Zip 33127 (Miami, FL) Housing

Housing in 33127 Miami, FL is significantly more expensive than the national median value for housing. The median value of housing in 33127 Miami, FL is $429,900, compared to the US house median value of $338,100. Additionally, the 1 year appreciation rate for housing in 33127 Miami, FL is 22.93%, much higher than the national average of 8.27%. This indicates that housing prices in this part of Miami have been increasing rapidly and are thus a great investment opportunity.

The median home cost in Miami (zip 33127) is $429,900. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33127) is up 25.1%.

Average Age of Homes

- The median age of Miami (zip 33127) real estate is 57 years old

The Rental Market in Miami (zip 33127)

- Renters make up 59.1% of the Miami (zip 33127) population
- 1.2% of houses and apartments in Miami (zip 33127), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Miami, Florida	United States
	11,449.0	139,647,020.0
	60	42
	$429,900	$338,100
	25.1%	16.6%
	73.5%	57.0%
	179.0%	101.1%
	$7.49	$10.98
	$2,233	$2,690
	25.7%	57.4%
	13.6%	11.2%
	60.7%	31.4%
Vacant Housing
	1.2%	1.9%
	0.8%	0.4%
	0.0%	0.7%
	0.5%	0.4%
	1.4%	3.6%
	9.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.3%	2.4%
	0.6%	2.8%
	3.1%	3.9%
	3.4%	4.5%
	9.1%	11.3%
	11.7%	13.0%
	19.3%	20.1%
	16.6%	13.6%
	13.5%	8.3%
	4.4%	9.7%
	1.7%	3.9%
	8.3%	2.2%
	4.3%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	8.6%	13.6%
	8.6%	13.6%
	3.3%	13.6%
	7.1%	13.2%
	12.1%	14.8%
	3.3%	13.6%
	19.2%	10.0%
	13.3%	4.7%
	16.6%	12.2%

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