Aventura, North Miami Beach, FL33160

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$510,000
7.4% YoY Growth
Median Household Income
$62,400
19.6% 5-Year Growth
Days on Market
119
14.0% Longer than last year
Home Price Forecast
0.6%
Median Rent
$3,000
4.5% YoY Growth
1-Bed Rent
$2,150
2.3% YoY Growth
2-Bed Rent
$3,400
3.2% YoY Growth
3-Bed Rent
$6,500
1.5% YoY Growth

Property Listings — Aventura, North Miami Beach, FL

As of Aug '25 and according to Realtor.com, the median days on market for a home in Aventura, North Miami Beach, FL is 119. This is an increase of 14.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$626,000-5.0%
Listing Count
2,040N/A
Listings as % of Homes4.1%N/A
Days on Market
11914.0%
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Demographics — Aventura, North Miami Beach, FL

MetricLatest CensusYoY % Change
Population
43,2005.1%
% Under 18
16.7%9.2%
% Under 5N/AN/A
% Seniors
25.9%0.0%
% WFH
20.0%146.9%
% w/ College Degree
49.2%9.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
44.0%-7.2%
% Black
4.8%-7.7%
% Hispanic
45.7%3.9%
% Asian
2.0%-9.1%
% Foreign Born
60.8%8.2%
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Mortgage and Risk — Aventura, North Miami Beach, FL

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Aventura, North Miami Beach, FL in that year was 128. 98.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 58.0%. Of those, 11.0% were >90% loan to value. This is considered elevated, suggesting that mortgage risk is medium in Aventura, North Miami Beach, FL. Investor activity in Aventura, North Miami Beach, FL is low, as 8.0% of all loans are originated by investors. In 2023, 9.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
128N/AN/A
% Conventional Loans
98.0%N/AN/A
% Government Loans
2.0%N/AN/A
% Investor Loans
8.0%N/AN/A
% Second Loans
15.0%N/AN/A
% Cash Out Refinance
9.0%N/AN/A
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Rentals and Section 8 — Aventura, North Miami Beach, FL

As of 2024, the percent of homes in Aventura, North Miami Beach, FL under the Section 8 program is 3.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
339
Total Units Section 8
332
% Rentals under Section 8
3.9%
% Occupied Section 8
94.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$250$2,150$2,400
2 Bedroom-$460$3,400$2,940
3 Bedroom-$2,700$6,500$3,800
4 Bedroom-$3,500$7,950$4,450

Affordability — Aventura, North Miami Beach, FL

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio9.1N/AN/A
Median Home Price$510,000N/AN/A
Median Household Income$62,400N/AN/A

Aventura, North Miami Beach, FL — ZIP Code Boundary Map

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