Hialeah, FL—33018
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 $529,000, with a year-over-year change of -3.9%. This indicates that home prices in Hialeah, FL are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $529,000 | -3.9% |
| Single Family | $563,000 | -4.4% |
| Condos | $319,000 | -7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $234,000 | -6.8% |
2 Bed | $296,000 | -8.1% |
3 Bed | $524,000 | -4.4% |
4 Bed | $690,000 | -2.5% |
| 5 Bed | $898,000 | -3.2% |
% of Housing Stock
Rental Trends — Hialeah, FL
As of July '25, Rentcast reports the average rent in Hialeah, FL is $3,470, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $1,400, 1-bedrooms: $1,810, 2-bedrooms: $2,480, 3-bedrooms: $3,350, 4-bedrooms: $4,270. The most common rental property sizes in Hialeah, FL are 2-bedroom and 3-bedroom, accounting for 52.3% and 34.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,470 |
| Studio Rent | $1,300 | $1,400 |
| 1 Bed Rent | $1,900 | $1,810 |
| 2 Bed Rent | $2,400 | $2,480 |
| 3 Bed Rent | $3,300 | $3,350 |
| 4 Bed Rent | $4,000 | $4,270 |
% 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 61. This is a increase of 38.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $560,000 | -3.0% |
Listing Count | 206 | 0.0% |
| Listings as % of Homes | 0.8% | 0.0% |
Days on Market | 61 | 38.0% |
Demographics — Hialeah, FL
As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 56,400, which has increased by 7.4% over the past 5 years. Hialeah, FL is a moderately popular place for families, as children make up 20.4% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,400 | 7.4% |
% Under 18 | 20.4% | -1.0% |
% Seniors | 14.7% | 13.1% |
% WFH | 12.5% | -6.0% |
% w/ College Degree | 28.8% | 26.9% |
As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 93.5% of the population identifying as hispanic. The hispanic population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Hialeah, FL is white, making up 3.8% of the population. Foreign-born residents account for 64.4% of the population in Hialeah, FL, and this percentage has increased by 1.6% 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 | 3.8% | 22.6% |
% Black | 0.7% | -66.7% |
% Hispanic | 93.5% | -2.2% |
% Asian | 1.6% | 220.0% |
% Foreign Born | 64.4% | 1.6% |
Mortgage and Risk — Hialeah, FL
According to HUD data as of 2023, there were 574 mortgage originations in Hialeah, FL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, 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. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 574 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% 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 2.2%. 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 | 161 |
Total Units Section 8 | 111 |
% Rentals under Section 8 | 2.2% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $320 | $1,900 | $2,220 |
| 2 Bedroom | $320 | $2,400 | $2,720 |
| 3 Bedroom | $210 | $3,300 | $3,510 |
| 4 Bedroom | $120 | $4,000 | $4,120 |
Affordability — Hialeah, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $529,000 |
| Median Household Income | $90,800 |