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Hialeah, FL—33018

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$530,000
2.1% YoY Growth
Household Income
$90,800
51.2% YoY Growth
Days on Market
72
8.0% Longer YoY
Home Price Forecast
1.5%
Median Rent
$3,300
3.3% YoY Growth
1-Bed Rent
$1,900
12.1% YoY Growth
2-Bed Rent
$2,400
2.7% YoY Growth
3-Bed Rent
$3,300
1.2% YoY Growth

Other Zip Codes in Hialeah, FL

3301333010330153301233016
  • 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 $530,000, with a year-over-year change of -2.1%. 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
$530,000-2.1%
Single Family $565,000-1.9%
Condos $316,000-3.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $228,000
    -5.4%
    2 Bed
    		$291,000-4.0%
    3 Bed
    		$526,000-1.5%
    4 Bed
    		$696,000-1.0%
    5 Bed $917,142-0.5%
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    % of Housing Stock

    Studio
    1.5%
    1 Bedroom
    1.8%
    2 Bedrooms
    26.0%
    3 Bedrooms
    49.8%
    4 Bedrooms
    17.3%
    5+ Bedrooms
    3.7%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    1.5%
    1 Bedroom
    6.0%
    2 Bedrooms
    52.3%
    3 Bedrooms
    34.7%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    0.3%

    Property Listings — Hialeah, FL

    As of May '26, Realtor.com reports that the median days on market for a home in Hialeah, FL is 72. This is a increase of 8.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$550,000-3.0%
    Listing Count
    		187-14.0%
    Listings as % of Homes0.8%-14.0%
    Days on Market
    		728.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		56,4007.4%
    % Under 18
    		20.4%-1.0%
    % Seniors
    		14.7%13.1%
    % WFH
    		12.5%-6.0%
    % w/ College Degree
    		28.8%26.9%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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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 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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio5.4
    Median Home Price$530,000
    Median Household Income$90,800

    Hialeah, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    33016

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    Frequently Asked Questions