33467

Leaning buyer's-5.3% YoY

$473,500median sale price

The 33467 zip code, located in Bay Harbor Islands, FL, is currently classified as a leaning buyer's. The median sale price stands at $473,500, representing a -5.3% change year over year. Homes in this area spend an average of 90 days on the market before going under contract. There are currently 540 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 33467 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

201

Last 12 weeks

Days on market

90

Average pace

Active listings

540

Sale-to-list

96.1%

Below asking

Market trends

Market analysis for 33467

The 33467 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 96.1% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 33467 have declined -5.3% compared to last year, which may present opportunities for buyers looking to enter the market at a lower price point. 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 33467 stands at $481,022, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,814 per month. This gives a price-to-rent ratio of approximately 14.2, which suggests that buying may be more cost-effective than renting in this area over the long term. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.

Community profile

Population

55,101

Median income

$83,238/yr

Median age

49.9 years

Owner-occupied

8590.0%

College grads

3950.0%

Avg commute

29.6 min

Living in 33467

Zip code 33467 is home to approximately 55,101 residents. The median household income is $83,238 per year, which shapes the types of homes and amenities available in the area. With a median age of 49.9 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 8590.0% 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 3950.0% 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 29.6 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 33467.

Frequently asked questions about 33467

What is the median home price in 33467?

The current median sale price in 33467 is $473,500, based on recent Redfin transaction data. Prices have changed -5.3% 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 33467 a buyer's or seller's market?

The 33467 zip code is currently classified as a leaning buyer's. 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 33467?

Zip code 33467 has a population of approximately 55,101 residents. The median household income is $83,238 per year. About 8590.0% 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 33467?

Properties Incorporated provides comprehensive data for 33467 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 33467 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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