Little Havana, Miami, FL—33130
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Little Havana, Miami, FL
As of Oct '25, the median home price in Little Havana, Miami, FL is $509,000, with a year-over-year change of -4.8%. This indicates that home prices in Little Havana, Miami, FL are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $509,000 | -4.8% |
| Single Family | $531,000 | -8.0% |
| Condos | $508,000 | -4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $403,000 | -4.7% |
2 Bed | $578,000 | -5.2% |
3 Bed | $948,000 | -4.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Little Havana, Miami, FL
As of July '25, Rentcast reports the average rent in Little Havana, Miami, FL is $3,700, with a year-over-year rent change of -5.6%. Per bedroom, the median rent as of July '25 in Little Havana, Miami, FL is studios: $2,200, 1-bedrooms: $3,040, 2-bedrooms: $4,040, 3-bedrooms: $6,460, 4-bedrooms: $3,570. The most common rental property sizes in Little Havana, Miami, FL are 1-bedroom and 2-bedroom, accounting for 39.4% and 37.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,450 | $3,700 |
| Studio Rent | $2,400 | $2,200 |
| 1 Bed Rent | $3,000 | $3,040 |
| 2 Bed Rent | $3,950 | $4,040 |
| 3 Bed Rent | $6,500 | $6,460 |
| 4 Bed Rent | $3,450 | $3,570 |
% of Rental Stock
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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $659,000 | -5.0% |
Listing Count | 558 | 38.0% |
| Listings as % of Homes | 1.7% | 38.0% |
Days on Market | 96 | 17.0% |
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.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,400 | 16.3% |
% Under 18 | 11.0% | -28.1% |
% Seniors | 14.4% | -11.7% |
% WFH | 14.4% | 414.3% |
% w/ College Degree | 41.5% | 25.0% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.1 |
| Median Home Price | $509,000 |
| Median Household Income | $57,900 |