Housing in 33128 Miami, FL is very valuable. According to the given context, the median value for housing in this area is $269,300, which is much lower than the US median value of $338,100. However, while appreciation of US housing has been 8.27% over the past year, appreciation of housing in 33128 Miami has been 22.93%. This suggests that investing in property in this area could be incredibly lucrative, as prices continue to appreciate at a rapid pace.
The median home cost in Miami (zip 33128) is $269,300. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33128) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33128) real estate is 44 years old
The Rental Market in Miami (zip 33128)
- Renters make up 77.4% of the Miami (zip 33128) population
- 7.3% of houses and apartments in Miami (zip 33128), 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.