Is Hialeah, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hialeah is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Hialeah has remained a Seller's Market.

Key Takeaway

Hialeah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hialeah, FL cost?

Median Sold Price

$364,800

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$54,981(+17.7%)

Key Takeaway

Homes in Hialeah have sold for 17.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $132.5K$151.1K
+14.1%
2 $185K$217.5K
+17.6%
3 $350K$415K
+18.6%
4 $410K$465K
+13.4%
5+ $448K$512.5K
+14.4%

Median Sold Price Compared To Nearby Cities

Miami Springs
+27.9%
Miami Lakes
+21.0%
Hialeah
+17.7%
Hialeah Gardens
+1.6%

How many homes are available in Hialeah, FL?

Number of Homes For Sale

May 2022Jun 2022%
412442+7.3%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 2420
-16.7%
2 120125
+4.2%
3 173190
+9.8%
4 7275
+4.2%
5+ 2332
+39.1%

Number of Homes Sold

May 2022Jun 2022%
10594-10.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

41 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hialeah, you could pay more than the asking price. 43.6% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
27 Days30 Days+11.3%

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hialeah are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hialeah, FL

There are 442 homes are for sale in Hialeah, FL real estate market. Between May 2022 and June 2022, Hialeah, FL real estate market has seen increase in the number of listings by 7.3%. In June 2022, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $364,800. This housing market listing prices have changed between May 2022 and June 2022: the cost of 1 bedroom properties went up by 14.1%, the cost of 2 bedrooms properties went up by 17.6%, 3 bedrooms properties became 18.6% more expensive, prices of 4 bedrooms properties went up by 13.4%, 5 bedrooms properties became 14.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes went down by 16.7%, volume of 2 bedrooms homes went up by 4.2%, 3 bedrooms homes inventory increased by 9.8%, the quantity of 4 bedrooms homes went up by 4.2%, 5 bedrooms homes inventory increased by 39.1%. While more than 41 listings in Hialeah, FL in June 2022 were sold above asking price, there were more than 14 listings sold at asking price, and more than 39 were sold below.

Related Housing Market Reports