Doral, FL33178

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$557,000
2.7% YoY Growth
Median Household Income
$91,300
13.4% 5-Year Growth
Days on Market
84
34.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$3,350
0.5% YoY Growth
1-Bed Rent
$2,320
0.0% YoY Growth
2-Bed Rent
$2,750
0.7% YoY Growth
3-Bed Rent
$3,500
0.3% YoY Growth

Property Listings — Doral, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Doral, FL is 84. This is a increase of 34.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$567,00011.0%
Listing Count
43615.0%
Listings as % of Homes1.6%15.0%
Days on Market
8434.0%
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Demographics — Doral, FL

As of the latest ACS Survey released in 2023, Doral, FL has a population of 65,500, which has increased by 27.3% over the past 5 years. Doral, FL is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 54.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
65,50027.3%
% Under 18
25.5%-8.6%
% Seniors
8.7%16.0%
% WFH
17.6%125.6%
% w/ College Degree
54.8%3.8%
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As of the latest ACS Survey released in 2023, Doral, FL is a predominantly hispanic area, with 83.4% of the population identifying as hispanic. The hispanic population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Doral, FL is white, making up 10.8% of the population. Foreign-born residents account for 69.1% of the population in Doral, FL, and this percentage has increased by 5.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
10.8%-2.7%
% Black
1.9%-17.4%
% Hispanic
83.4%-0.7%
% Asian
2.3%-23.3%
% Foreign Born
69.1%5.5%
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Mortgage and Risk — Doral, FL

According to HUD data as of 2023, there were 82 mortgage originations in Doral, FL, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Doral, FL. Investor activity is low, as 4.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
82
% Conventional Loans
89.0%
% Government Loans
11.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — Doral, FL

As of 2024, the percent of homes in Doral, FL under the Section 8 program is 0.1%. 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. In Doral, 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
9
Total Units Section 8
9
% Rentals under Section 8
0.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$400$2,320$2,720
2 Bedroom$590$2,750$3,340
3 Bedroom$810$3,500$4,310
4 Bedroom$60$5,000$5,060

Affordability — Doral, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio5.8
Median Home Price$557,000
Median Household Income$91,300

Doral, FL — ZIP Code Boundary Map

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Frequently Asked Questions