$4,750 Closing Credit*
$400,000
1,190 SqFt
3 Beds
•2 Full Baths
Jacqueline Michelle Cohen, Listing Office: LoKation
Is Hialeah Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Hialeah Gardens was a Seller's Market.
Key Takeaway
Hialeah Gardens is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hialeah Gardens, FL
How much do homes in Hialeah Gardens, FL cost?
Median Sold Price
$355,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$40,000(-10.1%)
Key Takeaway
Homes in Hialeah Gardens have sold for 10.1% less than they did a year ago.
Summary: The median home sold price in Hialeah Gardens was $355,000 in December 2024, down 10.1% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $208K | +32.1% |
| 2 Bedrooms | $260K | $280K | +7.7% |
| 3 Bedrooms | $480K | $490K | +2.1% |
| 4 Bedrooms | $605K | $578.5K | -4.4% |
| 5+ Bedrooms | $1.8M | $1.6M | -12.2% |
Summary: Hialeah Gardens housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 12.2%.
Median Sold Price Compared To Nearby Cities
| Hialeah | $434.8K | $470.1K | +8.1% |
| North Westside | $454.4K | $485.4K | +6.8% |
| Hialeah Gardens | $395K | $355K | -10.1% |
Housing Supply in Hialeah Gardens, FL
How many homes are available in Hialeah Gardens, FL?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 49 | +8.9% |
Summary: The Hialeah Gardens real estate market had 49 homes for sale in December 2024, a 8.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Hialeah Gardens housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hialeah Gardens, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hialeah Gardens in December 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Hialeah Gardens, FL
How long does it take to sell a home in Hialeah Gardens, FL?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -3.8% |
Summary: Homes in Hialeah Gardens had an average of 35 days on market in Dec 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hialeah Gardens are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Hialeah Gardens; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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