Is Hialeah, FL 33016 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hialeah is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score24/ 100

More competitive than 18% of U.S. ZIP codes, and #304 of 796 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.6Under 4 months = seller’s market
Sold above original list10.9%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$307▼ −8.5% vs. last year

The Hialeah housing market right now

In the three months ending August 31, 2026, 11% of homes in Hialeah, FL 33016 sold above their list price, the typical home went under contract in 50 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold faster (85 days then) and the median sale price fell 4% to $339,853. Overall, Hialeah is more competitive than a year ago, so tougher for buyers.

Within Miami-Dade County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in 68%. On our competition score, Hialeah ranks #304 of 796 FL ZIP codes with enough sales (score 24 out of 100).

Nearby, buyers who want less competition could look at Miami 33136 (0% sold over asking) or Miami 33128 (0% sold over asking), while Miami 33184 (26% sold over asking) and Opa Locka 33055 (24% sold over asking) are even more competitive.

Nearby markets

Hialeah 33010Balanced $306 /sq ftHialeah 33012Buyer’s market $336 /sq ftHialeah 33013Balanced $345 /sq ftHialeah 33014Balanced $327 /sq ft Browse all markets →

Where Hialeah is

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Questions about Hialeah real estate

Is Hialeah a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Hialeah, FL 33016 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hialeah?

The typical home went under contract in 50 days in the latest three months.

Do homes in Hialeah sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in Hialeah?

About 0.81% of a home’s value a year in Miami-Dade County, or roughly $3,240 on a $400,000 home.

What is the median home price in Hialeah?

The median sale price was $339,853 in the three months ending August 31, 2026, about $307 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology