Welcome to our 33196 real estate data hub, tailored for investors in The Hammocks, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 33196 in The Hammocks, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MIAMI-DADE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in The Hammocks, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the The Hammocks property market.
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Location Overview
- Zip Code: 33196
- City: The Hammocks
- State: FL
- Metro Area: Miami-Fort Lauderdale-Pompano Beach, FL
- County Name: MIAMI-DADE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $516,196
- Average Home Price (Single Family Homes): $554,946
- Average Monthly Rental Price (All Types): $2,669
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 1.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,630
- Average 3 Bedroom Section 8 Rental Rates: $3,460
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 12.43
- Number of Units Offered in Section 8 in the County: 15973
- Number of Occupied Units in Section 8 in the County: 14847
- Percentage of Section 8 Units Occupied in the County: 93%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 329.67
- Total % Appreciation since 2000 (Government Data): 241.07
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.04%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.08%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 43.04%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.76%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 154%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 54.52%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 166.41%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.03%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 9.28%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 47.62%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 56.43%