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The Hammocks, FL

Full City Profile · Florida · Miami-Dade County County

3.3 /5.0
B Good
58,548 Population 7,421/sq mi density
$83,253 Median Income $33,674 per capita
$437,700 Home Value $531,182 Zillow
$2,041 Median Rent 41.1% income on rent
76°F Avg Temperature 330 sunny days/yr
232 Violent Crime/100K 3,099 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$83,253 median income, 1.6% unemployment
B+
Affordability
3.7 / 5.0
$437,700 home value, $2,041/mo rent
F
Safety
1.0 / 5.0
232 violent crimes/100K
B+
Education
4.0 / 5.0
37.0% bachelor's degree or higher

Housing Overview

Median Home Value
$437,700
55% above
US avg: $281,900
Median Rent
$2,041/mo
75% above
US avg: $1,163/mo
Homeownership Rate
61.2%
6% below US avg (65.4%)
Total Housing Units
19,898
Median year built: 1991

Home Value by Source

Census Median
$437,700
Zillow (ZHVI)
$531,182
Median Sale Price
$487,500
Median List Price
$583,499
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

61.2%
Owner-Occupied
38.8%
Renter-Occupied
61%
39%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $2,041/mo · Zillow rent: $2,385/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
24
Price Drops
18.9%
of listings with price reduction
Price Per Sq Ft
$293
Active Inventory
191
homes for sale

Affordability & Housing Stock

Rent Burden
41.1%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
61.2%

Complete Housing Data

Home Values

Census Median Value$437,700
Zillow Home Value (ZHVI)$531,182
Median Sale Price$487,500
Median List Price$583,499
Price Per Sq Ft$293

Rent

Census Median Rent$2,041
Zillow Rent (ZORI)$2,385
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market88
Sale-to-List Ratio1.0%
Price Drops18.9%
Homes Sold24
Active Inventory191
Price Per Sq Ft$293

Ownership & Stock

Owner-Occupied61.2%
Renter-Occupied38.8%
Homeownership Rate61.2%
Total Housing Units19,898
Median Year Built1991
Rent Burden41.1%