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Hialeah, FL—33015

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$397,000
2.9% YoY Growth
Household Income
$73,600
46.0% YoY Growth
Days on Market
62
4.0% Shorter YoY
Home Price Forecast
1.5%
Median Rent
$2,300
5.0% YoY Growth
1-Bed Rent
$1,850
2.1% YoY Growth
2-Bed Rent
$2,300
2.1% YoY Growth
3-Bed Rent
$2,850
6.7% YoY Growth

Other Zip Codes in Hialeah, FL

3301333018330103301233016
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hialeah, FL

As of May '26, the median home price in Hialeah, FL is $397,000, with a year-over-year change of -2.9%. 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 TypeMedian Home ValueYoY % Change
All Homes
$397,000-2.9%
Single Family $567,000-0.5%
Condos $252,000-5.3%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $193,000
    -6.3%
    2 Bed
    $287,000-3.7%
    3 Bed
    $508,000-1.0%
    4 Bed
    $672,0000.0%
    5 Bed $889,0302.7%
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    % of Housing Stock

    Studio
    5.0%
    1 Bedroom
    14.9%
    2 Bedrooms
    31.2%
    3 Bedrooms
    34.1%
    4 Bedrooms
    13.3%
    5+ Bedrooms
    1.6%

    Rental Trends — Hialeah, FL

    As of July '25, Rentcast reports the average rent in Hialeah, FL is $2,460, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Hialeah, FL is studios: $1,000, 1-bedrooms: $1,840, 2-bedrooms: $2,350, 3-bedrooms: $2,920, 4-bedrooms: $3,910. The most common rental property sizes in Hialeah, FL are 2-bedroom and 1-bedroom, accounting for 39.3% and 23.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,300$2,460
    Studio Rent $1,000$1,000
    1 Bed Rent $1,850$1,840
    2 Bed Rent $2,300$2,350
    3 Bed Rent $2,850$2,920
    4 Bed Rent $3,900$3,910
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    % of Rental Stock

    Studio
    8.6%
    1 Bedroom
    23.9%
    2 Bedrooms
    39.3%
    3 Bedrooms
    22.5%
    4 Bedrooms
    5.7%

    Property Listings — Hialeah, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Hialeah, FL is 62. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $319,000-15.0%
    Listing Count
    231-6.0%
    Listings as % of Homes0.5%-6.0%
    Days on Market
    62-4.0%
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    Demographics — Hialeah, FL

    As of the latest ACS Survey released in 2023, Hialeah, FL has a population of 68,400, which has increased by 3.3% over the past 5 years. Hialeah, FL is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 31.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    68,4003.3%
    % Under 18
    20.6%-7.2%
    % Seniors
    13.3%11.8%
    % WFH
    9.0%136.8%
    % w/ College Degree
    31.1%33.5%
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    As of the latest ACS Survey released in 2023, Hialeah, FL is a predominantly hispanic area, with 85.3% of the population identifying as hispanic. The hispanic population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Hialeah, FL is black, making up 7.2% of the population. Foreign-born residents account for 59.3% of the population in Hialeah, FL, and this percentage has increased by 9.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    5.9%-20.3%
    % Black
    7.2%-27.3%
    % Hispanic
    85.3%1.5%
    % Asian
    0.7%-53.3%
    % Foreign Born
    59.3%9.6%
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    Mortgage and Risk — Hialeah, FL

    According to HUD data as of 2023, there were 547 mortgage originations in Hialeah, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, 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. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    547
    % Conventional Loans
    83.0%
    % Government Loans
    17.0%
    % Investor Loans
    2.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    20.0%
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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 3.3%. 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. 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
    399
    Total Units Section 8
    399
    % Rentals under Section 8
    3.3%
    % Occupied Section 8
    87.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$290$1,850$2,140
    2 Bedroom$320$2,300$2,620
    3 Bedroom$530$2,850$3,380
    4 Bedroom$70$3,900$3,970

    Affordability — Hialeah, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$397,000
    Median Household Income$73,600

    Hialeah, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    Frequently Asked Questions