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Little Havana, Miami, FL—33128

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$442,000
6.7% YoY Growth
Household Income
$36,300
91.9% YoY Growth
Days on Market
104
69.0% Longer YoY
Home Price Forecast
1.8%
Median Rent
$2,200
9.5% YoY Growth
1-Bed Rent
$1,750
9.9% YoY Growth
2-Bed Rent
$2,350
11.0% YoY Growth
3-Bed Rent
$2,890
12.2% YoY Growth

Other Zip Codes in Little Havana, Miami, FL

331303312533135
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Little Havana, Miami, FL

As of Dec '25, the median home price in Little Havana, Miami, FL is $442,000, with a year-over-year change of -6.7%. This indicates that home prices in Little Havana, Miami, FL are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$442,000-6.7%
Single Family $553,000-10.8%
Condos $407,000-6.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $388,000
    -5.4%
    2 Bed
    		$333,000-9.5%
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    10.8%
    1 Bedroom
    49.7%
    2 Bedrooms
    35.8%
    3 Bedrooms
    2.6%
    4 Bedrooms
    0.2%
    5+ Bedrooms
    0.9%

    Rental Trends — Little Havana, Miami, FL

    As of July '25, Rentcast reports the average rent in Little Havana, Miami, FL is $2,200, with a year-over-year rent change of -9.5%. Per bedroom, the median rent as of July '25 in Little Havana, Miami, FL is studios: $1,860, 1-bedrooms: $1,820, 2-bedrooms: $2,420, 3-bedrooms: $3,030, 4-bedrooms: $2,550. The most common rental property sizes in Little Havana, Miami, FL are 1-bedroom and 2-bedroom, accounting for 49.2% and 36.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,200$2,200
    Studio Rent $1,600$1,860
    1 Bed Rent $1,750$1,820
    2 Bed Rent $2,350$2,420
    3 Bed Rent $2,890$3,030
    4 Bed Rent $3,200$2,550
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    % of Rental Stock

    Studio
    11.0%
    1 Bedroom
    49.2%
    2 Bedrooms
    36.5%
    3 Bedrooms
    2.0%
    4 Bedrooms
    0.2%
    5+ Bedrooms
    1.0%

    Property Listings — Little Havana, Miami, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Little Havana, Miami, FL is 86. This is a increase of 88.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$352,00052.0%
    Listing Count
    		2253.0%
    Listings as % of Homes0.1%53.0%
    Days on Market
    		10469.0%
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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 9,020, which has increased by 18.9% over the past 5 years. Little Havana, Miami, FL is a moderately popular place for families, as children make up 16.0% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		9,02018.9%
    % Under 18
    		16.0%-5.9%
    % Seniors
    		22.3%-2.2%
    % WFH
    		8.1%131.4%
    % w/ College Degree
    		22.0%126.8%
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    As of the latest ACS Survey released in 2023, Little Havana, Miami, FL is a predominantly hispanic area, with 85.5% of the population identifying as hispanic. The hispanic population has shrunk by 3.9% in the last 5 years. The second most common race or ethnicity in Little Havana, Miami, FL is white, making up 8.1% of the population. Foreign-born residents account for 69.9% of the population in Little Havana, Miami, FL, and this percentage has decreased by 1.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		8.1%138.2%
    % Black
    		4.9%-59.5%
    % Hispanic
    		85.5%-3.9%
    % Asian
    		0.3%∞%
    % Foreign Born
    		69.9%-1.7%
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    Mortgage and Risk — Little Havana, Miami, FL

    According to HUD data as of 2023, there were 11 mortgage originations in Little Havana, Miami, FL, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 9.0% above 90% LTV (normal). This implies small mortgage risk in Little Havana, Miami, FL. Investor activity is high, as 27.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		11
    % Conventional Loans
    		100.0%
    % Government Loans
    		0.0%
    % Investor Loans
    		27.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		0.0%
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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 15.9%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Little Havana, Miami, FL, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		970
    Total Units Section 8
    		672
    % Rentals under Section 8
    		15.9%
    % Occupied Section 8
    		91.6%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$50$1,750$1,700
    2 Bedroom-$250$2,350$2,100
    3 Bedroom-$160$2,890$2,730
    4 Bedroom$40$3,200$3,240

    Affordability — Little Havana, Miami, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio12.7
    Median Home Price$442,000
    Median Household Income$36,300

    Little Havana, Miami, FL — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Little Havana, Miami, FL

    33130

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    33136

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    Downtown, Miami, FL

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    Frequently Asked Questions