In 33138 Miami, FL, the housing median value is an impressive $674,800. This is significantly higher than the US House Median Value of $338,100. The US 1 year House Appreciation is a reasonable 8.27%, however in 33138 Miami the appreciation rate for 1 year was 22.93%. This demonstrates that housing in this area has experienced strong growth and may be a great investment for future buyers.
The median home cost in Miami (zip 33138) is $674,800. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33138) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33138) real estate is 55 years old
The Rental Market in Miami (zip 33138)
- Renters make up 47.4% of the Miami (zip 33138) population
- 2.5% of houses and apartments in Miami (zip 33138), 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.