33014, Hialeah, FL

Home Equity and Home Prices in the 33014 Zip Code of Hialeah, FL

The 33014 zip code of Hialeah, FL has a median home value of $167,000. This is significantly lower than the state median home value of $214,500. The majority of homes in this zip code are occupied by people who are middle-income or below. There is also a significant number of low-income households.

Despite the lower median home value, there is a significant disparity between the prices of homes in this zip code and those statewide. The average price per square foot for homes in this zip code is $128 while the statewide average price per square foot is $142. Additionally, there are a significantly higher number of homes available for sale in this zip code than statewide. There are currently 553 listings for sale compared to 471 statewide.

The reason that there is such a disparity between prices and availability may be due to several factors including:

-The lack of available land within this zip code

-The high demand for housing within this area

-High levels of poverty within this area