The story of this market
The typical home in ZIP 33183 sells for about $399,168, or $342 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,965 a month.
ZIP 33183 — Miami
The 33183 housing market is currently cooling, with a median sale price of $399,168 and a moderate supply of 2.4 months. Market activity is characterized by a slight year-over-year price decline and a high share of price cuts, reflecting a shift toward a more balanced environment for buyers. Data for specific metrics like active inventory and sales counts are based on recent market reports, while demographic figures are sourced from the latest ACS estimates.
This ZIP is well-suited for families and long-term residents seeking established suburban housing in Miami-Dade, offering a balance of residential density and access to regional employment hubs.
Median prices moved down 2.1% year over year.
Homes spend a median of 66 days on market with 2.4 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 11.4% — 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 5.6%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 33183, Miami-Dade County, FL
The area is served by Miami-Dade County Public Schools, with performance varying by specific school site; local educational attainment shows approximately 31% of adults holding a bachelor's degree or higher.
The area faces significant wind and flood exposure typical of the Miami-Dade region, necessitating robust property insurance coverage.
Economic momentum is driven by the broader Miami-Dade service and trade sectors, with limited new large-scale development within the established residential footprint of 33183.
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 private vehicles for commuting, with access to major corridors like the Florida Turnpike and SR 874 providing connections to the Miami employment core.
The area features local community parks and proximity to the Kendale Lakes neighborhood amenities, with shopping and dining options concentrated along major arterial roads.
The rental market is characterized by steady demand and moderate vacancy pressure, with rents reflecting the broader Miami-Dade cost-of-living trends.
The local economy is integrated into the Miami-Dade County labor market, with major employment sectors including healthcare, retail, and professional services.
The area is served by a network of arterial roads and highways, with limited public transit options compared to the urban core.
Development is primarily infill-focused, with no major large-scale infrastructure projects currently reported within the ZIP boundaries.
The Miami-Dade County Property Appraiser manages assessments, utilizing a mass appraisal system to determine market value for tax purposes.
Parcels are subject to Miami-Dade County general taxes, school district levies, and various special taxing districts for water management and fire services.
Property insurance premiums in this region are high due to hurricane and flood risk, with many residents relying on the state-backed Citizens Property Insurance Corporation.
Data retrieved from U.S. Census Bureau ACS 5-Year Estimates.
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 Island4.115.6 mi
- Everglades Safari Park4.414.5 mi
- Paradox Museum Miami4.814.9 mi
- Christmas Wonderland - Miami3.55.9 mi
- K1 Speed Miami4.412 mi
- Bayside Marketplace4.514.8 mi
- Kaseya Center4.714.8 mi
- Wynwood Walls4.714.7 mi
- LoanDepot Park4.512.9 mi
- Bayfront Park4.714.7 mi
- Zoo Miami4.55.9 mi
- Vizcaya Museum & Gardens4.712.6 mi
- Tropical Park4.75.4 mi
- Magic City Casino3.910.8 mi
- Fairchild Tropical Botanic Garden4.88.4 mi
- Wynwood Walls4.714.7 mi
- Vizcaya Museum & Gardens4.712.6 mi
- Phillip & Patricia Frost Museum of Science4.414.9 mi
- MUSEUM OF ICE CREAM4.614.6 mi
- Pérez Art Museum Miami4.515 mi
- Zoo Miami4.55.9 mi
- Tropical Park4.75.4 mi
- Fairchild Tropical Botanic Garden4.88.4 mi
- Doral Central Park4.68.5 mi
- Matheson Hammock Park & Marina4.59.3 mi
- Bayside Marketplace4.514.8 mi
- Black Point Park and Marina4.611.8 mi
- Miami Beach Marina4.717.3 mi
- Dinner Key Marina4.510.8 mi
- Venetian Marina & Yacht Club4.615.2 mi
- Topgolf Miami - Doral4.26.9 mi
- Riviera Country Club4.78.4 mi
- Miccosukee Golf & Country Club4.31.5 mi
- Deering Bay Yacht & Country Club4.78.1 mi
- Granada Golf Course4.69 mi
- Dolphin Mall4.66.6 mi
- Dadeland Mall4.65.8 mi
- Miami International Mall4.56.8 mi
- The Falls4.65.4 mi
- Mall of The Americas4.47.5 mi
- Miami International Airport3.910.2 mi
- Miami-Opa Locka Executive Airport4.617.1 mi
- Miami Executive Airport4.53.5 mi
- Ocean Reef Club4.327.6 mi
- Hialeah Executive Motel3.511.7 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.
Provides community resources and educational programming.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).