33157, Miami, FL

Miami, FL is a city that has seen a lot of growth in recent years. The population of Miami has increased by more than 100,000 people since 2010, and the city is expecting to see even more growth in the coming years. This has led to an increase in home prices and home equity in Miami.

According to Zillow, the median home value in Miami was $225,000 as of September 2017. This is up from $205,000 as of September 2016 and $190,000 as of September 2015. In addition, the number of homes sold in Miami during 2017 rose by 10% over 2016 levels. This suggests that there are plenty of buyers available for homes in the 33157 zip code of Miami.

The reason that home values have been increasing so much in Miami is likely due to several factors. First, there is an abundance of jobs available in the city which means that people can afford to buy homes here. Second, many people are moving to Miami because it is a very safe city which makes it an attractive place to live. Finally, there has been a lot of development happening in Miami which means that there are more new homes being built here than ever before.

While it's great that home values have been increasing so much in Miami over the past few years, it's important to remember that they could still go down if the market turns sour again. It's always important to consult with a real estate agent if you're interested in buying or selling a home here because they will be able to give you an accurate estimate of what your property's worth based on current market conditions