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Real Estate Prices & Overview

Dixie Hwy / SW 127th Ave median real estate price is $618,894, which is more expensive than 75.7% of the neighborhoods in Florida and 73.8% of the neighborhoods in the U.S.

The average rental price in Dixie Hwy / SW 127th Ave is currently $2,632, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 62.1% of the neighborhoods in Florida.

Dixie Hwy / SW 127th Ave is a suburban neighborhood (based on population density) located in Homestead, Florida.

Dixie Hwy / SW 127th Ave real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Dixie Hwy / SW 127th Ave neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Dixie Hwy / SW 127th Ave, the current vacancy rate is 2.7%, which is a lower rate of vacancies than 80.6% of all neighborhoods in the U.S. This means that the housing supply in Dixie Hwy / SW 127th Ave is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Homestead, the Dixie Hwy / SW 127th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Homes built from 2000 through today make up a higher proportion of the Dixie Hwy / SW 127th Ave neighborhood's real estate landscape than 97.7% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 84.1% of the residential real estate here is classified as newer. In fact, the concentration of newer homes here is so great that they completely dominate the landscape. In most neighborhoods, there is a mixture of ages of residential real estate, but here it is almost completely built during one time frame: 2000 through today.

In addition, if you love row houses and attached homes, you will probably really like the Dixie Hwy / SW 127th Ave neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 24.9% of the residential real estate here is classified as row houses and attached homes.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Dixie Hwy / SW 127th Ave neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Dixie Hwy / SW 127th Ave neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 97.3% of all neighborhoods in America.

People

Single parenting is hard. But you don't have to tell the Dixie Hwy / SW 127th Ave neighborhood about it; they already know. 17.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 95.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Diversity

Did you know that the Dixie Hwy / SW 127th Ave neighborhood has more Cuban and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.6% of this neighborhood's residents have Cuban ancestry and 14.2% have South American ancestry.

Dixie Hwy / SW 127th Ave is also pretty special linguistically. Significantly, 62.6% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.3% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Dixie Hwy / SW 127th Ave neighborhood in Homestead are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.4% of the neighborhoods in America. With 28.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 80.4% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Dixie Hwy / SW 127th Ave neighborhood, 32.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 31.6% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.2%), and 10.3% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Dixie Hwy / SW 127th Ave neighborhood is Spanish, spoken by 62.6% of households. Some people also speak English (37.1%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Dixie Hwy / SW 127th Ave neighborhood in Homestead, FL, residents most commonly identify their ethnicity or ancestry as Cuban (27.6%). There are also a number of people of South American ancestry (14.2%), and residents who report Dominican roots (5.6%), and some of the residents are also of Puerto Rican ancestry (4.5%), along with some Mexican ancestry residents (2.1%), among others. In addition, 38.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Dixie Hwy / SW 127th Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (31.0% of working residents), longer and tougher than most commutes in America.

Here most residents (65.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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