33436
$437,000median sale price
The 33436 zip code, located in Bay Harbor Islands, FL, is currently classified as a buyer's market. The median sale price stands at $437,000, representing a +2.8% change year over year. Homes in this area spend an average of 87 days on the market before going under contract. There are currently 397 active listings in the area, which influences how much negotiating power buyers and sellers have.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 33436 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
144
Last 12 weeks
Days on market
87
Average pace
Active listings
397
Sale-to-list
95.0%
Below asking
Market trends
Market analysis for 33436
The 33436 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a buyer's market, homes are selling at approximately 95.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 33436 have increased +2.8% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 33436 stands at $405,370, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,190 per month. This gives a price-to-rent ratio of approximately 15.4, which sits in a moderate range where the buy-versus-rent decision depends heavily on individual financial circumstances and time horizon. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Community profile
Population
47,606
Median income
$72,164/yr
Median age
45.4 years
Owner-occupied
7520.0%
College grads
3480.0%
Avg commute
28 min
Living in 33436
Zip code 33436 is home to approximately 47,606 residents. The median household income is $72,164 per year, which shapes the types of homes and amenities available in the area. With a median age of 45.4 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 7520.0% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 3480.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 28 minutes, which is close to the national average. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 33436.
Frequently asked questions about 33436
What is the median home price in 33436?
The current median sale price in 33436 is $437,000, based on recent Redfin transaction data. Prices have changed +2.8% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 33436 a buyer's or seller's market?
The 33436 zip code is currently classified as a buyer's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population and demographics of 33436?
Zip code 33436 has a population of approximately 47,606 residents. The median household income is $72,164 per year. About 7520.0% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 33436?
Properties Incorporated provides comprehensive data for 33436 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 33436 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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