ZIP Code Market Report
33162 — North Miami Beach, FL
Data through February 2026 · Updated monthly
Avg Home Value
$457,193
▼ 3.6% year-over-year
Month-over-Month
-0.1%
▼ 0.1%
Single Family
$497,489
Condo / Co-op
$139,867
The average home value in the 33162 ZIP code (North Miami Beach, Florida) is $457,193 as of February 2026. Home prices are declining, down 3.6% compared to last year.
A 3-bedroom home in 33162 is valued at $502,831. 1-bedroom units start around $128,979. Single-family homes average $497,489, while condos average $139,867.
The market in 33162 has a $394,474 spread between bottom-tier homes at $222,758 and top-tier homes at $617,232. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 33162 ZIP code will decrease 0.5% over the next 12 months, bringing the projected average to approximately $454,907. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Broward County market area in Florida. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Broward County report.
Free Home Value Estimate
What's your home worth in 33162 (North Miami Beach)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
33162 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $458,810 | $457,846 | $457,193 | ▼ 0.4% |
| Single Family Value | $496,076 | $496,338 | $497,489 | ▲ 0.3% |
Home Values
33162 Home Value Trend
Historical home values for ZIP code 33162. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 33162
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $128,979 |
| 2 Bedrooms | $366,313 |
| 3 Bedrooms | $502,831 |
| 4 Bedrooms | $591,558 |
Property Types
Home Values by Property Type in 33162
How different property types compare in this ZIP code.
All Homes
$457,193
Single Family
$497,489
Condo / Co-op
$139,867
Bottom Tier
$222,758
Top Tier
$617,232
Forecast
12-Month Home Value Forecast for 33162
Zillow projects home values in 33162 will decrease 0.5% over the next year, reaching approximately $454,907.
Current Value
$457,193
Projected Change
-0.5%
▼ 0.5%
Projected Value
$454,907
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 33162 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
Investing in North Miami Beach?
Run your ARV and MAO instantly with live market data