LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+2.5%|Austin · TXMedian List$550K-1.0%|Baltimore · MDMedian List$225K-6.3%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$859K+3.4%|Charlotte · NCMedian List$430K-0.1%|Chicago · ILMedian List$426K+9.3%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.6%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$449K-0.1%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$569K+1.6%|Detroit · MIMedian List$105K-2.8%|Duval County · FLMedian List$297K-2.3%|El Paso · TXMedian List$260K+3.7%|Fort Worth · TXMedian List$332K-2.1%|Franklin County · OHMedian List$320K+3.2%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$340K+0.6%|Indianapolis · INMedian List$260K+2.3%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$309K-2.1%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$240K+4.3%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$440K-1.1%|Los Angeles · CAMedian List$950K-0.5%|Louisville · KYMedian List$275K0.0%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$202K+2.5%|Mesa · AZMedian List$450K-3.1%|Milwaukee · WIMedian List$243K+5.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$480K+1.0%|New York · NYMedian List$899K+0.5%|Oklahoma City · OKMedian List$275K-0.6%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$249K+0.3%|Phoenix · AZMedian List$480K0.0%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$640K-6.0%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$236K-1.2%|San Diego · CAMedian List$994K+4.2%|San Francisco · CAMedian List$1.4M+1.7%|San Jose · CAMedian List$1.3M-11.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$874K-2.8%|Shelby County · TNMedian List$259K-2.4%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 33161 sells for about $582,000, or $395 per square foot.

Prices are down 6.7% from a year ago, which gives buyers more room to negotiate. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,611 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 33161 — North Miami

Miami-Dade County →refreshed Sep 30, 20262 cycles retainednext refresh Oct 30, 2026
Market mood · cautious

The 33161 housing market is currently experiencing a cooling phase, with a median price of $582,000 and a year-over-year decline of 6.7%. High inventory levels relative to sales volume have shifted the market toward a buyer's advantage, with homes spending an average of 52 days on the market. Market activity is driven by broader economic pressures and a stabilization of prices following previous rapid growth.

Who this ZIP fits

This ZIP is well-suited for commuters and families seeking more affordable housing options compared to coastal Miami, as well as investors targeting the steady rental demand in the North Miami area.

Parent geography
North Miami · no city intel reportMiami-Dade County →Florida state →
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 14.2 km²Water area · 0.1 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$582,000
-6.7% year over year
Corroborated · 1 anchor · 0% off nearest
Days on market
52 days
Active listings
126
Listings with price cuts
18%
share of active listings
Sale-to-list ratio
97%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
50
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
16
Growth/100

Median prices moved down 6.7% year over year.

53
Liquidity/100

Homes spend a median of 52 days on market with 6.3 months of supply — a balanced-paced market.

65
Momentum/100

18% of listings have cut prices · homes sell at 97% of asking — demand is running ahead of supply.

64
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 19.5% — a mixed stability profile.

Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$200,000$400,000$600,000$800,000$1,000,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Property tax · ten-year history

Median annual property tax paid on this ZIP's residential parcels

2016201720182019202020212022202320242025202620282030$2,000$3,000$4,000$5,000$6,000

Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.

Census trends · population flowsACS 2024 5-year estimates
Population change
+1.2%

versus the prior ACS vintage

Population base
54,814

ZCTA 33161, Miami-Dade County FL

Area context
Crime & safety

Crime rates in the North Miami area are generally higher than the national average, with property crime being the most frequently reported issue in the region.

Schools & education

Schools serving the 33161 area are part of the Miami-Dade County Public Schools system, which features a mix of magnet programs and traditional public schools with varying performance ratings.

Environmental & hazard

The area faces significant risks from tropical storms and hurricanes, necessitating high wind-insurance premiums and adherence to strict flood-zone building codes.

Growth & development

Economic momentum is driven by proximity to the Miami employment core and ongoing redevelopment projects along the Biscayne Corridor and North Miami's downtown district.

Taxation

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.

Transportation & commute

Residents typically commute via I-95 or Biscayne Boulevard toward downtown Miami or Fort Lauderdale, with transit options provided by Miami-Dade Transit bus routes.

Recreation & amenities

The area features access to Oleta River State Park, various local community parks, and proximity to the shopping and dining districts of North Miami and nearby Aventura.

Rental market

The rental market is characterized by high demand and steady rent growth, with a significant presence of multi-family apartment complexes and individual investor-owned units.

Economy & employers

The local economy is anchored by retail, healthcare, and service industries, with many residents commuting to the broader Miami-Fort Lauderdale employment hub.

Transportation & infrastructure

The area is served by major highway corridors including I-95 and US-1, with public transit provided by the Miami-Dade bus network.

Development pipeline

Development is focused on infill projects and the revitalization of older commercial properties along the primary transit corridors.

County appraisal district

The Miami-Dade County Property Appraiser manages assessments, with values updated annually based on market sales and property improvements.

Special districts

Parcels are subject to Miami-Dade County school district taxes and various municipal service district levies.

Insurance & hazard market

Property insurance premiums are high due to hurricane exposure, with many residents relying on the state-backed Citizens Property Insurance Corporation.

Discovery profileACS 2024 5-year estimates
Census profile · ZCTA 33161, Miami-Dade County FL
Population
54,814
Median age
38.1 yrs
Owner-occupancy
42.1%
Median home value
$325,000
Median gross rent
$1,450
Median household income
$58,325
Median year built
1965
Vacancy rate
8.2%
Renter share
57.9%
Owner cost burden
32.5%
Renter cost burden
48.2%
Population change
+1.2%
Work-from-home share
12.4%
Mean commute
34.2 min
Bachelor's or higher
22.1%
Unemployment
6.8%
Poverty rate
19.5%
Avg household size
2.8
White
35.2%
Black or African American
42.8%
Hispanic or Latino
18.5%
Other
3.5%

Data retrieved from Census Reporter and ACS 2024 profiles.

Public schools with an address here · 2

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.

North Miami Senior High SchoolHighCMiami-Dade County Public SchoolsServes the local high school population.
Natural Bridge ElementaryElementaryBMiami-Dade County Public SchoolsLocal elementary school serving the neighborhood.
School districts
Miami-Dade County Public SchoolsBLarge urban district serving the entire county with diverse magnet and specialized programs.
Utilities & services
ElectricFlorida Power & LightPrimary provider for the region.
Water/SewerMiami-Dade Water and SewerMunicipal utility service.
InternetAT&T / XfinityMajor broadband providers in the area.
Major employers & industries
Jackson North Medical CenterHealthcareMajor regional employer.
Florida International University (Biscayne Bay Campus)EducationSignificant local economic anchor.
Major amenities · ZIP 33161
Theme, amusement & water parks
20+ · 20 mi
Entertainment venues, stadiums & amphitheaters
14 · 20 mi
Family fun & things to do
19 · 13 mi
Museums, galleries & history
20+ · 20 mi
Parks, trails & nature
20+ · 13 mi
Lakes, marinas & beaches
19 · 20 mi
Golf
17 · 13 mi
Shopping & dining districts
7 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Oleta River State Park
Park

Florida's largest urban park featuring kayaking, trails, and picnic areas.

North Miami Public Library
Library

Community resource center serving the local population.

Biscayne Boulevard
Shopping/Dining

Major commercial corridor with diverse retail and restaurant options.

On the horizon · announced & under construction
Biscayne Corridor RedevelopmentMixed-useOngoingMulti-phase project aimed at increasing density and commercial space along the main thoroughfare.
Sources · 4 cited

Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).