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
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 Market | 88 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 18.9% |
| Homes Sold | 24 |
| Active Inventory | 191 |
| Price Per Sq Ft | $293 |
Ownership & Stock
| Owner-Occupied | 61.2% |
| Renter-Occupied | 38.8% |
| Homeownership Rate | 61.2% |
| Total Housing Units | 19,898 |
| Median Year Built | 1991 |
| Rent Burden | 41.1% |
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