Little Havana, Miami, FL33130

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$509,000
4.8% YoY Growth
Median Household Income
$57,900
89.2% 5-Year Growth
Days on Market
96
17.0% Longer than last year
Home Price Forecast
1.7%
Median Rent
$3,450
5.6% YoY Growth
1-Bed Rent
$3,000
3.5% YoY Growth
2-Bed Rent
$3,950
2.9% YoY Growth
3-Bed Rent
$6,500
4.7% YoY Growth

Other Zip Codes in Little Havana, Miami, FL

Property Listings — Little Havana, Miami, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Little Havana, Miami, FL is 96. This is a increase of 17.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$659,000-5.0%
Listing Count
55838.0%
Listings as % of Homes1.7%38.0%
Days on Market
9617.0%
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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 32,400, which has increased by 16.3% over the past 5 years. Little Havana, Miami, FL is a less popular place for families, as children make up 11.0% of the population. The area has a moderately educated workforce, with 41.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
32,40016.3%
% Under 18
11.0%-28.1%
% Seniors
14.4%-11.7%
% WFH
14.4%414.3%
% w/ College Degree
41.5%25.0%
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As of the latest ACS Survey released in 2023, Little Havana, Miami, FL is a predominantly hispanic area, with 73.2% of the population identifying as hispanic. The hispanic population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Little Havana, Miami, FL is white, making up 17.2% of the population. Foreign-born residents account for 60.2% of the population in Little Havana, Miami, FL, and this percentage has decreased by 8.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
17.2%55.0%
% Black
4.5%9.8%
% Hispanic
73.2%-13.4%
% Asian
2.9%222.2%
% Foreign Born
60.2%-8.9%
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Mortgage and Risk — Little Havana, Miami, FL

According to HUD data as of 2023, there were 262 mortgage originations in Little Havana, Miami, FL, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Little Havana, Miami, FL. Investor activity is low, as 8.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
262
% Conventional Loans
97.0%
% Government Loans
3.0%
% Investor Loans
8.0%
% Second Loans
9.0%
% Cash Out Refinance
4.0%

Loan Activity

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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 9.2%. 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. 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
1,492
Total Units Section 8
1,328
% Rentals under Section 8
9.2%
% Occupied Section 8
89.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$1,070$3,000$1,930
2 Bedroom-$1,580$3,950$2,370
3 Bedroom-$3,440$6,500$3,060
4 Bedroom$140$3,450$3,590

Affordability — Little Havana, Miami, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio9.1
Median Home Price$509,000
Median Household Income$57,900

Little Havana, Miami, FL — ZIP Code Boundary Map

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Frequently Asked Questions