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Miami-Dade County Housing

 
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As of 2010-2014, median price of a house in Miami-Dade County is $194,100, which is higher than the state average of $156,200 and is higher than the national average of $175,700. The Miami-Dade County median house value has grown by 56.53% since 2000. The growth rate for the price of a house in Miami-Dade County is higher than the state average rate of 48.06% and is higher than the national average rate of 46.91%. The median year that a house in Miami-Dade County was built is 1976, which is older than the median year for a house built in the state which is 1985 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 458,132 Owner Occupied Houses in Miami-Dade County, #6
Miami-Dade County
194,100 USD
Florida
156,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #12
Miami-Dade County
56.53%
Florida
48.06%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Miami-Dade CountyFloridaU.S.
Total Housing Units994,596, see rank, 100%9,051,851132,741,033
Occupied Housing Units833,541, 83.81%, see rank79.74%87.55%
Owner Occupied458,132, 46.06%, see rank52.73%56.34%
Renter Occupied375,409, 37.74%, see rank27.01%31.21%
Vacant Housing Units161,055, 16.19%, see rank20.26%12.45%
For Rent31,795, 3.20%, see rank2.97%2.34%
For Sale Only13,598, 1.37%, see rank1.66%1.20%
Rented or Sold, Not Occupied13,796, 1.39%, see rank1.21%0.92%
For Seasonal, Recreational, or Occasional Use69,305, 6.97%, see rank9.84%3.97%
For Migrant Workers203, 0.02%, see rank0.04%0.03%
Other Vacant32,358, 3.25%, see rank4.54%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #66
Miami-Dade CountyFloridaU.S.
197619851976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Miami-Dade County%FloridaU.S.
Owner-Occupied Units458,132100%4,772,94474,787,460
With a Mortgage305,61166.71%, see rank61.11%65.58%
Without a Mortgage152,52133.29%, see rank38.89%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Miami-Dade County
1,741 USD
Florida
1,480 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsMiami-Dade County%FloridaU.S.
$299 or Less2870.09%, see rank0.21%0.20%
$300 to $4992,4060.79%, see rank1.53%1.59%
$500 to $6997,6182.49%, see rank5.00%5.01%
$700 to $99926,9458.82%, see rank14.91%14.32%
$1,000 to $1,49976,68425.09%, see rank29.50%27.90%
$1,500 to $1,99974,19824.28%, see rank21.21%20.35%
$2,000 to $2,99973,12423.93%, see rank18.45%19.52%
$3,000 or More44,34914.51%, see rank9.20%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Miami-Dade County
31.80% of the Total Income
Florida
26.90% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Miami-Dade County%FloridaU.S.
10% or Less10,4123.41%, see rank4.76%5.86%
10% to 20%59,49819.47%, see rank25.89%31.95%
20% to 30%71,88023.52%, see rank25.92%27.64%
30% to 40%48,21415.78%, see rank14.93%13.74%
40% or More111,98136.64%, see rank27.62%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Miami-Dade County
561 USD
Florida
469 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsMiami-Dade County%FloridaU.S.
$199 or Less7,4754.90%, see rank9.06%7.76%
$200 to $29915,64010.25%, see rank13.71%14.70%
$300 to $49942,32027.75%, see rank32.19%34.63%
$500 to $69932,20421.11%, see rank22.09%21.16%
$700 or More54,88235.98%, see rank22.95%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Miami-Dade County
15.40% of the Total Income
Florida
13.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Miami-Dade County%FloridaU.S.
10% or Less46,40330.42%, see rank36.34%40.19%
10% to 20%44,09228.91%, see rank31.41%31.47%
20% to 30%22,26014.59%, see rank12.98%12.24%
30% to 40%11,7887.73%, see rank6.40%5.64%
40% or More24,56316.10%, see rank10.85%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Miami-Dade CountyFloridaU.S.
Total Housing Units994,596, 100%9,051,851132,741,033
1-unit, Detached405,572, 40.78%, see rank54.16%61.65%
1-unit, Attached100,328, 10.09%, see rank6.28%5.82%
2 Units20,287, 2.04%, see rank2.17%3.75%
3 or 4 Units35,329, 3.55%, see rank3.85%4.43%
5 to 9 Units51,359, 5.16%, see rank5.03%4.78%
10 or More Units368,306, 37.03%, see rank19.24%13.08%
Mobile Home, Boat, RV, Van, etc.13,415, 1.35%, see rank9.28%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Miami-Dade CountyFloridaU.S.
Total Housing Units994,596, 100%9,051,851132,741,033
1 Room35,414, 3.56%, see rank1.65%1.95%
2 Rooms33,365, 3.35%, see rank2.16%2.48%
3 Rooms180,179, 18.12%, see rank10.38%9.13%
4 Rooms230,326, 23.16%, see rank21.92%16.60%
5 Rooms213,340, 21.45%, see rank23.70%20.41%
6 Rooms143,152, 14.39%, see rank17.82%18.06%
7 Rooms84,079, 8.45%, see rank10.59%12.27%
8 Rooms40,021, 4.02%, see rank6.13%8.48%
9 Rooms or More34,720, 3.49%, see rank5.66%10.60%
Median Rooms4.60, see rank5.105.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Miami-Dade CountyFloridaU.S.
Total Housing Units994,596, 100%9,051,851132,741,033
No Bedroom38,203, 3.84%, see rank1.80%2.17%
1 Bedroom189,994, 19.10%, see rank10.62%11.16%
2 Bedrooms317,534, 31.93%, see rank33.79%26.69%
3 Bedrooms305,420, 30.71%, see rank38.45%39.70%
4 Bedrooms116,732, 11.74%, see rank12.90%16.05%
5 or More Bedrooms26,713, 2.69%, see rank2.45%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Miami-Dade CountyFloridaU.S.
Total Housing Units833,541, 100%7,217,508116,211,092
Utility Gas17,714, 2.13%, see rank4.53%48.85%
Bottled, Tank, or LP Gas3,995, 0.48%, see rank1.12%4.86%
Electricity769,577, 92.33%, see rank92.30%36.68%
Fuel Oil, Kerosene, etc.751, 0.09%, see rank0.22%5.86%
Coal or Coke91, 0.01%, see rank0.01%0.12%
Wood388, 0.05%, see rank0.20%2.12%
Solar Energy132, 0.02%, see rank0.03%0.05%
Other Fuel254, 0.03%, see rank0.04%0.47%
No Fuel Used40,639, 4.88%, see rank1.56%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalMiami-Dade CountyFloridaU.S.
Occupied Units Paying Rent361,484, 100%2,322,94939,201,928
$199 or Less7,934, 2.19%, see rank1.03%1.50%
$200 to $29912,085, 3.34%, see rank1.85%3.18%
$300 to $49912,187, 3.37%, see rank3.93%7.37%
$500 to $69927,218, 7.53%, see rank11.03%16.01%
$700 to $99989,467, 24.75%, see rank32.44%29.17%
$1,000 to $1,499133,751, 37.00%, see rank34.44%26.88%
$1,500 to $1,99954,046, 14.95%, see rank10.35%9.79%
$2,000 or More24,796, 6.86%, see rank4.93%6.10%
Median$1,098, see rank$998$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Miami-Dade CountyFloridaU.S.
Occupied Housing Units833,541, 100%7,217,508116,211,092
No Vehicles Available94,550, 11.34%, see rank7.09%9.12%
1 Vehicles Available332,714, 39.92%, see rank41.49%33.80%
2 Vehicles Available289,657, 34.75%, see rank37.93%37.48%
3 or More Vehicles Available116,620, 13.99%, see rank13.49%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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