Real Estate Market Update for 33016 (Hialeah, FL)

Video: Real Estate Community Tour for 33016 (Hialeah, FL)

See Real estate community tour for 33016 (Hialeah, FL)
Welcome to April's Market Update. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 51% from one year earlier, and down 14% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 41%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 130-thousand dollars. The number of units sold increased 3% year-over-year, and increased 19% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 33016 (Hialeah, FL)
Area Information for 33016 (Hialeah, FL)
  • Population: 46,273
  • Median Age: 40.07 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 10,569/sq mi
  • Population Change Since 2000: 8%
  • Closest Airport: Miami International
  • Closest College: Florida National College-hialeah Campus
  • Closest Jr. College: Everest Institute-hialeah
  • Median Household Income: $40,889
  • Annual Residential Turnover: 5%
  • Median Home Sales Price: $108,000
  • Closest Major Sports Team: Miami Dolphins
  • Change Avg. Household Income Since 2000: 12.63%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33016 (Hialeah, FL)
Median Age: 40.07 Married: 38% Number of Households: 14,576 Households with Children: 6,007
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33016 (Hialeah, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Kidworks Usa 2.3 mi Private PRESCHOOL-2 0 0
      City Of Hialeah Education Academy 2.6 mi Public 6-12 3 4
      Childrens Paradise Learning Center #3 Unit 1 2.8 mi Private PRESCHOOL-K 0 0
      Palabra De Fe Christian Academy 3.1 mi Private PRESCHOOL-6 0 0
      Steps For Learning Preschool 3.1 mi Private K-K 0 0
      Ben Sheppard Elementary School 3.2 mi Public PRESCHOOL-5 2 0
      Jose Marti Mast 6-12 Academy 3.2 mi Public 6-12 5 4
      Youth Co-op Preparatory High School 3.2 mi Public 9-12 3 0
      Youth Co-op Charter School 3.2 mi Public K-8 4 0
      Snow White & The Seven Dwarfs School 3.3 mi Catholic PRESCHOOL-5 0 0
      Bob Graham Education Center 3.3 mi Public PRESCHOOL-8 4 0
      Growing Treasures Learning Center #2 3.3 mi Private PRESCHOOL-5 0 0
      Paradise Christian School Inc 3.4 mi Private PRESCHOOL-K 0 0
      American Christian School Art Center 3.6 mi Private K-12 0 0
      Mater Virtual Academy Charter Middle / High School 3.7 mi Public 6-12 0 0
      Mater Academy Charter High 3.7 mi Public 9-12 4 4
      Mater Performing Arts & Entertainment Academy 3.7 mi Public 9-12 5 0
      Mater Academy Charter Middle 3.7 mi Public 6-8 4 3
      Mater Academy 4.0 mi Public K-5 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 33016 (Hialeah, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.