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Hialeah, FL—33016

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$299,000
7.2% YoY Growth
Household Income
$56,600
27.8% YoY Growth
Days on Market
74
41.0% Longer YoY
Home Price Forecast
1.6%
Median Rent
$2,350
1.8% YoY Growth
1-Bed Rent
$1,800
6.3% YoY Growth
2-Bed Rent
$2,200
3.4% YoY Growth
3-Bed Rent
$2,800
0.7% YoY Growth

Other Zip Codes in Hialeah, FL

3301333018330103301533012
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hialeah, FL

As of Dec '25, the median home price in Hialeah, FL is $299,000, with a year-over-year change of -7.2%. This indicates that home prices in Hialeah, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$299,000-7.2%
Single Family $576,000-3.8%
Condos $258,000-8.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $192,000
    -5.9%
    2 Bed
    		$255,000-7.9%
    3 Bed
    		$423,000-4.9%
    4 Bed
    		$911,000-1.9%
    5 Bed $1,139,703-1.8%
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    % of Housing Stock

    Studio
    2.7%
    1 Bedroom
    7.9%
    2 Bedrooms
    53.4%
    3 Bedrooms
    26.1%
    4 Bedrooms
    5.9%
    5+ Bedrooms
    4.1%

    Rental Trends — Hialeah, FL

    As of July '25, Rentcast reports the average rent in Hialeah, FL is $2,710, with a year-over-year rent change of -1.8%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $2,100, 1-bedrooms: $1,860, 2-bedrooms: $2,260, 3-bedrooms: $2,980, 4-bedrooms: $4,710. The most common rental property sizes in Hialeah, FL are 2-bedroom and 3-bedroom, accounting for 62.7% and 20.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,350$2,710
    Studio Rent $2,100$2,100
    1 Bed Rent $1,800$1,860
    2 Bed Rent $2,200$2,260
    3 Bed Rent $2,800$2,980
    4 Bed Rent $3,800$4,710
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    % of Rental Stock

    Studio
    3.5%
    1 Bedroom
    11.5%
    2 Bedrooms
    62.7%
    3 Bedrooms
    20.2%
    4 Bedrooms
    1.3%
    5+ Bedrooms
    0.8%

    Property Listings — Hialeah, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Hialeah, FL is 75. 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 10.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$318,000-6.0%
    Listing Count
    		1298.0%
    Listings as % of Homes0.5%8.0%
    Days on Market
    		7441.0%
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    Demographics — Hialeah, FL

    As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 45,300, which has decreased by -11.2% over the past 5 years. Hialeah, FL is a moderately popular place for families, as children make up 19.1% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		45,300-11.2%
    % Under 18
    		19.1%-5.4%
    % Seniors
    		16.9%8.3%
    % WFH
    		12.0%-12.4%
    % w/ College Degree
    		27.7%32.5%
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    As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 94.9% of the population identifying as hispanic. The hispanic population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Hialeah, FL is white, making up 3.2% of the population. Foreign-born residents account for 71.5% of the population in Hialeah, FL, and this percentage has increased by 3.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		3.2%-3.0%
    % Black
    		1.2%-58.6%
    % Hispanic
    		94.9%-0.2%
    % Asian
    		0.8%60.0%
    % Foreign Born
    		71.5%3.0%
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    Mortgage and Risk — Hialeah, FL

    According to HUD data as of 2023, there were 264 mortgage originations in Hialeah, FL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Hialeah, FL. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		264
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		6.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Hialeah, FL

    As of 2024, the percent of homes in Hialeah, FL under the Section 8 program is 6.1%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Hialeah, FL, because HUD payments exceed market rent, while 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		712
    Total Units Section 8
    		500
    % Rentals under Section 8
    		6.1%
    % Occupied Section 8
    		90.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$120$1,800$1,920
    2 Bedroom$150$2,200$2,350
    3 Bedroom$240$2,800$3,040
    4 Bedroom-$240$3,800$3,560

    Affordability — Hialeah, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.2
    Median Home Price$299,000
    Median Household Income$56,600

    Hialeah, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Miami Lakes, FL

    33014

    Hialeah, FL

    33012

    Hialeah, FL

    33015

    Hialeah, FL

    33018

    Hialeah, FL

    33013

    Frequently Asked Questions