The story of this market
The typical home in ZIP 33168 sells for about $492,500, or $337 per square foot.
Prices are down 5.8% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,629 a month.
ZIP 33168 — North Miami
The 33168 housing market is currently experiencing a cooling phase, evidenced by a decline in year-over-year prices and an increase in days on market. Buyers are gaining leverage as inventory levels stabilize and sellers adjust to a less competitive environment compared to the previous year.
This ZIP is well-suited for commuters and families seeking relatively more affordable housing options within the Miami-Dade metropolitan area compared to coastal luxury markets.
Median prices moved down 5.8% year over year.
Homes spend a median of 49 days on market with 3.5 months of supply — a fast-moving market.
7% of listings have cut prices · homes sell at 93% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 15.7% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 33168, Miami-Dade County, FL
Crime rates in the area are generally higher than the national average, with property and violent crime trends remaining a primary concern for local law enforcement in the North Miami vicinity.
Schools serving the area are part of the Miami-Dade County Public Schools district, with performance ratings varying significantly across individual neighborhood campuses.
The area faces significant exposure to hurricane-force winds and localized flooding, leading to high property insurance premiums and strict building code requirements.
Economic momentum is driven by proximity to the Miami employment core and ongoing redevelopment efforts in North Miami, though large-scale industrial expansion is limited by land availability.
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 face a 30-45 minute commute to downtown Miami or the airport via I-95 or public transit corridors, which experience heavy congestion during peak hours.
The area features access to local parks and community centers, with proximity to the Oleta River State Park and various shopping districts along Biscayne Boulevard.
The rental market is characterized by high demand and limited vacancy, with a significant presence of long-term residential investors and some short-term rental activity.
The local economy is anchored by the broader Miami-Dade service, tourism, and logistics sectors, with significant employment hubs located in nearby North Miami and downtown Miami.
The area is served by major highway corridors including I-95 and the Florida Turnpike, with limited but functional public bus transit provided by Miami-Dade Transit.
Development activity is focused on infill residential projects and the revitalization of older commercial corridors within the North Miami municipal boundaries.
The Miami-Dade County Property Appraiser manages assessments, utilizing a mass appraisal system that is subject to annual adjustments based on market sales data.
Parcels are subject to Miami-Dade County public school taxes, municipal taxes, and various special taxing districts for fire, rescue, and flood control services.
Property insurance remains a critical cost factor due to high wind-storm risk, with many residents relying on the state-backed Citizens Property Insurance Corporation.
Data retrieved from data.census.gov 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 Island4.17.4 mi
- Paradox Museum Miami4.86.3 mi
- C.B. Smith Park4.611 mi
- Dave & Buster's Hollywood4.110.8 mi
- Tidal Cove4.26.5 mi
- Hard Rock Stadium4.65.1 mi
- Bayside Marketplace4.57.9 mi
- Kaseya Center4.77.6 mi
- Wynwood Walls4.76.1 mi
- LoanDepot Park4.57.7 mi
- Bayside Marketplace4.57.9 mi
- Wynwood Walls4.76.1 mi
- Vizcaya Museum & Gardens4.710 mi
- Bayfront Park4.78 mi
- Phillip & Patricia Frost Museum of Science4.47.3 mi
- Wynwood Walls4.76.1 mi
- Vizcaya Museum & Gardens4.710 mi
- Phillip & Patricia Frost Museum of Science4.47.3 mi
- MUSEUM OF ICE CREAM4.67.5 mi
- Pérez Art Museum Miami4.57.3 mi
- Wynwood Walls4.76.1 mi
- Bayfront Park4.78 mi
- South Pointe Park Pier4.810 mi
- Haulover Nude Beach4.85.7 mi
- South Pointe Park4.89.6 mi
- Bayside Marketplace4.57.9 mi
- Venetian Marina & Yacht Club4.67 mi
- Mykonos Kitchen and Bar4.55.6 mi
- Island Gardens Marina4.67.5 mi
- Haulover Marine Center4.55.5 mi
- Topgolf Miami Gardens4.33 mi
- Normandy Shores Golf Course4.54.5 mi
- Miami Shores Country Club4.42.4 mi
- Riviera Country Club4.712 mi
- Puttery4.86 mi
- Aventura Mall4.66.1 mi
- Dolphin Mall4.612.9 mi
- Brickell City Centre4.78.5 mi
- Bayside Marketplace4.57.9 mi
- Miami International Mall4.512.1 mi
- Miami International Airport3.98.2 mi
- Miami-Opa Locka Executive Airport4.64 mi
- Fort Lauderdale Executive Airport4.521.6 mi
- Miami Executive Airport4.521.6 mi
- Banyan Air Service4.721.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Florida's largest urban park offering kayaking, trails, and picnic areas.
Major commercial corridor providing diverse retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.