$437,000
Median Price per Sqft
$376/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,500

Property Taxes

Property Tax Rate
1.07%

Liquidity & Velocity

Median Days on Market
276
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Key Findings

  1. $437,000 median sold price is the most reliable indicator of recent market value and suggests transaction-level pricing is slightly below asking; representative recent sale behavior appears to reflect a market establishing equilibrium between buyers and sellers.
  2. $442,500 median listing price versus the $437,000 median sold price indicates a modest gap between seller expectations and completed transactions, which may indicate pricing friction but not dramatic re-pricing.
  3. 276 median days on market point to slower sales velocity and extended time-to-contract relative to hot-market norms, which may suggest softening demand even with a neutral market temperature.
  4. Price momentum shows up for year-over-year prices while rent is down year-over-year and interest rate pressure is elevated; together, these signals suggest a market that is stable but sensitive to financing costs and rental weakness, so underwriters and investors should apply caution and stress-test financing assumptions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

2433 Nw 97th St, Miami, FL 33147
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds1 baths2,430 sqft
$700,000
Apr 1, 2026
$288/sqft/sqft
1525 days on market
10310 Nw 30th Ct, Miami, FL 33147
Market Benchmark

Sold at market average

3 beds2 baths1,775 sqft
$650,000
Apr 1, 2026
$366/sqft/sqft
8900 Nw 33rd Avenue Rd, Miami, FL 33147
Value

Sold below market average

6 beds3 baths2,244 sqft
$650,000
May 1, 2026
$290/sqft/sqft
1423 days on market
2974 Nw 97th St, Miami, FL 33147
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths2,262 sqft
$430,000
May 1, 2026
$190/sqft/sqft
3031 days on market
2365 Nw 68th St, Miami, FL 33147
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,044 sqft
$430,000
Apr 1, 2026
$412/sqft/sqft
533 days on market
1842 Nw 67th St, Miami, FL 33147
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths981 sqft
$429,900
Mar 1, 2026
$438/sqft/sqft
239 days on market
1220 Nw 70th St, Miami, FL 33147
Value

Sold below market average

2 beds1 baths896 sqft
$157,000
Apr 1, 2026
$175/sqft/sqft
108 days on market
3135 Nw 88th St, Miami, FL 33147
Value

Sold below market average

- beds- baths1,118 sqft
$148,000
May 1, 2026
$132/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$225/mo
33147 Avg Rent
33147 Cost to Own
Rent$2,500
Own$2,725

20% down, 6.50% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

33147 Avg nightly rate
33147 Avg occupancy (days/year)
Nightly rate$175/night
Occupancy155 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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