Miramar, FL—33025
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Miramar, FL
As of Oct '25, the median home price in Miramar, FL is $395,000, with a year-over-year change of -5.3%. This indicates that home prices in Miramar, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | -5.4% |
| Single Family | $495,000 | -5.2% |
| Condos | $227,000 | -10.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $201,000 | -9.0% |
2 Bed | $264,000 | -9.3% |
3 Bed | $486,000 | -5.1% |
4 Bed | $614,000 | -4.5% |
| 5 Bed | $692,000 | -4.8% |
% of Housing Stock
Rental Trends — Miramar, FL
As of July '25, Rentcast reports the average rent in Miramar, FL is $2,550, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Miramar, FL is studios: $1,750, 1-bedrooms: $2,000, 2-bedrooms: $2,330, 3-bedrooms: $3,160, 4-bedrooms: $4,560. The most common rental property sizes in Miramar, FL are 2-bedroom and 1-bedroom, accounting for 53.8% and 22.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,550 |
| Studio Rent | $2,030 | $1,750 |
| 1 Bed Rent | $1,950 | $2,000 |
| 2 Bed Rent | $2,250 | $2,330 |
| 3 Bed Rent | $3,000 | $3,160 |
| 4 Bed Rent | $4,100 | $4,560 |
% of Rental Stock
Property Listings — Miramar, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Miramar, FL is 83. This is a increase of 31.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | -1.0% |
Listing Count | 398 | 24.0% |
| Listings as % of Homes | 0.6% | 24.0% |
Days on Market | 83 | 31.0% |
Demographics — Miramar, FL
As of the latest ACS Survey released in 2023, Miramar, FL has a population of 74,500, which has increased by 3.8% over the past 5 years. Miramar, FL is a moderately popular place for families, as children make up 19.5% of the population. The area has a moderately educated workforce, with 30.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 74,500 | 3.8% |
% Under 18 | 19.5% | -10.6% |
% Seniors | 12.2% | 9.9% |
% WFH | 10.7% | 345.8% |
% w/ College Degree | 30.1% | 16.7% |
As of the latest ACS Survey released in 2023, Miramar, FL is a predominantly black area, with 45.3% of the population identifying as black. The black population has shrunk by 15.2% in the last 5 years. The second most common race or ethnicity in Miramar, FL is hispanic, making up 38.6% of the population. Foreign-born residents account for 38.3% of the population in Miramar, FL, and this percentage has increased by 5.2% 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 | 10.8% | -12.2% |
% Black | 45.3% | -15.2% |
% Hispanic | 38.6% | 25.3% |
% Asian | 3.0% | -23.1% |
% Foreign Born | 38.3% | 5.2% |
Mortgage and Risk — Miramar, FL
According to HUD data as of 2023, there were 98 mortgage originations in Miramar, FL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Miramar, FL. Investor activity is low, as 1.0% of loans were by investors. 29.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 29.0% |
Loan Activity
Rentals and Section 8 — Miramar, FL
As of 2024, the percent of homes in Miramar, 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Miramar, FL, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 722 |
Total Units Section 8 | 500 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $1,950 | $1,950 |
| 2 Bedroom | $170 | $2,250 | $2,420 |
| 3 Bedroom | $340 | $3,000 | $3,340 |
| 4 Bedroom | -$40 | $4,100 | $4,060 |
Affordability — Miramar, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $395,000 |
| Median Household Income | $68,100 |