Hialeah Home Prices: $445K, Down 3.2% — 6 ZIPs Analyzed (2026)
$445,476. That’s what a typical home costs in Hialeah right now — and it’s falling. The city’s median home price dropped 3.2% over the past year, part of a steady slide that’s been underway since at least spring 2025.
Quick answer: The average home price in Hialeah, FL is $445,476 as of February 2026, down 3.2% year over year according to Zillow.
Current Home Prices in Hialeah
Hialeah sits within the Miami-Fort Lauderdale-Pompano Beach metro, one of the most watched housing markets in the country. Here’s the snapshot.
| Metric | Value |
|---|---|
| Median home price | $445,476 |
| Year-over-year change | -3.2% |
| Lowest ZIP code price | $294,324 |
| Highest ZIP code price | $554,237 |
| Number of ZIPs tracked | 6 |
| Data as of | February 2026 |
The spread between the cheapest and most expensive neighborhoods is about $260,000. That’s a wide gap for a city of this size, and it means your buying experience depends entirely on which part of Hialeah you’re shopping in.
A year ago, the median sat around $460,000. The 3.2% pullback translates to roughly $14,700 off the typical price. Not a crash. Not a correction. But a clear downward drift that buyers should pay attention to.
Prices peaked above $460K in the spring of 2025 and have declined in every single month since. The drops are small — a few hundred dollars here, a thousand there — but they’re consistent.
Hialeah Home Prices by Neighborhood
All six tracked ZIP codes in Hialeah show meaningful price differences. Here’s the full breakdown.
| ZIP Code | Median Home Value | Median Rent |
|---|---|---|
| 33016 | $294,324 | $2,507 |
| 33012 | $380,678 | $2,318 |
| 33015 | $394,528 | $2,368 |
| 33010 | $521,085 | $2,194 |
| 33018 | $528,004 | $2,766 |
| 33013 | $554,237 | $2,660 |
Most Expensive ZIPs
33013 leads at $554,237, nearly $109,000 above the city median, with rents to match at $2,660 per month. 33018 follows closely at $528,004 and has the highest rents in the city at $2,766. 33010 rounds out the top three at $521,085, though it carries the lowest rent of any Hialeah ZIP at $2,194 — a notable disconnect between home values and rental costs.
Most Affordable ZIPs
33016 is the clear bargain at $294,324, more than $150,000 below the city average. Interestingly, rents here are $2,507 — not the cheapest. 33012 at $380,678 and 33015 at $394,528 offer mid-range entry points, both with rents in the low-to-mid $2,300s.
Rent vs Buy in Hialeah
The average rent across Hialeah’s six tracked ZIPs is approximately $2,469 per month.
| ZIP Code | Monthly Rent | Home Price | Price-to-Rent Ratio |
|---|---|---|---|
| 33010 | $2,194 | $521,085 | 19.8 |
| 33012 | $2,318 | $380,678 | 13.7 |
| 33015 | $2,368 | $394,528 | 13.9 |
| 33016 | $2,507 | $294,324 | 9.8 |
| 33018 | $2,766 | $528,004 | 15.9 |
| 33013 | $2,660 | $554,237 | 17.4 |
A rough mortgage estimate on the city median of $445,476 — assuming 20% down, a 6.5% rate, and 30-year terms — puts the monthly payment around $2,250. Add property taxes, insurance (this is Florida, so budget generously), and maintenance, and you’re realistically looking at $2,900 to $3,200 per month.
That makes renting cheaper on a pure monthly-cost basis in most neighborhoods. The exception is 33016, where the price-to-rent ratio of 9.8 is low enough that buying could make financial sense faster than elsewhere.
If you’re weighing the decision, the math favors renting in the short term across most of Hialeah — unless you’re targeting the more affordable western ZIPs.
Population Growth and Migration
Hialeah is growing, but not at the pace of other Florida cities.
| Year | Population |
|---|---|
| 2020 | 222,418 |
| 2021 | 220,957 |
| 2022 | 223,562 |
| 2023 | 228,557 |
| 2024 | 235,388 |
The city added about 12,970 residents over four years, a 5.8% increase. There was a small dip in 2021, but growth picked up sharply in 2023 and 2024.
How does that compare to other Florida markets?
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| Port St. Lucie | 258,575 | 25.0% |
| Cape Coral | 233,025 | 19.2% |
| Miami | 487,014 | 10.0% |
| Orlando | 334,854 | 8.8% |
| Tampa | 414,547 | 6.7% |
| Hialeah | 235,388 | 5.8% |
Hialeah’s growth rate trails every city on this list. Port St. Lucie and Cape Coral are pulling people at four to five times the pace. Even Miami, right next door, grew nearly twice as fast.
