The housing market in 33139 Miami Beach, FL is an incredibly strong one. With the median house value at $428,400, it is significantly higher than the US national average of $338,100. Additionally, the 1 year appreciation rate for houses in 33139 Miami Beach has been 22.93%, more than double the 8.27% average appreciation rate across the US. This shows that this particular area of Miami Beach is a very desirable one and that homes are likely to increase in value over time.
The median home cost in Miami Beach (zip 33139) is $428,400. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami Beach (zip 33139) is up 25.1%.
Average Age of Homes
- The median age of Miami Beach (zip 33139) real estate is 50 years old
The Rental Market in Miami Beach (zip 33139)
- Renters make up 42.9% of the Miami Beach (zip 33139) population
- 2.7% of houses and apartments in Miami Beach (zip 33139), 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.