The housing market in 33162 North Miami Beach, FL is quite impressive. The median value for houses in the area is $394,500, which is significantly higher than the US median value of $338,100. In the past year, housing appreciation in 33162 North Miami Beach has been remarkable with a 22.93% increase compared to the national average of 8.27%. This indicates that not only are homes in this area of North Miami Beach valuable, but they are also increasing in value rapidly.
The median home cost in North Miami Beach (zip 33162) is $394,500. Home appreciation the last 10 years has been 179.0%. Home Appreciation in North Miami Beach (zip 33162) is up 25.1%.
Average Age of Homes
- The median age of North Miami Beach (zip 33162) real estate is 56 years old
The Rental Market in North Miami Beach (zip 33162)
- Renters make up 37.8% of the North Miami Beach (zip 33162) population
- 3.5% of houses and apartments in North Miami Beach (zip 33162), 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.