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 November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 28% from one year earlier, and down 18% 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 360-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 42%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 140-thousand dollars. The number of units sold decreased 53% year-over-year, and decreased 29% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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: 47,482
  • Median Age: 40.35 yr
  • Median Commute Time: 29 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 10,844/sq mi
  • Population Change Since 2000: 10.96%
  • Closest Airport: Miami International
  • Closest College: Florida National College-hialeah Campus
  • Closest Jr. College: Everest Institute-hialeah
  • Median Household Income: $39,262
  • Annual Residential Turnover: 4%
  • Median Home Sales Price: $125,000
  • Closest Major Sports Team: Miami Dolphins
  • Change Avg. Household Income Since 2000: 9.59%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33016 (Hialeah, FL)
Median Age: 40.35 Married: 36% Number of Households: 14,991 Households with Children: 6,001
Community:
    • 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 3
      Childrens Paradise Learning Center #3 Unit 1 2.8 mi Private PRESCHOOL-K 0 0
      Choo Choo Learning Station 2.8 mi Private - 0 0
      Kid's Palace Day Care & Learning Center 2.9 mi Private - 0 0
      Tutor Me Daycare Academy 2.9 mi Private - 0 0
      Tutor Me Day Care & Preschool Ii 3.0 mi Private - 0 0
      Hialeah Christian Academy 3.1 mi Private - 0 0
      Steps For Learning Preschool 3.1 mi Private K-K 0 0
      Children's Kingdom Enrichment Center Llc 3.2 mi Private - 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 Charter School 3.2 mi Public K-8 3 0
      Youth Co-op Preparatory High School 3.2 mi Public 9-12 2 0
      Stars Of The World 3.2 mi Private - 0 0
      New Angels Day Care 3.2 mi Private - 0 0
      Snow White & The Seven Dwarfs School 3.3 mi Private 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
      Stars Of The World # 2 3.5 mi Private - 0 0
      American Christian School Art Center 3.6 mi Private K-12 0 0
      Mater Performing Arts & Entertainment Academy 3.7 mi Public 9-12 4 0
      Mater Academy Charter High 3.7 mi Public 9-12 3 4
      Mater Academy Charter Middle 3.7 mi Public 6-8 3 3
      Mater Virtual Academy Charter Middle/high School 3.7 mi Public 6-12 3 0
      Tiny Smile Learning Center 3.8 mi Private - 0 0
      Mater Academy 4.0 mi Public K-5 5 3
      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 © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 33016 (Hialeah, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.