The housing market in Hialeah, FL (33016) has seen a considerable appreciation in the past year. The median value of a home in this area stands at $303,000, which is significantly lower than the national median house value of $338,100. However, the one-year house appreciation rate for Hialeah is 17.45%, much higher than the US's 8.27%. This indicates that the housing market in Hialeah is healthy and will likely continue to appreciate at a good rate in the coming years.
The median home cost in Hialeah (zip 33016) is $303,000. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Hialeah (zip 33016) is up 26.6%.
Average Age of Homes
- The median age of Hialeah (zip 33016) real estate is 31 years old
The Rental Market in Hialeah (zip 33016)
- Renters make up 39.7% of the Hialeah (zip 33016) population
- 0.6% of houses and apartments in Hialeah (zip 33016), 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.