Little Havana, Miami, FL33135

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$526,000
1.9% YoY Growth
Median Household Income
$37,800
39.0% 5-Year Growth
Days on Market
92
38.0% Longer than last year
Home Price Forecast
2.0%
Median Rent
$2,150
3.6% YoY Growth
1-Bed Rent
$1,780
3.8% YoY Growth
2-Bed Rent
$2,300
5.5% YoY Growth
3-Bed Rent
$3,500
7.7% YoY Growth

Other Zip Codes in Little Havana, Miami, FL

Property Listings — Little Havana, Miami, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Little Havana, Miami, FL is 92. 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$725,000-3.0%
Listing Count
8396.0%
Listings as % of Homes0.4%96.0%
Days on Market
9238.0%
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Demographics — Little Havana, Miami, FL

As of the latest ACS Survey released in 2023, Little Havana, Miami, FL has a population of 35,100, which has decreased by -11.9% over the past 5 years. Little Havana, Miami, FL is a less popular place for families, as children make up 14.6% of the population. The area has a poorly educated workforce, with 21.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
35,100-11.9%
% Under 18
14.6%-12.6%
% Seniors
20.3%2.0%
% WFH
7.8%30.0%
% w/ College Degree
21.5%28.0%
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As of the latest ACS Survey released in 2023, Little Havana, Miami, FL is a predominantly hispanic area, with 93.6% of the population identifying as hispanic. The hispanic population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Little Havana, Miami, FL is white, making up 3.8% of the population. Foreign-born residents account for 74.3% of the population in Little Havana, Miami, FL, and this percentage has decreased by 2.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
3.8%52.0%
% Black
2.3%0.0%
% Hispanic
93.6%-3.0%
% Asian
0.2%0.0%
% Foreign Born
74.3%-2.4%
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Mortgage and Risk — Little Havana, Miami, FL

According to HUD data as of 2023, there were 163 mortgage originations in Little Havana, Miami, FL, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Little Havana, Miami, FL. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
163
% Conventional Loans
93.0%
% Government Loans
7.0%
% Investor Loans
6.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Little Havana, Miami, FL

As of 2024, the percent of homes in Little Havana, Miami, FL under the Section 8 program is 10.2%. 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 Little Havana, Miami, 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
1,680
Total Units Section 8
1,218
% Rentals under Section 8
10.2%
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$80$1,780$1,700
2 Bedroom-$200$2,300$2,100
3 Bedroom-$770$3,500$2,730
4 Bedroom-$1,260$4,500$3,240

Affordability — Little Havana, Miami, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio12.6
Median Home Price$526,000
Median Household Income$37,800

Little Havana, Miami, FL — ZIP Code Boundary Map

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Frequently Asked Questions