Zip 33158 (Palmetto Bay, FL) Housing

In 33158 Palmetto Bay, FL, the median value for housing is $1,084,900 which is significantly higher than the US median of $338,100. The US house appreciation rate over the past year has been 8.27%, but in Palmetto Bay it is an impressive 22.93%. As such, it is no surprise that this area has become increasingly popular and desirable for those looking to purchase a home.

The median home cost in Palmetto Bay (zip 33158) is $1,084,900. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Palmetto Bay (zip 33158) is up 25.1%.

Average Age of Homes

- The median age of Palmetto Bay (zip 33158) real estate is 47 years old

The Rental Market in Palmetto Bay (zip 33158)

- Renters make up 9.2% of the Palmetto Bay (zip 33158) population
- 1.5% of houses and apartments in Palmetto Bay (zip 33158), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palmetto Bay, Florida	United States
	2,266.0	139,647,020.0
	51	42
	$1,084,900	$338,100
	25.1%	16.6%
	73.5%	57.0%
	179.0%	101.1%
	$10.20	$10.98
	$7,295	$2,690
	84.5%	57.4%
	11.0%	11.2%
	4.5%	31.4%
Vacant Housing
	1.5%	1.9%
	1.4%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	4.6%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.4%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.4%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	0.4%	20.1%
	1.7%	13.6%
	5.5%	8.3%
	48.4%	9.7%
	24.3%	3.9%
	12.8%	2.2%
	3.6%	0.8%
	2.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.2%	13.6%
	2.2%	13.6%
	13.9%	13.6%
	15.0%	13.2%
	16.4%	14.8%
	13.9%	13.6%
	10.9%	10.0%
	0.0%	4.7%
	0.0%	12.2%

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