Hialeah, FL—33012
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hialeah, FL
As of Oct '25, the median home price in Hialeah, FL is $385,000, with a year-over-year change of -3.7%. This indicates that home prices in Hialeah, FL are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $385,000 | -3.7% |
| Single Family | $596,000 | -2.1% |
| Condos | $237,000 | -7.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $186,000 | -7.0% |
2 Bed | $243,000 | -7.6% |
3 Bed | $560,000 | -1.2% |
4 Bed | $643,000 | -2.9% |
| 5 Bed | $699,000 | -2.2% |
% of Housing Stock
Rental Trends — Hialeah, FL
As of July '25, Rentcast reports the average rent in Hialeah, FL is $2,360, with a year-over-year rent change of -4.5%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $1,730, 1-bedrooms: $1,750, 2-bedrooms: $2,230, 3-bedrooms: $3,070, 4-bedrooms: $3,820. The most common rental property sizes in Hialeah, FL are 2-bedroom and 1-bedroom, accounting for 43.9% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,360 |
| Studio Rent | $1,700 | $1,730 |
| 1 Bed Rent | $1,800 | $1,750 |
| 2 Bed Rent | $2,200 | $2,230 |
| 3 Bed Rent | $3,000 | $3,070 |
| 4 Bed Rent | $3,800 | $3,820 |
% of Rental Stock
Property Listings — Hialeah, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hialeah, FL is 66. This is a increase of 5.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $307,000 | 9.0% |
Listing Count | 192 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 66 | 5.0% |
Demographics — Hialeah, FL
As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 69,400, which has decreased by -8.3% over the past 5 years. Hialeah, FL is a moderately popular place for families, as children make up 15.5% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 69,400 | -8.3% |
% Under 18 | 15.5% | -4.9% |
% Seniors | 24.5% | 12.9% |
% WFH | 11.5% | 0.9% |
% w/ College Degree | 18.3% | 19.6% |
As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 96.4% of the population identifying as hispanic. The hispanic population has remained stable in the last 5 years. The second most common race or ethnicity in Hialeah, FL is white, making up 3.1% of the population. Foreign-born residents account for 75.8% of the population in Hialeah, FL, and this percentage has increased by 1.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.1% | 6.9% |
% Black | 0.7% | -58.8% |
% Hispanic | 96.4% | 0.0% |
% Asian | 0.2% | 0.0% |
% Foreign Born | 75.8% | 1.9% |
Mortgage and Risk — Hialeah, FL
According to HUD data as of 2023, there were 269 mortgage originations in Hialeah, FL, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Hialeah, FL. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 269 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Hialeah, FL
As of 2024, the percent of homes in Hialeah, FL under the Section 8 program is 12.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hialeah, FL, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,935 |
Total Units Section 8 | 1,683 |
% Rentals under Section 8 | 12.6% |
% Occupied Section 8 | 90.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$20 | $1,800 | $1,780 |
| 2 Bedroom | -$10 | $2,200 | $2,190 |
| 3 Bedroom | -$170 | $3,000 | $2,830 |
| 4 Bedroom | -$480 | $3,800 | $3,320 |
Affordability — Hialeah, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.6 |
| Median Home Price | $385,000 |
| Median Household Income | $45,800 |