Sell My House Fast in Hialeah, Florida with an iBuyer

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Hialeah Real Estate Market Overview

Average Monthly Rent:

$1,574

Percentage Change in Home Price/Value:

11.3%

Median Home Value:

$345,000

Best Time To Sell Home:

December

Affordability Index:

81

Days To Sell House:

75

Job Market:

Fair

Public School Ranking:

18

Location and Weather

Hialeah is a suburb of Miami that sits on a large prairie between Biscayne Bay and the Everglades. It’s a part of Miami-Dade County, and is the sixth largest city in Florida. Similar to many other areas of Miami, this is a populous Spanish city that provides its residents with a myriad of opportunities for recreation and leisure. Since Hialeah is in the northwest area of Miami, it’s less breezy than some of its neighboring cities and the heat can be stifling.

The most desirable months in terms of comfortability are January and December. On average, Hialeah gets 65 inches of rain per year.

Population, Job Market and Cost of Living

The population in this city is 228,533, with a declining growth rate of -0.70% annually. The job market has increased by 0.8% over the last year. In ten years, job growth is predicted to be 35.7%. The economic development in Hialeah is progressive, and one of its largest employers is the City of Hialeah. Service industry employment, retail, restaurants and national franchises support a large part of Hialeah’s job market as well. Located on Hialeah’s West 49th Street corridor alone is a variety of coffee shops, chain restaurants, steakhouses and the Westland Mall. Other large employers include G&R Electric, J. I. Kislak, Citrus Health Network and Simclar.

Living in Miami is expensive in comparison to other Florida cities, and Hialeah is no exception. Majority of this city is not walkable, resulting in transportation as one of the largest expenses for residents here.

Hottest Neighborhoods:

Andrews Park, Carole Anna Park, Central Hialeah, Deer Park, Downtown

Average Monthly Rent in Hialeah

The average monthly rent in Hialeah is $1,574 for an average apartment size of 788 sq. ft.

Change in Home Value and Median Home Value

There has been a 11.3% increase in Hialeah’s median home value over the last year. As of 2022, the median home value is $345,000.

Days to Sell a House

On average, homes in Hialeah sell after 75 days on the market.

Best Time to Sell a House in Hialeah

December is the best time to sell a home for the highest value in Hialeah. March is the best time to sell a home in the shortest amount of time.

Affordability Index

The affordability index in Hialeah is 81. This number indicates decreased affordability in this city.

Hialeah Public School Ranking

The top ranked public schools are Meadowland Elementary School, Palm Springs North Elementary School, Jose Marti Mast 6-12 Academy, Mater Gardens Academy Middle School, and Imater Preparatory Academy High School. This information derives from data measuring academic performance and equity.

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