33186, Miami, FL

The 33186 zip code of Miami, FL is one of the most populous and affluent zip codes in the United States. Home values in this zip code have increased significantly over the past several years, making it one of the most desirable areas to live in Florida.

According to Zillow, the median home value in this zip code was $1,078,200 as of September 2017. This represents a growth rate of 9.5% over the past year and a growth rate of 21% over the past five years. In addition, Zillow reports that as of September 2017 there were 97 homes for sale in this zip code and only 6 homes were listed for sale at a price below $500,000. This indicates that demand for properties in this area is very high and there are plenty of opportunities for buyers to find a home that meets their needs.

One reason why home values have increased so much in this area is because there are many amenities available nearby. The 33186 zip code is located close to some of Miami's top attractions such as South Beach and Wynwood Arts District. Additionally, many businesses and restaurants are located within walking distance from homes in this area which makes it easy for residents to get everything they need without having to drive long distances.

Overall, it appears that homeownership rates in this area are high which has contributed to increasing home values over time. Additionally, demand from buyers seems to be very strong which suggests that people who live here are happy with their current situation and believe that prices will continue to rise in the future.