Home Values

33109 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$3,106,900

  • 7.1% 1-year change
  • 0.9% 1-year forecast

The median home value in 33109 is $3,106,900. 33109 home values have gone up 7.1% over the past year and Zillow predicts they will rise 0.9% within the next year.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 33109 homeowners underwater on their mortgage is 8.6%, which is lower than Miami Beach at 12.8%.

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Relative ZHVI
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33109 Market Overview

Data through Jun 30, 2015
  • $3,106,900 ZHVI
  • 0.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Jun 30, 2016)
  • No data Median listing price
  • No data Median sale price
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33109 Market Health

Data through Jun 30, 2015
  • 6.6/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 8.6% Homes with negative equity (15.4% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.0% US Avg)
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Nearby Zip Codes

Name Median ZHVI
33149 $1,043,300
33131 $434,900
33140 $433,400
Name Median ZHVI
33129 $409,600
33132 $393,800
33139 $330,800
Name Median ZHVI
33137 $318,500
33130 $307,100
33128 $107,600

Listings & Sales

  • No data
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33109 Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $12,576 33109
    $2,379 Miami Beach
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 18.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • $5.95 Rent list price / sq ft
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