Housing in 33122 Miami, FL has seen a rapid appreciation, with the median value of $1,380,100 being significantly higher than the median value of US houses at $338,100. This 1 year appreciation in Miami was also more than double the US average at 22.93%, far outpacing the 8.27% national average. The strong housing market in this particular area of Miami is indicative of larger trends within South Florida and could be a sign of potential further appreciation as the region continues to develop and attract more people.
The median home cost in Miami (zip 33122) is $1,380,100. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Miami (zip 33122) is up 25.1%.
Average Age of Homes
- The median age of Miami (zip 33122) real estate is 28 years old
The Rental Market in Miami (zip 33122)
- Renters make up 0.0% of the Miami (zip 33122) population
- 6.6% of houses and apartments in Miami (zip 33122), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.