In the 33126 zip code of Miami, FL, the median value of a house is $303,100, which is significantly lower than the US median value of $338,100. However, the rate of appreciation for housing in this area is much higher than the national average - 22.93% versus 8.27% over the past year. This suggests that investing in real estate in this area is likely to pay off quickly as values appreciate rapidly.
The median home cost in Miami (zip 33126) is $303,100. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33126) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33126) real estate is 40 years old
The Rental Market in Miami (zip 33126)
- Renters make up 54.0% of the Miami (zip 33126) population
- 3.6% of houses and apartments in Miami (zip 33126), 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.