Housing in 33142 Miami, FL is far above the US House Median Value, with a median value of $348,600. This is also reflected in the appreciation rate of the houses over the past year, which stands at 22.93%, significantly higher than the national average of 8.27%. The high median housing value and high appreciation rate indicate that 33142 Miami, FL is a desirable area to move into for prospective home buyers.
The median home cost in Miami (zip 33142) is $348,600. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33142) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33142) real estate is 52 years old
The Rental Market in Miami (zip 33142)
- Renters make up 59.9% of the Miami (zip 33142) population
- 1.7% of houses and apartments in Miami (zip 33142), 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.