33172
Miami, Florida
Miami 33172 needs watching.
The 33172 ZIP code in Miami, Florida has a median sale price of $280K, down -12.4% year-over-year. Homes spend an average of 104 days on market, with 2% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 33172.
ZIP code 33172 shows clear buyer-favorable conditions with a median sale price of $280,000, down 12.4% year-over-year as of February 2026. Properties are averaging 104 days on market, significantly above the traditional 30-60 day range that indicates balanced conditions. Only 2% of homes are selling above list price, confirming weak seller pricing power. This cooling trend marks a substantial shift from previous market dynamics in this Miami submarket.
Price-sensitive first-time buyers and investors with longer hold horizons will find the most advantageous entry points under current conditions. The 12.4% price decline creates material savings compared to 2025 purchase prices, while extended marketing periods give buyers negotiating leverage on price and terms. Sellers face unfavorable conditions and should expect multiple price adjustments or carrying costs; those without urgency should consider delaying listings until absorption rates improve.
The PropIQ score of 45 signals caution and suggests further downside risk or extended stagnation before stabilization occurs. With days on market elevated at 104 and minimal above-ask transactions, inventory absorption remains problematic. Monitor month-over-month listing growth and any movement in the 2% above-list metric as early indicators of demand recovery. Current data suggests a trough-seeking market rather than an imminent rebound.
What is the median home price in 33172 Miami?
The median sale price in 33172 is $280K, down -12.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Miami 33172?
Homes in 33172 Miami spend an average of 104 days on market before going under contract.
Is Miami 33172 a good place to invest in real estate?
Folio's PropIQ™ score for 33172 is 45/100 — a Caution signal. 2% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 33172?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 33172 Miami, Florida.