The story of this market
The typical home in ZIP 33175 sells for about $668,000, or $358 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,022 a month.
ZIP 33175 — Miami
The 33175 housing market remains stable with steady demand for single-family homes, supported by the area's central location and family-oriented amenities. While inventory remains tight, price growth has moderated compared to previous years, reflecting broader market trends. Buyers are active, though affordability remains a key factor for many households in the current interest rate environment.
This ZIP code is ideal for family buyers and professionals seeking a suburban lifestyle with convenient access to Miami's urban core. It appeals to those looking for established neighborhoods with proximity to schools, shopping, and major transit arteries.
Median prices moved up 4.2% year over year.
Homes spend a median of 45 days on market with 3.1 months of supply — a fast-moving market.
12% 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 3.9% · poverty 10.5% — a stable, low-distress 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 8.4%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 33175, Miami-Dade County, FL
Crime rates in the Olympia Heights area are generally consistent with broader Miami-Dade County trends, with property crime being the primary concern. Residents are encouraged to utilize local police resources and community watch programs.
Schools serving the 33175 ZIP code are part of the Miami-Dade County Public Schools district, which offers a mix of magnet and traditional programs. Performance varies by specific school, with several institutions maintaining strong academic ratings.
The area is subject to hurricane and tropical storm risks common to South Florida, necessitating adherence to strict building codes and flood insurance requirements. FEMA flood maps should be consulted for specific parcel-level risk.
The area benefits from its proximity to major employment hubs in Kendall and Downtown Miami, with ongoing infill development and commercial revitalization along major corridors like Bird Road.
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.
Commuters typically rely on the Palmetto Expressway (SR 826) and Florida's Turnpike for access to major employment centers in Downtown Miami and Doral. Public transit options include Miami-Dade Transit bus routes connecting to the Metrorail system.
The area features several local parks and is within short driving distance of major shopping destinations like Dadeland Mall and various community golf courses. Residents have access to extensive trail networks and recreational facilities managed by the county.
The rental market is characterized by high demand and steady rent growth, driven by the area's central location and family-oriented amenities. Vacancy rates remain low, with a mix of long-term rentals and some investor-owned properties.
The local economy is anchored by healthcare, retail, and professional services, with significant employment opportunities in the nearby Kendall and Doral business districts. The area serves as a residential base for a diverse workforce employed throughout Miami-Dade County.
The area is well-served by major highway corridors including the Palmetto Expressway and Florida's Turnpike, facilitating regional connectivity. Public transit is provided by Miami-Dade Transit bus services, with limited direct rail access.
Development is focused on infill projects and the modernization of existing commercial centers to better serve the growing population. No major large-scale master-planned communities are currently under construction within the ZIP.
The Miami-Dade County Property Appraiser is responsible for the assessment of all real property, utilizing mass appraisal techniques to determine market value for tax purposes.
Parcels are subject to Miami-Dade County taxes, school district levies, and various municipal service taxing units for fire, police, and waste management services.
Property insurance premiums in this region are influenced by high wind-risk exposure, leading to a competitive but costly market for homeowners coverage.
Florida continues to experience positive net domestic migration, driven by individuals relocating from other states for economic and lifestyle reasons.
Florida is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically results in longer timelines for lenders.
Sellers are required to provide a written disclosure of known material defects affecting the property's value, typically provided via a standard residential contract form.
Data retrieved from data.census.gov and local ZIP-level aggregators.
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 Island4.114.4 mi
- Everglades Safari Park4.414.2 mi
- Paradox Museum Miami4.813.5 mi
- Christmas Wonderland - Miami3.54.9 mi
- K1 Speed Miami4.49.3 mi
- Hard Rock Stadium4.618.3 mi
- Bayside Marketplace4.513.6 mi
- Kaseya Center4.713.6 mi
- Wynwood Walls4.713.2 mi
- LoanDepot Park4.511.6 mi
- Zoo Miami4.58.7 mi
- Vizcaya Museum & Gardens4.711.8 mi
- Tropical Park4.74.7 mi
- Magic City Casino3.99.3 mi
- Fairchild Tropical Botanic Garden4.88.9 mi
- Wynwood Walls4.713.2 mi
- Vizcaya Museum & Gardens4.711.8 mi
- Phillip & Patricia Frost Museum of Science4.413.6 mi
- MUSEUM OF ICE CREAM4.613.3 mi
- Pérez Art Museum Miami4.513.7 mi
- Zoo Miami4.58.7 mi
- Tropical Park4.74.7 mi
- Fairchild Tropical Botanic Garden4.88.9 mi
- Amelia Earhart Park4.612.7 mi
- Doral Central Park4.66 mi
- Bayside Marketplace4.513.6 mi
- Black Point Park and Marina4.614.3 mi
- Miami Beach Marina4.716.3 mi
- Dinner Key Marina4.510.2 mi
- Venetian Marina & Yacht Club4.613.9 mi
- Topgolf Miami - Doral4.24 mi
- Riviera Country Club4.77.7 mi
- Miccosukee Golf & Country Club4.32.7 mi
- Deering Bay Yacht & Country Club4.79.5 mi
- Granada Golf Course4.67.8 mi
- Dolphin Mall4.63.8 mi
- Dadeland Mall4.66.2 mi
- Miami International Mall4.54.1 mi
- The Falls4.67.3 mi
- Westland Mall4.410.5 mi
- Miami International Airport3.98.3 mi
- Miami-Opa Locka Executive Airport4.614.5 mi
- Miami Executive Airport4.56.3 mi
- Ocean Reef Club4.330.2 mi
- Hialeah Executive Motel3.59.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
A vibrant corridor featuring local galleries, shops, and diverse dining options.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).