Hialeah, FL—33015
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 $397,000, with a year-over-year change of -4.5%. This indicates that home prices in Hialeah, FL are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $397,000 | -4.5% |
| Single Family | $561,000 | -4.1% |
| Condos | $259,000 | -7.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $203,000 | -6.5% |
2 Bed | $288,000 | -7.1% |
3 Bed | $503,000 | -4.2% |
4 Bed | $661,000 | -3.9% |
| 5 Bed | $850,000 | -2.6% |
% of Housing Stock
Rental Trends — Hialeah, FL
As of July '25, Rentcast reports the average rent in Hialeah, FL is $2,460, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $1,000, 1-bedrooms: $1,840, 2-bedrooms: $2,350, 3-bedrooms: $2,920, 4-bedrooms: $3,910. The most common rental property sizes in Hialeah, FL are 2-bedroom and 1-bedroom, accounting for 39.3% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,300 | $2,460 |
| Studio Rent | $1,000 | $1,000 |
| 1 Bed Rent | $1,850 | $1,840 |
| 2 Bed Rent | $2,300 | $2,350 |
| 3 Bed Rent | $2,850 | $2,920 |
| 4 Bed Rent | $3,900 | $3,910 |
% 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 84. This is a increase of 50.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $392,000 | 5.0% |
Listing Count | 245 | 19.0% |
| Listings as % of Homes | 0.5% | 19.0% |
Days on Market | 84 | 50.0% |
Demographics — Hialeah, FL
As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 68,400, which has increased by 3.3% over the past 5 years. Hialeah, FL is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 68,400 | 3.3% |
% Under 18 | 20.6% | -7.2% |
% Seniors | 13.3% | 11.8% |
% WFH | 9.0% | 136.8% |
% w/ College Degree | 31.1% | 33.5% |
As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 85.3% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Hialeah, FL is black, making up 7.2% of the population. Foreign-born residents account for 59.3% of the population in Hialeah, FL, and this percentage has increased by 9.6% 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 | 5.9% | -20.3% |
% Black | 7.2% | -27.3% |
% Hispanic | 85.3% | 1.5% |
% Asian | 0.7% | -53.3% |
% Foreign Born | 59.3% | 9.6% |
Mortgage and Risk — Hialeah, FL
According to HUD data as of 2023, there were 547 mortgage originations in Hialeah, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Hialeah, FL. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 547 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Hialeah, FL
As of 2024, the percent of homes in Hialeah, FL under the Section 8 program is 3.3%. 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, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 399 |
Total Units Section 8 | 399 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $1,850 | $2,140 |
| 2 Bedroom | $320 | $2,300 | $2,620 |
| 3 Bedroom | $530 | $2,850 | $3,380 |
| 4 Bedroom | $70 | $3,900 | $3,970 |
Affordability — Hialeah, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $397,000 |
| Median Household Income | $73,600 |