Brickell, Miami, FL—33129
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Brickell, Miami, FL
Home Price Trends — Brickell, Miami, FL
As of Oct '25, the median home price in Brickell, Miami, FL is $696,000, with a year-over-year change of -3.9%. This indicates that home prices in Brickell, Miami, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $696,000 | -3.9% |
| Single Family | $1,229,000 | -2.5% |
| Condos | $594,000 | -3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $418,000 | -2.6% |
2 Bed | $690,000 | -4.4% |
3 Bed | $1,174,000 | -4.3% |
4 Bed | $1,665,000 | 0.1% |
| 5 Bed | $3,058,000 | 2.5% |
% of Housing Stock
Rental Trends — Brickell, Miami, FL
As of July '25, Rentcast reports the average rent in Brickell, Miami, FL is $3,960, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Brickell, Miami, FL is studios: $1,800, 1-bedrooms: $2,920, 2-bedrooms: $4,270, 3-bedrooms: $6,190, 4-bedrooms: $6,220. The most common rental property sizes in Brickell, Miami, FL are 1-bedroom and 2-bedroom, accounting for 38.9% and 32.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,960 |
| Studio Rent | $1,700 | $1,800 |
| 1 Bed Rent | $2,900 | $2,920 |
| 2 Bed Rent | $4,090 | $4,270 |
| 3 Bed Rent | $6,400 | $6,190 |
| 4 Bed Rent | $3,950 | $6,220 |
% of Rental Stock
Property Listings — Brickell, Miami, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Brickell, Miami, FL is 106. This is a increase of 6.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $858,000 | -11.0% |
Listing Count | 201 | 12.0% |
| Listings as % of Homes | 1.6% | 12.0% |
Days on Market | 106 | 6.0% |
Demographics — Brickell, Miami, FL
As of the latest ACS Survey released in 2023, Brickell, Miami, FL has a population of 14,700, which has increased by 12.1% over the past 5 years. Brickell, Miami, FL is a less popular place for families, as children make up 14.3% of the population. The area has a highly educated workforce, with 67.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 12.1% |
% Under 18 | 14.3% | -8.9% |
% Seniors | 14.5% | -13.7% |
% WFH | 20.1% | 105.1% |
% w/ College Degree | 67.7% | -4.0% |
As of the latest ACS Survey released in 2023, Brickell, Miami, FL is a predominantly hispanic area, with 73.5% of the population identifying as hispanic. The hispanic population has grown by 8.9% in the last 5 years. The second most common race or ethnicity in Brickell, Miami, FL is white, making up 19.1% of the population. Foreign-born residents account for 57.7% of the population in Brickell, Miami, FL, and this percentage has increased by 1.2% 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 | 19.1% | -29.0% |
% Black | 2.1% | -19.2% |
% Hispanic | 73.5% | 8.9% |
% Asian | 2.7% | -3.6% |
% Foreign Born | 57.7% | 1.2% |
Mortgage and Risk — Brickell, Miami, FL
According to HUD data as of 2023, there were 167 mortgage originations in Brickell, Miami, FL, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Brickell, Miami, FL. Investor activity is low, as 11.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 167 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 11.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Brickell, Miami, FL
As of 2024, the percent of homes in Brickell, Miami, FL under the Section 8 program is 0.3%. 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. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Brickell, Miami, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 9 |
Total Units Section 8 | 9 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$290 | $2,900 | $2,610 |
| 2 Bedroom | -$890 | $4,090 | $3,200 |
| 3 Bedroom | -$2,270 | $6,400 | $4,130 |
| 4 Bedroom | $900 | $3,950 | $4,850 |
Affordability — Brickell, Miami, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.6 |
| Median Home Price | $696,000 |
| Median Household Income | $103,000 |