Real Estate Market Update for 33176 (Miami, FL)

Video: Real Estate Community Tour for 33176 (Miami, FL)

See Real estate community tour for 33176 (Miami, 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 36% from one year earlier, and down 17% 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 under 630-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 12%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 250-thousand dollars. The number of units sold increased 9% year-over-year, and increased 9% 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.
Show Transcript
Map Information for 33176 (Miami, FL)
Area Information for 33176 (Miami, FL)
  • Population: 52,234
  • Median Age: 42.55 yr
  • Median Commute Time: 30 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 4,258/sq mi
  • Population Change Since 2000: 1.49%
  • Closest Airport: Miami International
  • Closest College: Miami-dade College-kendall Campus
  • Closest Jr. College: College Of Business-technology-kandell
  • Median Household Income: $65,540
  • Annual Residential Turnover: 12%
  • Median Home Sales Price: $192,750
  • Closest Major Sports Team: Miami Marlins
  • Change Avg. Household Income Since 2000: 18.97%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33176 (Miami, FL)
Median Age: 42.55 Married: 38% Number of Households: 19,262 Households with Children: 5,406
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 33176 (Miami, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Leewood K-8 Center 0.3 mi Public PRESCHOOL-8 5 0
      St. John Neumann School 0.5 mi Catholic PRESCHOOL-8 0 0
      Gloria Floyd Elementary School 0.9 mi Public PRESCHOOL-5 4 0
      Miami Killian Senior High School 1.0 mi Public 9-12 2 3
      Kiddie Kampus Learning Center 1.1 mi Private - 0 0
      Killian Oaks Academy 1.1 mi Private - 0 0
      Somerset Preparatory Academy Sunset 1.1 mi Public K-8 0 0
      The School For Unique Learning 1.1 mi Private K-3 0 0
      Riverside Baptist Child Development Cent 1.2 mi Private PRESCHOOL-K 0 0
      School For Advanced Studies - South 1.3 mi Public 11-12 0 4
      Our Pride Academy Inc 1.3 mi Private PRESCHOOL-K 0 0
      Academir Preparatory Academy 1.4 mi Public - 0 0
      Oxford Academy Of Miami 1.4 mi Public K-8 2 0
      William H. Lehman Elementary School 1.4 mi Public PRESCHOOL-5 5 0
      Sol Academy, Inc 1.5 mi Private - 0 0
      Academir Charter School West 1.5 mi Public K-5 5 0
      Concordia Lutheran School 1.5 mi Private PRESCHOOL-K 0 0
      Santa Fe Advantage Academy 1.6 mi Public K-5 4 0
      Atlantis Academy 1.7 mi Private K-12 0 0
      Children's Learning Center Of Richmond Heights 1.7 mi Private - 0 0
      Somerset Academy Bay School 1.7 mi Public K-8 4 0
      Somerset Academy Bay 1.7 mi Public K-5 5 0
      Dorothy M. Wallace Cope Center 1.7 mi Public 6-12 1 0
      Our Lady Of The Rosary School 1.7 mi Catholic PRESCHOOL-K 0 0
      Frank Crawford Martin K-8 Center 1.7 mi Public PRESCHOOL-8 4 0
      Biotech@richmond Heights 9-12 High School 1.8 mi Public - 0 0
      Richmond Heights Middle School 1.8 mi Public 6-8 1 0
      Kendale Elementary School 1.8 mi Public PRESCHOOL-5 4 0
      Tiny Steps Preschool 2.1 mi Private - 0 0
      Victoria's Playhouse Day Care & Pre-k 2.1 mi Private - 0 0
      Center Stage Miami 2.1 mi Private - 0 0
      Riviera Preparatory School 2.1 mi Private 6-12 0 0
      Village Pines School 2.1 mi Private PRESCHOOL-5 0 0
      The Carrie Brazer Center For Autism Inc. 2.2 mi Private - 0 0
      Bet Breira School 2.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Rosemont Academy 2.3 mi Private - 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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 33176 (Miami, 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.