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Market Action
Selling Speed
Steady
11.6Inventory Supply
High
8.62Sales Activity
—
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Start an inquiryDemographics
Age
45 ±2.6Median age
about 10 percent higher than the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 41.8 ±0.2
a little higher than the figure in Florida: 42.7 ±0.1
Housing
Units & Occupancy
26,356 ±831Number of housing units
less than 10 percent of the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 2,714,779 ±657
less than 10 percent of the figure in Florida: 10,629,845 ±2,325
Geographical mobility
12.3% ±3.9% (7,238 ±2,305)
Moved since previous year
about the same as the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 12.2% 777,958 (±0.8% /±51,337)
about 90 percent of the rate in Florida: 13.3% 3,086,717 (±0.5% /±107,923)
Families
58,830 ±52
Persons per household
less than 10 percent of the figure in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 6,368,721 ±1,354
less than 10 percent of the figure in Florida: 22,888,804
Fertility
3.8%
Women 15-50 who gave birth during past year
about 80 percent of the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 4.7% 68,441 (±0.3% /±4,730)
about 80 percent of the rate in Florida: 4.7% 241,304 (±0.2% /±10,582)
Economics
Poverty
12.1% ±2.2% (7,112 ±1,291)
Persons below poverty line
a little less than the rate in Miami-Fort Lauderdale-West Palm Beach, FL Metro Area: 12.7% 810,781 (±0.4% /±25,412)
about the same as the rate in Florida: 12% 2,758,614 (±0.3% /±58,688)
Transportation to work
N/AMean travel time to work
Social
Disclaimer: The demographic information presented on this site has been provided by the Census Reporter Team. We extend our gratitude for their exceptional contributions and efforts.
Mortgage rates
30-year fixed · Oct 1, 2026
7.28%
+0.25
vs last weekA year ago
6.34%
Oct 1, 2025
All-time peak
16.64%
in 1981
Long-run average
7.7%
1971–2025
When would rates drop?
Mortgage rates track the 10-year Treasury yield. Big drops historically needed one of these catalysts
A recession
Credit demand falls and investors move into Treasuries, pushing yields down
Aggressive Fed intervention
Rate cuts plus buying bonds and mortgage-backed securities force borrowing costs down
Inflation cooling fast
Lenders need less premium over inflation, so yields and mortgage rates ease
A global flight to safety
Shocks send capital into U.S. debt markets, pulling yields down quickly
It has happened before
30-year fixed rate, Freddie Mac weekly averages.
2008 financial crisis
Housing collapse, recession, then Fed bond buying from late 2008
6.5%
Mid 2007
<5%
Early 2009
2020 pandemic
Emergency cuts to zero and large purchases of Treasuries and mortgage bonds
3.7%
Jan 2020
2.65%
Jan 2021
Source: Freddie Mac PMMS via FRED. Past moves are context, not a forecast. Market information, not lending advice.
Local Realty Service Provided By: Hyperlocal Advisor. Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS & Beaches MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.
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22.1% ±12.1% (946 ±519)
22.1% ±12.1% (946 ±519)
40.6%
4.5% ±1.5% (2,207 ±743)