Heritage Park Housing Market Report January 2025•Miami-Dade County, Florida

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Housing Prices in Heritage Park, FL

How much do homes in Heritage Park, FL cost?

Housing Market Conditions

Is Heritage Park, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Heritage Park is a Buyer's Market

Difference Since December 2024

Last month, Heritage Park has remained a Buyer's Market.

Insight

Heritage Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$320,000$318/SqFt
-$40,000
-11.1%

Based on all homes sold in January 2025

Insight

Homes in Heritage Park have sold for 11.1% less than they did a month ago.

Summary: The median home sold price in Heritage Park was $320,000 in January 2025, down 11.1% from last month, and the median price per square foot was $318.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1$382.5K$320K
-16.3%
2$360K-
N/A
3--
N/A
4--
N/A
5--
N/A

Summary: Heritage Park housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -16.3%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Heritage Park, FL

How many homes are available in Heritage Park, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
67Last MonthJan 2025
652 months agoDec 2024
+3.1 %
Change MoMDec – Jan

Summary: The Heritage Park real estate market had 67 homes for sale in Jan 2025, a 3.1 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthJan 2025
62 months agoDec 2024
-16.7 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
14848
0.0%
21414
0.0%
335
+66.7%
400
0.0%
500
0.0%

Summary: Heritage Park housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +66.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Heritage Park, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price5 Homes

Insight

If you're buying a home in Heritage Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Heritage Park in January 2025, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Heritage Park, FL

How long does it take to sell a home in Heritage Park, FL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Many homes in Heritage Park are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 5 homes were sold in Heritage Park; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
71 DaysLast MonthJan 2025
101 Days1 month agoDec 2024
-29.3 %
Change MoMDec – Jan

Summary: Homes in Heritage Park had an average listing age of 71 days in Jan 2025, down by 29.3% compared to the previous month.

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Newest Listings in Heritage Park, FL

What homes are available in Heritage Park, FL?

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MLS Disclaimers and Copyright

Based on information from Miami MLS, and Beaches MLS for the period 12/01/2024 - 02/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2025 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/5/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.