Hialeah, FL Housing Market Report

The Hialeah real estate market is currently undergoing a significant transition toward a buyer-friendly environment, mirroring broader cooling trends within the Miami-Fort Lauderdale-Pompano Beach metro area. As of December 2025, the median home value stands at $439,410, reflecting a year-over-year decline of 3.39%. This downward pressure on pricing is accompanied by a notable increase in inventory and a substantial rise in the time properties spend on the market. With homes now averaging 111 days to sell—an increase of 23 days compared to last year—buyers have gained considerable leverage in negotiations, further evidenced by a sale-to-list ratio of 0.96, suggesting that most properties are selling below their initial asking prices.

Price trends over the last six months indicate a period of sustained stabilization following a peak in mid-2025. Since July, values have dipped incrementally each month, moving from $442,432 to the current $439,410. This steady, albeit slow, decline suggests that the market is correcting after years of rapid appreciation. The rental market is following a similar trajectory, with median rents dropping 1.51% year-over-year to $2,430. These shifts are likely driven by higher borrowing costs and a growing supply of active listings, which have increased by 1.61% to over 51,000 units across the region, providing more options for residents who were previously priced out.

Looking ahead, the outlook for Hialeah suggests a period of continued price discovery. For sellers, the current climate necessitates realistic pricing strategies and patience, as the days of rapid bidding wars have largely concluded. For prospective buyers, the increase in inventory and the extended days on market provide a rare opportunity to conduct thorough due diligence and negotiate more favorable terms. While the market is not in a freefall, the consistent month-over-month declines indicate that the urgency has left the market, favoring those who are prepared to wait for the right property at a competitive price point.