The story of this market
The typical home in ZIP 33142 sells for about $355,000, or $270 per square foot.
Prices are down 8.4% from a year ago, which gives buyers more room to negotiate. Homes take about 44 days to sell. HUD's fair market rent for a two-bedroom is $1,366 a month.
ZIP 33142 — Miami
The residential housing market in ZIP 33142 is currently balanced with a neutral sentiment. Despite broader Miami-Dade volatility, 33142 exhibits a unique affordability profile where median sale prices have seen a slight softening year-over-year, providing a foothold for buyers.
Primarily fits value-oriented family buyers and commuters seeking proximity to the Miami urban core at a lower price point than the coastal or southern luxury submarkets.
Median prices moved down 8.4% year over year.
Homes spend a median of 44 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 93.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.0% · poverty 25.7% — a mixed stability profile.
ZCTA 33142, Miami-Dade County FL
Reported crime trends in the area generally align with high-density urban zones in Miami-Dade County; localized pockets experience higher-than-average incidents compared to suburban regional benchmarks.
Public schools serving the ZIP are part of the Miami-Dade County Public Schools district, which maintains a district-wide A rating, though individual schools within this specific ZIP generally serve as Tier 2 or Tier 3 facilities with proficiency levels below the state average.
The area is subject to standard South Florida hurricane and wind-damage risks; property insurance remains a significant factor in total housing costs due to the region's climate-vulnerability posture.
Development momentum is driven by proximity to the Miami employment core and urban infill projects; infrastructure investment focuses on transit connectivity and modernization of existing residential corridors.
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 rely on arterial roads and highway access such as SR 112 for transit to the Downtown Miami and Airport employment hubs.
The area provides access to local parks and community centers; major shopping and regional amenities are located within a 3-mile radius in adjacent Miami neighborhoods.
Rental market is characterized by high turnover and density; current average rent is 2,200, with significant competition for smaller multi-family units.
Mixed industrial, logistics, and service-sector economy heavily influenced by Miami International Airport and the surrounding logistics hub.
Residents primarily rely on arterial roads and highway access such as SR 112 for transit to the Downtown Miami and Airport employment hubs.
Moderate density development, with a focus on residential renovations and small-scale infill projects.
Subject to Miami-Dade County general, school, and municipal tax districts.
High-sensitivity region due to hurricane-exposure requirements; premiums are generally elevated in line with coastal Florida mandates.
Data retrieved from census.gov ZCTA profiles.
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 Island4.14.3 mi
- Paradox Museum Miami4.82.8 mi
- C.B. Smith Park4.614.9 mi
- Dave & Buster's Hollywood4.116.4 mi
- Tidal Cove4.212 mi
- Hard Rock Stadium4.610 mi
- Bayside Marketplace4.54.1 mi
- Kaseya Center4.73.8 mi
- Wynwood Walls4.72.5 mi
- LoanDepot Park4.52.6 mi
- Bayside Marketplace4.54.1 mi
- Wynwood Walls4.72.5 mi
- Vizcaya Museum & Gardens4.75 mi
- Bayfront Park4.74.1 mi
- Phillip & Patricia Frost Museum of Science4.43.6 mi
- Wynwood Walls4.72.5 mi
- Vizcaya Museum & Gardens4.75 mi
- Phillip & Patricia Frost Museum of Science4.43.6 mi
- MUSEUM OF ICE CREAM4.63.6 mi
- Pérez Art Museum Miami4.53.7 mi
- Wynwood Walls4.72.5 mi
- Bayfront Park4.74.1 mi
- Tropical Park4.78.1 mi
- South Pointe Park Pier4.87.5 mi
- Fairchild Tropical Botanic Garden4.89.6 mi
- Bayside Marketplace4.54.1 mi
- Miami Beach Marina4.76.7 mi
- Dinner Key Marina4.55.9 mi
- Venetian Marina & Yacht Club4.63.6 mi
- Island Gardens Marina4.64.2 mi
- Topgolf Miami Gardens4.38.5 mi
- Topgolf Miami - Doral4.29.5 mi
- Normandy Shores Golf Course4.56.5 mi
- Riviera Country Club4.76.3 mi
- Miami Shores Country Club4.45.4 mi
- Dolphin Mall4.69 mi
- Aventura Mall4.611.6 mi
- Brickell City Centre4.74.2 mi
- Bayside Marketplace4.54.1 mi
- Dadeland Mall4.69.6 mi
- Miami International Airport3.93.1 mi
- Miami-Opa Locka Executive Airport4.66.9 mi
- Fort Lauderdale Executive Airport4.527.1 mi
- Miami Executive Airport4.516.4 mi
- Banyan Air Service4.726.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides community-level green space and recreational programming.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).