Hialeah, FL Home Values & Market Trends
Real estate market trends reflect that there have been 2,201 transactions over the past year in Hialeah. The median value for residential home transactions that occurred over the previous year is $465,752.97. The number of current listings in Hialeah is 161, and the percentage of properties for sale in the city is 161.00%. Hialeah, FL currently has 708 properties in foreclosure, 7 bank owned properties, 47 properties headed for auction, and 161 properties for sale.
Hialeah, FL Real Estate Market Overview
Housing Market Summary for Hialeah, FL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $487.5K | $451.7K | -7.34% |
Median Sold Price | $446.7K | $451.7K | 1.12% |
Homes For Sale | 120 | 165 | 37.50% |
Homes Sold | 1,770 | 1,631 | -7.85% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hialeah, FL
Browse Homes in Hialeah, FL
Hialeah home values range from $52,715 to $5,193,041. The median estimated value of a home in Hialeah is $465,752.97. The median list price of a home is 489,900, and the total count of properties in the city is 73,663.
- Pre-ForeclosurePre-foreclosure homes account for 0.89% of all residential properties in Hialeah, FL with 33015 containing 170 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 7 zips within Hialeah, FL; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,465,758 in 33018 to the lowest home value of $169,870 in 33015.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hialeah, FL ranges from the highest value of $479,404 in 33010 to the lowest value of $168,384 in 33012. Bank owned homes and properties account for 0.01% of properties in Hialeah, FL. There are 7 zips within Hialeah, FL; 33013 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions33012 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Hialeah, FL. Auction homes and other auction properties account for 0.06% of all properties in Hialeah, FL. There are 7 zips within Hialeah, FL; of those zips, the median estimated home value for homes going to auction ranges from $824,891 in 33018 to the lowest value of $220,092 in 33018.
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Guide for Hialeah, FL
The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.
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