$5,344 Closing Credit*
$449,999
1,080 SqFt
3 Beds
•2 Full Baths
Lis Pintado, Listing Office: United Realty Group Inc
Is Hialeah Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Hialeah Gardens was a Seller's Market.
Key Takeaway
Hialeah Gardens is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hialeah Gardens, FL
How much do homes in Hialeah Gardens, FL cost?
Median Sold Price
$355,000
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$75,000(-17.4%)
Key Takeaway
Homes in Hialeah Gardens have sold for 17.4% less than they did a year ago.
Summary: The median home sold price in Hialeah Gardens was $355,000 in August 2024, down 17.4% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $208K | +23.1% |
| 2 Bedrooms | $253.2K | $272.5K | +7.6% |
| 3 Bedrooms | $465K | $485K | +4.3% |
| 4 Bedrooms | $587.5K | $560K | -4.7% |
| 5+ Bedrooms | $1.6M | $1.8M | +13.5% |
Summary: Hialeah Gardens housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| North Westside | $439.3K | $486.3K | +10.7% |
| Hialeah | $425.3K | $457.2K | +7.5% |
| Hialeah Gardens | $430K | $355K | -17.4% |
Housing Supply in Hialeah Gardens, FL
How many homes are available in Hialeah Gardens, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Hialeah Gardens real estate market had 52 homes for sale in August 2024, a 2.0% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 22 | 19 | -13.6% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Hialeah Gardens housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hialeah Gardens, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hialeah Gardens in August 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Hialeah Gardens, FL
How long does it take to sell a home in Hialeah Gardens, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 23 Days | 28 Days | +19.7% |
Summary: Homes in Hialeah Gardens had an average of 28 days on market in Aug 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hialeah Gardens are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in Hialeah Gardens; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.