North Miami Beach 33162

Miami-dade County, FL · 12,224 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

16affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
50.7%
severe
Days on market
74
daily
Price cuts
16.0%
of active
Valuation
-21.4%
vs assessor
Look up an address
29
/100
Weak
stable · balanced · prices easing year-over-year.
Price trend
42
Affordability
10
Valuation
50
Economic health
16

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

57/ 100SellerBalancedBuyer
Balanced Market
Needs 40.8% correction for affordability
DOM: 83d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)100
Valuation Gap (25%)10
Supply & Demand (20%)40
Buy vs Rent (15%)50
Cancellation Rate (10%)100
Days on Market (5%)75

Balanced market in 33162. List price is roughly fair — focus on condition and value. Payment burden: 50.7% of median income. A 31% price correction needed to reach 30% affordability threshold. Median days on market: 83. Renting is approximately 45% cheaper than buying (price-to-rent ratio: 17.4).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$468,288
▾ 1.0% YoY
Days on market
74
daily · zip_data
Median rent
$2,242
ZORI
Investor score
57/100
cash-flow lens
Active listings
165
90-day

Valuation3 lenses, different anchors

vs assessor
-21.4%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$368,215
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+84.7%
County-wide market — the widest, slowest signal.
Miami-Dade+84.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$260
Price-to-income8.4×

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How 33162 ranks in FL
percentile vs all Florida ZIPs · n=1098
Market velocity42%
Supply tightness77%
Affordability6%
Investment yield32%
Appreciation64%

Affordability, supply & momentum

53SUPPLY
Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply5.2 mo
Days on Market74d
Inv vs History-23.7%
Listing Density11.0/1k
Affordability — payment burden
Monthly payment (P&I)$2,365
Payment burden50.7%
Median income · ZIP$55,993
Mortgage rate6.49% · 30yr
Total monthly own$2,834
Monthly rent$2,242
Market dynamics
Price cut %16.0%
Momentumstable
LeverageBALANCED
Months of supply5.2
Sales (90d)0
Investment analysis
Median rent$2,242
Price-to-rent17.4
Est. cap rate3.7%
Buy vs rentneutral

Livability

Walk score3
Transit score13
Bike score

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Miami-dade County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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