Railway Shops in Miami

Railway Shops
Homes for Sale in Miami, FL

Community in Miami · Miami-Dade County · ZIP 33127
Median sale $628K
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True comps, carrying-cost math, and listings before the portals.

Live Market Pulse
35/100
Market Heat
Cooler than normal
2013 → 2026 · 80 at the 2022 peak
0 is Railway Shops's coldest market since 2013, 100 its hottest. Today: 35. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data14 years of closingsUpdated twice daily

As of September 2026, Railway Shops Addn 2ND Am in Miami, FL has 10 homes for sale and 1 pending, asking from $590,000 to $3,249,000 (median $1,169,000). Over the 12 months ending 2026-09-12, 12 recorded sales closed at a median of $627,500, $533 per square foot, a median 34 days on market, sellers accepting 93% of original asking (-16% versus the prior year). Homes listed or recently sold were built 1925–2026 with 2 new construction. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $11,040 ($10,330 with the full homestead exemption).

Live · Railway Shops Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$628K
Median sold · 12 mo
down 16.3% vs the prior 12 months
-16.3%
1-yr price change
n = 12 and 7 sales in the two windows
$533/sf
Sold $/sqft · 12 mo
peak $618 in 2024
92.7%
Sale vs ask
Miami-Dade median: 94.0%
+946%
T12M median vs 2012
from a $60K median in 2012
Tempo
35days
Median DOM · closed
11 days at the 2018 low
9%
Under contract
Miami-Dade: 18% (3,290 of 18,399)
10 · 1
For sale · pending
live counts, refreshed twice daily
12
Sold · last 12 mo
10-yr average: about 8 a year
Track record · 14 years of records
1,490sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Railway Shops

Live MLS inventory for Railway Shops. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Railway Shops listings as of 2026-09-12, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.

Railway Shops Housing Pulse · Momentum Research · as of September 12, 2026

Railway Shops right now

🔴 Off the recent peak. The trailing-12-month median ($628K) is down 16.3% from the prior 12 months ($750K) and up 946% since 2012. With about 8 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 12. Confidence: Medium (12 and 7 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 13, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Railway Shops market snapshot (as of September 12, 2026): the median sale price is about $628K ($533 per sq ft over the trailing 12 months of closed sales), and a median 35 days on market for closed sales. The trailing-12-month median is down 16% from the prior 12 months and up 946% since 2012, computed from record-level MIAMI MLS closed sales (12 closings in the current window).

In ZIP 33127 (Miami), 125 homes closed in the last 12 months at a median of $630K ($533/sq ft), up 12.3% year over year, with a median 56 days on market. Right now 71 active and 14 pending listings — a balanced market. See the live ZIP 33127 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 142 homes in RAILWAY SHOPS that have changed hands since 2006, built between 1922 and 2026 (median 1948), with a median living area of about 1,500 sq ft and a typical 3-bedroom, 2-bath layout; 85% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Windows contain 0 to 14 sales each (12 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$0$500K$1M20122014201620182020202220242026
Down 16.3% year over year; up 946% since 2012.
Every sale since 2012 · price vs size
$0$500K$1M$1.5M1k2k
92 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$0$200$400$60020122014201620182020202220242026
Up from $48 in 2012 to a $618 peak in 2024; $533 now.
Median days on market · closed sales
05010015020122014201620182020202220242026
11 days at the 2018 low; 35 now.
Sale price vs original ask · median
90%95%100%20122014201620182020202220242026
92.7% now vs Miami-Dade 94.0%.
Homes sold per 12-mo window
05101520122014201620182020202220242026
0 to 14 a year; 12 in the current window.
Indexed since 2012 · Railway Shops vs Miami-Dade
01,000Miami-Dade +244%Railway Shops +946%20122014201620182020202220242026
Same MIAMI MLS record, indexed to 100 at 2012.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning20142020202220242026
80 at the 2022 peak, 20 in the troughs, 35 now. Same score as the hero card, full history.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$3,172/mo
Miami-Dade County typical true cost to own
$158/mo
Miami-Dade County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

RAILWAY SHOPS ADDN 2ND AM Market Scorecard

Thin data

RAILWAY SHOPS ADDN 2ND AM is currently a thin data market. Limited supply, a median asking price of $1,169,000, and homes go under contract in about 90 days.

n/a
Months supply
$1,169,000
Median list
n/a
Median sold
$688
Per sqft
90
Days on mkt
10/1/0
Active/Pend/Sold

Typical home value in the 33127 ZIP is $528,160, about 157.3% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Railway Shops today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Railway Shops.

A closer look at the Railway Shops market

At a median of $533 per square foot, Railway Shops prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median down 16% year over year. Homes that do trade take a median 35 days on market, useful leverage on any listing that has lingered.

The location and the amenities are priced into every listing in Railway Shops. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
5.7C+ · Buy Score
Long-Term Appreciation10.0/10
Recent Direction1.9/10
Pricing Power5.1/10

Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (5.7). Basis: Long-Term Appreciation +946% since 2012; Recent Direction -16.3% year-over-year; Pricing Power 92.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Railway Shops sales matched to your home.

What is your Railway Shops home worth?

Get a no-obligation home value based on real comparable sales in Railway Shops, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Miami →

Real comps, not an automated estimate.

Recently off market in RAILWAY SHOPS ADDN 2ND AM

Homes in RAILWAY SHOPS ADDN 2ND AM that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Railway Shops?
The median sale price in Railway Shops was $628K over the 12 months ending September 12, 2026 (12 closed sales, MIAMI MLS).
How long do homes in Railway Shops take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 35 days on market (12 sales, MIAMI MLS).
Have Railway Shops home prices gone up?
The trailing-12-month median is up 946% since 2012, from $60K to $628K (MIAMI MLS closed records).
Who is the best real estate agent for Railway Shops?
The best agent for Railway Shops is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Railway Shops.
How do I find a top Miami real estate agent who knows Railway Shops?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Railway Shops and the wider Miami area.
Can Momentum Realty connect me with an agent for Railway Shops?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Railway Shops purchase or sale - no call center and no pressure.

Nearby Communities

Explore more neighborhoods near Railway Shops with Momentum Realty’s local guides.

RSRailways Shops0.1 mi awayRSRailway Shops0.2 mi away · 2 for salePPPullman Park0.2 mi awaySMSunshine Manor0.2 mi awayAVAlta Vista (Miami Dade)0.3 mi away · 2 for saleSEShadowlawn Ext0.3 mi awayTTranquilla0.3 mi awaySEShadowlawn Extension0.3 mi away · median $847K, 10 sales/12 mo

Browse all neighborhood guides →

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 12, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-08
Historical depthClosed-sale records back to 2012 (92 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.

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CallFree valuation →
Thinking of selling in RAILWAY SHOPS ADDN 2ND AM? 12 recorded closings; median 34 days on market (window ending 2026-09-12). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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