Hialeah, FL—33013
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 $559,000, with a year-over-year change of -1.9%. This indicates that home prices in Hialeah, FL are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $559,000 | -1.9% |
| Single Family | $565,000 | -2.1% |
| Condos | $223,000 | -12.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $235,000 | -12.0% |
2 Bed | $492,000 | -1.2% |
3 Bed | $561,000 | -1.9% |
4 Bed | $613,000 | -3.0% |
| 5 Bed | $669,000 | -2.0% |
% of Housing Stock
Rental Trends — Hialeah, FL
As of July '25, Rentcast reports the average rent in Hialeah, FL is $2,560, with a year-over-year rent change of -11.1%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $1,820, 1-bedrooms: $1,730, 2-bedrooms: $2,500, 3-bedrooms: $3,220, 4-bedrooms: $3,950. The most common rental property sizes in Hialeah, FL are 2-bedroom and 1-bedroom, accounting for 39.3% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,560 |
| Studio Rent | $1,760 | $1,820 |
| 1 Bed Rent | $1,700 | $1,730 |
| 2 Bed Rent | $2,500 | $2,500 |
| 3 Bed Rent | $3,200 | $3,220 |
| 4 Bed Rent | $4,300 | $3,950 |
% 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 71. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $687,000 | 1.0% |
Listing Count | 100 | 3.0% |
| Listings as % of Homes | 0.6% | 3.0% |
Days on Market | 71 | -6.0% |
Demographics — Hialeah, FL
As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 29,100, which has decreased by -11.8% over the past 5 years. Hialeah, FL is a less popular place for families, as children make up 14.7% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,100 | -11.8% |
% Under 18 | 14.7% | 2.1% |
% Seniors | 21.7% | -2.7% |
% WFH | 14.7% | 212.8% |
% w/ College Degree | 18.0% | 51.3% |
As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 94.4% of the population identifying as hispanic. The hispanic population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Hialeah, FL is white, making up 4.6% of the population. Foreign-born residents account for 74.1% of the population in Hialeah, FL, and this percentage has decreased by 1.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.6% | 84.0% |
% Black | 1.4% | -48.1% |
% Hispanic | 94.4% | -2.1% |
% Asian | 0.5% | 25.0% |
% Foreign Born | 74.1% | -1.6% |
Mortgage and Risk — Hialeah, FL
According to HUD data as of 2023, there were 144 mortgage originations in Hialeah, FL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Hialeah, FL. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 144 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Hialeah, FL
As of 2024, the percent of homes in Hialeah, FL under the Section 8 program is 5.8%. 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 | 211 |
Total Units Section 8 | 211 |
% Rentals under Section 8 | 5.8% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,700 | $1,700 |
| 2 Bedroom | -$400 | $2,500 | $2,100 |
| 3 Bedroom | -$470 | $3,200 | $2,730 |
| 4 Bedroom | -$1,060 | $4,300 | $3,240 |
Affordability — Hialeah, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.5 |
| Median Home Price | $559,000 |
| Median Household Income | $57,200 |