Real Estate Market Update for 33156 (Miami, FL)
Welcome to February's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 17% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was 1.25-million dollars. Compared to last year, the average number of days units spent on the market before being sold was down 8%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 570-thousand dollars. The number of units sold decreased 14% year-over-year, and increased 7% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 33156 (Miami, FL)
Area Information for 33156 (Miami, FL)
  • Population: 32,469
  • Median Age: 41.24 yr
  • Median Commute Time: 28.48 mins
  • Educational Climate*: 5
  • Sales Tax: 6.905%
  • Population Density: 2,392/sq mi
  • Population Change Since 2000: 4.21%
  • Closest Airport: Miami International
  • Closest College: City College-miami
  • Closest Jr. College: College Of Business-technology-kandell
  • Median Household Income: $94,091
  • Annual Residential Turnover: 17.63%
  • Median Years in Residence: 3.03 yr
  • Median Home Sales Price: $385,000
  • Closest Major Sports Team: Marlins
  • Change Avg. Household Income Since 2000: 6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33156 (Miami, FL)
Median Age: 41.24 Married: 40% Number of Households: 11,868 Households with Children: 4,467
    • 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 33156 (Miami, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St Louis Covenant School 1.0 mi Catholic PRESCHOOL-8 0 5
      Pinecrest Presbyterian Day School 1.0 mi Private PRESCHOOL-K 0 0
      Pinecrest Elementary School 1.0 mi Public PRESCHOOL-5 5 4
      Miami Palmetto Senior High Adult 1.2 mi Public 9-12 0 0
      Miami Palmetto Senior High School 1.2 mi Public 9-12 3-5 4
      Gulliver Academy 1.2 mi Private PRESCHOOL-8 0 4
      Bet Shira Early Childhood Center 1.3 mi Private PRESCHOOL-K 0 0
      Palmetto Elementary School 1.3 mi Public PRESCHOOL-5 5 5
      Palmetto Middle School 1.4 mi Public 6-8 4 4
      Temple Beth Am Day School 1.6 mi Private PRESCHOOL-5 0 5
      The Roig Academy 1.6 mi Private PRESCHOOL-8 0 5
      St. Thomas Episcopal Parish School 1.8 mi Private PRESCHOOL-5 0 5
      Cattoira Montessori School 1.9 mi Private PRESCHOOL-5 0 4
      Kenwood K-8 Center 2.0 mi Public PRESCHOOL-8 3-5 4
      Howard Drive Elementary School 2.0 mi Public PRESCHOOL-5 3-5 5
      Kendall Christian School 2.1 mi Private PRESCHOOL-5 0 5
      Vineland K-8 Center 2.1 mi Public PRESCHOOL-8 4-5 4
      Children's Resources 2.2 mi Private PRESCHOOL-5 0 5
      Killian Montessori School 2.2 mi Private PRESCHOOL-K 0 0
      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: and Onboard Informatics © 2015
      Local Weather for 33156 (Miami, 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.