$6,401 Closing Credit*
$539,000
936 SqFt
3 Beds
•2 Full Baths
Jose Arrazcaeta, Listing Office: Active Community Realty
Is Hialeah Gardens, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$330,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$100,000(-23.3%)
Key Takeaway
Homes in Hialeah Gardens have sold for 23.3% less than they did a year ago.
Summary: The median home sold price in Hialeah Gardens was $330,000 in October 2024, down 23.3% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $208K | +32.1% |
| 2 Bedrooms | $256K | $272.5K | +6.4% |
| 3 Bedrooms | $470K | $490K | +4.3% |
| 4 Bedrooms | $587.5K | $575K | -2.1% |
| 5+ Bedrooms | $1.6M | $1.8M | +13.5% |
Summary: Hialeah Gardens housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.1%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
| North Westside | $448K | $490K | +9.4% |
| Hialeah | $430.1K | $463.6K | +7.8% |
| Hialeah Gardens | $430K | $330K | -23.3% |
Housing Supply in Hialeah Gardens, FL
How many homes are available in Hialeah Gardens, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 36 | -7.7% |
Summary: The Hialeah Gardens real estate market had 36 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 1 | -80.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Hialeah Gardens housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 80%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hialeah Gardens, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Hialeah Gardens in October 2024, down by 40.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 31 Days | +248.2% |
Summary: Homes in Hialeah Gardens had an average of 31 days on market in Oct 2024, up by 248.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 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 October 2024, 6 homes were sold in Hialeah Gardens; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.