33033, Homestead, FL

The 33033 zip code of Homestead, FL has a median home value of $211,000 and a median home equity value of $137,000. The average home in the 33033 zip code was built in 1988 and has an estimated value of $236,000. Home prices have increased by 5.5% over the past year and are projected to increase by another 7% over the next year.

The 33033 zip code is made up of primarily single-family homes. There are a total of 1,906 homes in the 33033 zip code with an average size of 2 bedrooms and 2 bathrooms. The majority (86%) of homes in the 33033 zip code are owner-occupied while 14% are rented. Approximately one-third (34%) of all households in the 33033 zip code have children under 18 living with them, which is lower than average for Florida's largest cities. The percentage of families with children under 18 is also below average for Homestead but above average for Miami-Dade County as a whole.

One factor that may be contributing to increased home values in the 33033 zip code is its low unemployment rate – 4%. In addition, there is strong demand for housing due to increasing population growth within Miami-Dade County – it is projected that the population will grow by almost 100,000 people over the next decade. This growth will likely result in even more demand for housing near employment centers and within desirable neighborhoods such as those found in the 33033 zip code