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North Miami-Dade News

Thursday, November 14, 2024

Falling home prices in Hialeah in August 2021

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The median sale price of a home sold in August 2021 in Hialeah fell by $24,200 while total sales increased by 1253.8%, according to BlockShopper.com.

In August 2021, there were 176 homes sold, with a median sale price of $275,800 - a 8.1% decrease over the $300,000 median sale price for the same period of the previous year. There were 13 homes sold in Hialeah in August 2020.

The median sales tax in Hialeah for the most recent year with available data, 2019, was $2,396, approximately 0.9% of the median home sale price for August 2021.

The following table compares Hialeah to other Miami-Dade County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Miami Lakes4514400%$315,000$305,0003.3%
Sweetwater60-$279,000$0-
North Bay Village310-$278,000$0-
Miami Gardens13043150%$277,500$322,500-14%
North Miami Beach8218100%$276,500$360,000-23.2%
Hialeah176131253.8%$275,800$300,000-8.1%
Opa-Locka70-$269,900$0-
Homestead13391377.8%$265,000$210,00026.2%
North Miami899888.9%$265,000$335,000-20.9%
Brownsville180-$241,000$0-
Florida City100-$205,500$0-

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