The housing market in 33132 Miami, FL is currently booming, with the median value of a house sitting at $529,000. This is significantly higher than the US house median value of $338,100 and even more impressive when taking into account the 1 year appreciation rate for houses in this area, which is 22.93%. This is well above the national average of 8.27%. As such, it’s clear that investing in Miami real estate could be a wise decision right now.
The median home cost in Miami (zip 33132) is $529,000. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33132) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33132) real estate is 14 years old
The Rental Market in Miami (zip 33132)
- Renters make up 46.7% of the Miami (zip 33132) population
- 8.4% of houses and apartments in Miami (zip 33132), 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.