Aventura, North Miami Beach, FL33160

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$509,000
8.2% YoY Growth
Median Household Income
$62,400
19.6% 5-Year Growth
Days on Market
123
23.0% Longer than last year
Home Price Forecast
1.7%
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 Oct '25, Realtor.com reports that the median days on market for a home in Aventura, North Miami Beach, FL is 123. This is a increase of 23.0% 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
$633,000-1.0%
Listing Count
2,02011.0%
Listings as % of Homes4.1%11.0%
Days on Market
12323.0%
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Demographics — Aventura, North Miami Beach, FL

As of the latest ACS Survey released in 2023, Aventura, North Miami Beach, FL has a population of 43,200, which has increased by 5.1% over the past 5 years. Aventura, North Miami Beach, FL is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
43,2005.1%
% Under 18
16.7%9.2%
% Seniors
25.9%0.0%
% WFH
20.0%146.9%
% w/ College Degree
49.2%9.3%
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As of the latest ACS Survey released in 2023, Aventura, North Miami Beach, FL is a predominantly hispanic area, with 45.7% of the population identifying as hispanic. The hispanic population has grown by 3.9% in the last 5 years. The second most common race or ethnicity in Aventura, North Miami Beach, FL is white, making up 44.0% of the population. Foreign-born residents account for 60.8% of the population in Aventura, North Miami Beach, FL, and this percentage has increased by 8.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

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 HUD data as of 2023, there were 128 mortgage originations in Aventura, North Miami Beach, FL, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Aventura, North Miami Beach, FL. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
128
% Conventional Loans
98.0%
% Government Loans
2.0%
% Investor Loans
8.0%
% Second Loans
15.0%
% Cash Out Refinance
9.0%

Loan Activity

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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 more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Aventura, North Miami Beach, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

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 Average
Home Price to Income Ratio9.1
Median Home Price$509,000
Median Household Income$62,400

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

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Frequently Asked Questions