The story of this market
The typical home in ZIP 33016 sells for about $477,450, or $322 per square foot.
Prices are up +1.43% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,883 a month.
ZIP 33016 — Hialeah
The residential market in ZIP 33016 is currently exhibiting balanced conditions. As of September 2026, the market reflects a stable equilibrium between supply and demand, with a median listing price of $324,000. High interest rates continue to impact affordability, and with approximately 21.4% of listings experiencing price cuts, sellers are increasingly required to align their expectations with current buyer capacity.
Fits families and long-term residents seeking established suburban neighborhoods with access to specialized magnet schools and moderate price points compared to central Miami.
Median prices moved up 1.4% year over year.
Homes spend a median of 87 days on market with 0.0 months of supply — a slower-moving market.
21% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.4% · poverty 15.8% — a stable, low-distress profile.
ZCTA 33016, Miami-Dade County, FL
The area experiences localized urban crime trends common to the Hialeah/Miami-Dade suburbs; specific data on regional comparison is not currently indexed as a unified trend report.
The area is served by Miami-Dade County Public Schools, featuring several high-performing charter and magnet options such as Jose Marti MAST 6-12 Academy and Mater Academy.
The region faces significant wind and flood risk typical of South Florida, necessitating robust property insurance coverage for wind and hurricane protection.
Development momentum is focused on mixed-use revitalization and modernization of existing infrastructure, particularly in the Hialeah-Miami Lakes submarket corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents primarily commute by car; average travel time is approximately 31 minutes toward Miami employment cores.
Nearby amenities include parks such as those in Miami Lakes, local golf courses, and various retail shopping districts within 3 miles.
High rental demand with a 51.4% renter share; rental market is currently seeing slight softening in price trajectory.
Industry mix includes healthcare, retail, and logistics/warehousing, anchored by proximity to the Miami metropolitan economy.
Ongoing focus on infill development, mixed-use multifamily projects, and transit-oriented upgrades.
Parcels are subject to Miami-Dade County and City of Hialeah ad valorem taxes; some may fall within specific special taxing districts for infrastructure/services.
High sensitivity to property insurance premiums due to windstorm/hurricane exposure.
Data retrieved from data.census.gov.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jungle Island4.112.4 mi
- Paradox Museum Miami4.810.9 mi
- C.B. Smith Park4.68.6 mi
- Dave & Buster's Hollywood4.114.8 mi
- Tidal Cove4.213.1 mi
- Hard Rock Stadium4.67.5 mi
- Bayside Marketplace4.512.3 mi
- Kaseya Center4.712 mi
- Wynwood Walls4.710.6 mi
- Amerant Bank Arena4.618.4 mi
- Bayside Marketplace4.512.3 mi
- Wynwood Walls4.710.6 mi
- Vizcaya Museum & Gardens4.712.8 mi
- Bayfront Park4.712.3 mi
- Phillip & Patricia Frost Museum of Science4.411.8 mi
- Wynwood Walls4.710.6 mi
- Vizcaya Museum & Gardens4.712.8 mi
- Phillip & Patricia Frost Museum of Science4.411.8 mi
- MUSEUM OF ICE CREAM4.611.7 mi
- Pérez Art Museum Miami4.511.8 mi
- Wynwood Walls4.710.6 mi
- Bayfront Park4.712.3 mi
- Tropical Park4.711.5 mi
- Amelia Earhart Park4.63.8 mi
- Flamingo Gardens4.712.6 mi
- Topgolf Miami Gardens4.38.3 mi
- Topgolf Miami - Doral4.27.6 mi
- Normandy Shores Golf Course4.512.1 mi
- Miami Shores Country Club4.410 mi
- Riviera Country Club4.712 mi
- Dolphin Mall4.67.8 mi
- Aventura Mall4.612.8 mi
- Brickell City Centre4.712.4 mi
- Bayside Marketplace4.512.3 mi
- Miami International Mall4.57.5 mi
- Miami International Airport3.97.7 mi
- Miami-Opa Locka Executive Airport4.64.3 mi
- Fort Lauderdale Executive Airport4.523.6 mi
- Miami Executive Airport4.517.8 mi
- Banyan Air Service4.723.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Various community parks located throughout the Hialeah and Miami Lakes periphery.
Multiple retail shopping districts within 3 miles of the ZIP code.
Key-figure check: median price diverges 32.1% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $324,000 (-32.1% vs the prior refresh cycle) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.