The housing market in 33137 Miami, FL is an attractive investment for those looking for a reliable return on their investment. The median value of homes in this area is $645,200, which is nearly twice the US House median value of $338,100. This area has also seen a significantly higher appreciation rate of 22.93%, compared to the nationwide one year house appreciation rate of 8.27%. For potential home buyers and investors alike, this area presents an opportunity to invest in a safe and profitable market with excellent returns.
The median home cost in Miami (zip 33137) is $645,200. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33137) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33137) real estate is 30 years old
The Rental Market in Miami (zip 33137)
- Renters make up 54.1% of the Miami (zip 33137) population
- 6.9% of houses and apartments in Miami (zip 33137), 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.