dynamic.RE
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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +3.2% YoY. inventory, −10.2% YoY, is the number to watch.
The median listing price is up 3.2% YoY while the median home got up 2.9% bigger, so value per square foot is down 1.1%.
U.S. Census ACS characteristics for ZIP 33016 itself, not its parent county.
Renters hold 51.4% of this ZIP's 15,602 occupied households, on a median household income of $58K.
| Measure | ZIP 33016 | Miami-Dade County | Difference |
|---|---|---|---|
| Median Household Income | $58K | $72K | -$13K |
| Below Poverty Level | 15.8% | 14.7% | +1.1% |
| Median Age | 44.10 | 40.70 | +3.40 |
| Total Population | 45,551 | 2,738,356 | -- |
| Avg Household Size | 2.90 | 2.76 | +0.14 |
| Owner-Occupied | 48.6% | 52.2% | -3.7% |
| Worked From Home | 10.1% | 14.0% | -3.9% |
| Mean Commute | 30.70 | 30.90 | -0.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 2.0% to 2,738,356: residents under 18 are up 1.4% and those 65 and over are up 2.6%.
County median household income is $72K, 14.7% of residents are below the poverty level, 14.0% work from home.