The story of this market
The typical home in ZIP 33167 sells for about $467,361, or $350 per square foot.
Prices are down 2.4% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,425 a month.
ZIP 33167 — North Miami
The 33167 housing market shows signs of stabilization with a median home value of $467,361, reflecting a slight year-over-year decline. While inventory remains tight, the market is supported by steady demand for affordable housing options in the Miami area. Rental demand remains strong, with median rents significantly above the national average.
This ZIP is well-suited for families and commuters seeking relatively more affordable housing options within the Miami metropolitan area compared to coastal luxury markets.
Median prices moved down 2.4% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 22.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33167, Miami-Dade County, FL
Crime rates in the area are generally higher than the national average, consistent with regional trends in northern Miami-Dade County.
Schools serving the area are primarily part of the Miami-Dade County Public Schools district, with performance ratings varying significantly by specific school site.
The area is subject to tropical storm and hurricane wind risks, as well as localized flood risks common to low-lying South Florida geography.
Economic momentum is driven by proximity to Miami's employment hubs and modest infill development, including small-scale multi-family residential projects.
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 typically commute via I-95 or the Palmetto Expressway toward downtown Miami and other major employment centers in the county.
The area features local neighborhood parks and is within a short drive of larger regional recreational facilities and shopping centers in North Miami.
The rental market is characterized by high demand and rising rents, with a mix of long-term residential rentals and some investor-owned properties.
The local economy is supported by a mix of retail, service, and light industrial sectors, with many residents commuting to the broader Miami-Dade employment market.
The area is served by major highway corridors including I-95 and the Palmetto Expressway, facilitating regional transit.
Development is primarily focused on infill residential projects and small-scale commercial improvements.
The Miami-Dade County Property Appraiser manages assessments, utilizing a market-value approach subject to Save Our Homes caps for primary residences.
Parcels are subject to Miami-Dade County, municipal, and school district taxes, along with potential special assessments for utility or flood control services.
Property insurance premiums are elevated due to regional hurricane and flood risk exposure, requiring comprehensive coverage.
Data retrieved from U.S. Census Bureau ZCTA-level tables.
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 Island4.17.7 mi
- Paradox Museum Miami4.86.4 mi
- C.B. Smith Park4.610.4 mi
- Dave & Buster's Hollywood4.111.8 mi
- Tidal Cove4.28.2 mi
- Hard Rock Stadium4.65.2 mi
- Bayside Marketplace4.58 mi
- Kaseya Center4.77.7 mi
- Wynwood Walls4.76.1 mi
- LoanDepot Park4.57.3 mi
- Bayside Marketplace4.58 mi
- Wynwood Walls4.76.1 mi
- Vizcaya Museum & Gardens4.79.7 mi
- Bayfront Park4.78.1 mi
- Phillip & Patricia Frost Museum of Science4.47.4 mi
- Wynwood Walls4.76.1 mi
- Vizcaya Museum & Gardens4.79.7 mi
- Phillip & Patricia Frost Museum of Science4.47.4 mi
- MUSEUM OF ICE CREAM4.67.5 mi
- Pérez Art Museum Miami4.57.4 mi
- Wynwood Walls4.76.1 mi
- Bayfront Park4.78.1 mi
- Tropical Park4.712.1 mi
- South Pointe Park Pier4.810.6 mi
- Haulover Nude Beach4.87.7 mi
- Venetian Marina & Yacht Club4.67.2 mi
- Island Gardens Marina4.67.8 mi
- Mykonos Kitchen and Bar4.57.6 mi
- Haulover Marine Center4.57.5 mi
- Pelican Harbor Marina4.55 mi
- Topgolf Miami Gardens4.33.9 mi
- Topgolf Miami - Doral4.211.3 mi
- Normandy Shores Golf Course4.56.1 mi
- Riviera Country Club4.711 mi
- Miami Shores Country Club4.44 mi
- Dolphin Mall4.611 mi
- Aventura Mall4.67.8 mi
- Brickell City Centre4.78.5 mi
- Bayside Marketplace4.58 mi
- Miami International Mall4.510.3 mi
- Miami International Airport3.96.9 mi
- Miami-Opa Locka Executive Airport4.62.6 mi
- Fort Lauderdale Executive Airport4.522.3 mi
- Miami Executive Airport4.520.1 mi
- Banyan Air Service4.721.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides essential green space and recreational facilities for residents.
Offers a variety of retail and dining options within a short drive.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).