Still, 5.8% growth with falling prices is an interesting combination. More people are moving in, but prices aren’t rising with them. That suggests supply is keeping up — or that the type of demand (renters vs. buyers) is shifting.
Hialeah Housing Market Trends
Here’s how prices moved month by month over the past year.
| Month | Avg Home Value | Low | High |
|---|---|---|---|
| Mar 2025 | $460,184 | $318,237 | $560,390 |
| Apr 2025 | $457,506 | $315,473 | $557,789 |
| May 2025 | $454,460 | $312,173 | $554,978 |
| Jun 2025 | $451,914 | $309,012 | $552,731 |
| Jul 2025 | $449,480 | $306,057 | $550,633 |
| Aug 2025 | $447,552 | $303,415 | $549,212 |
| Sep 2025 | $446,411 | $301,117 | $548,984 |
| Oct 2025 | $446,202 | $299,208 | $550,166 |
| Nov 2025 | $445,983 | $297,550 | $551,200 |
| Dec 2025 | $445,801 | $296,075 | $552,441 |
| Jan 2026 | $445,611 | $295,262 | $553,251 |
| Feb 2026 | $445,476 | $294,324 | $554,237 |
Twelve straight months of decline. No exceptions. But the pace is slowing. Between March and June 2025, prices fell about $2,000 per month. From October 2025 through February 2026, the monthly drops shrank to a few hundred dollars.
The floor of the market — the cheapest ZIP — fell from $318,237 to $294,324, a drop of nearly $24,000. The ceiling actually started rising again in late 2025. The most expensive ZIP went from $548,984 in September to $554,237 in February. The market is compressing from below while the top end stabilizes.
Is Hialeah a Good Place to Buy in 2026?
The numbers point to a cooling market that favors buyers more than it has in years.
A 3.2% annual decline means sellers are giving ground. Inventory pressure, rising insurance costs, and South Florida’s affordability crunch are all working in your favor if you’re looking to buy.
The strongest case for buying is in the affordable ZIPs. 33016 at $294,324 is remarkably cheap for the Miami metro area. You’re inside Miami-Dade County at a price point more common in Central Florida. The price-to-rent ratio there also suggests ownership costs can compete with renting.
The case for waiting: the trend is still down. Every month for a year, prices have fallen. The declines are getting smaller, which could signal a bottom forming — or it could just be a slowdown before another leg down.
If you need to live in Hialeah and plan to stay five-plus years, the current prices are defensible. If you’re speculating on short-term appreciation, the data doesn’t support that bet right now.
Hialeah Housing Market Outlook for 2026-2027
The 12-month trend shows a clear deceleration in price drops. The market lost about $2,700 per month from March to June 2025, but only $200 to $400 per month from November 2025 through February 2026.
If the current pace continues, Hialeah could see prices flatten by mid-2026. The monthly declines are approaching zero, and the high end of the market is already ticking upward.
The 3-month trend suggests the city median may settle somewhere in the $443,000 to $445,000 range over the next quarter. A full reversal back above $450,000 would require a meaningful shift in either rates, inventory, or demand — none of which the data currently signals.
Population growth at 5.8% provides a floor for demand, but South Florida’s insurance and tax environment continues to weigh on affordability. Expect a slow, sideways market rather than a sharp bounce.
Similar Markets in FL
If you’re shopping in Hialeah, these Florida cities offer useful comparisons.
- Pembroke Pines — a neighboring Broward County city that attracts many of the same buyers as Hialeah.
- Miramar — another Broward option close to the Miami-Dade line.
- Fort Lauderdale — for buyers willing to move north in the metro for different price points.
- Tampa — a popular Florida alternative for those priced out of the Miami metro entirely.
- Port Saint Lucie — the fastest-growing city on this list, with a very different price profile.
Frequently Asked Questions
What is the average home price in Hialeah?
The average home price in Hialeah is $445,476 as of February 2026. That figure represents the city-wide median across six tracked ZIP codes. Prices vary widely — from $294,324 in the 33016 ZIP to $554,237 in 33013.
Are home prices going up or down in Hialeah?
Prices are going down. Hialeah’s median fell 3.2% year over year, declining every month for the past 12 months. The rate of decline is slowing, with recent monthly drops under $500.
Is it cheaper to rent or buy in Hialeah?
Renting is cheaper on a monthly basis in most of Hialeah. The average rent is about $2,469 per month, while the estimated all-in cost of owning the median home is $2,900 to $3,200 per month. ZIP code 33016 is the one area where the buy-vs-rent math is closest.
What is the most affordable neighborhood in Hialeah?
ZIP code 33016 is the most affordable at $294,324, roughly $151,000 below the city median. Despite the low home prices, rents in 33016 run $2,507 per month — higher than three other Hialeah ZIPs.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.