How much is a home worth in ZIP code 33032?

The typical home in 33032 is worth $455,210, based on the Zillow Home Value Index.

Are home values rising in 33032?

Home values in 33032 are down 4.9% over the past year, and up 7.4% a year over five years.

What is the typical rent in 33032?

A typical home in 33032 rents for about $2,679 a month, a gross rental yield of 7.1%.

What is the property tax rate in 33032?

The effective property tax rate in 33032 is 1.0% — roughly $4,377 a year on a typical home.

ZIP code 33032 has a population of 65,132 and a median household income of $73,429.

HousingHandbookReference data

…

U.S. ZIP Code · FL33032

Miami-Dade County · Miami-Fort Lauderdale-West Palm Beach, FL

Typical home value

$455,210^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.9%
5-year / yr: +7.4%
10-year / yr: +8.7%

Relative price

vs U.S.: +60.2%
vs metro: -8.0%
vs state: +31.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 33032 is worth $455,210 — 8.0% below the Miami-Fort Lauderdale-West Palm Beach, FL median. Over the past year, values have fallen 4.9%. Homes here rent for a typical $2,679 a month — a 7.1% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,679^[2]
Gross yield: 7.1%^[2]
Cap rate: 4.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $4,377^[3]

#Climate risk

FEMA National Risk Index ratings for Miami-Dade County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very High^[4]
Riverine flood: Very High
Coastal flood: Very High
Wildfire: Relatively Moderate
Drought: Relatively Moderate
Heat wave: Relatively High
Hurricane: Very High
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: No Rating

#Who lives here

Population: 65,132^[3]
Median household income: $73,429^[3]

#Migration

Household moves in and out of Miami-Dade County over a year, from IRS tax-return data.

Net migration: -21,399^[5]
Moved in: 43,906
Moved out: 65,305

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 9
Middle: 0
High: 1

SOMERSET ACADEMY SILVER PALMS
Elementary · Grades K–8 · MIAMI-DADE
1,928 students
COCONUT PALM K-8 ACADEMY
Elementary · Grades PK–8 · MIAMI-DADE
1,137 students
AIR BASE K-8 CENTER FOR INTERNATIONAL EDUCATION
Elementary · Grades PK–8 · MIAMI-DADE
1,102 students
SOMERSET ACADEMY CHARTER HIGH SCHOOL
High · Grades 9–12 · MIAMI-DADE
977 students
MANDARIN LAKES K-8 ACADEMY
Elementary · Grades PK–8 · MIAMI-DADE
747 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.1%

Net yield (after ~40% expenses)4.2%

Annual rent$32,146

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,302

Loan principal$364,168

Down payment$91,042

Total interest paid$464,477

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.14

Monthly cost to own$3,045

Monthly rent$2,679

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 62nd percentile^[1]
Rental yield: 61st percentile^[2]
Property tax: 80th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 33032?: The typical home in 33032 is worth $455,210, based on the Zillow Home Value Index.
Are home values rising in 33032?: Home values in 33032 are down 4.9% over the past year, and up 7.4% a year over five years.
What is the typical rent in 33032?: A typical home in 33032 rents for about $2,679 a month, a gross rental yield of 7.1%.
What is the property tax rate in 33032?: The effective property tax rate in 33032 is 1.0% — roughly $4,377 a year on a typical home.
Who lives in 33032?: ZIP code 33032 has a population of 65,132 and a median household income of $73,429.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

33433 vs 33032 →
Boca Raton, FL
Typical home
$455,220
Gross yield
7.2%
33021 vs 33032 →
Hollywood, FL
Typical home
$455,849
Gross yield
6.0%
33023
Miramar, FL
Typical home
$452,948
Gross yield
6.6%
33472
FL
Typical home
$452,620
Gross yield
9.8%
33125
Miami, FL
Typical home
$459,772
Gross yield
6.0%
33168
North Miami, FL
Typical home
$460,671
Gross yield
6.5%

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Pit ZIP 33032 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · FL33032

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