The Hammocks, Florida.
Typical home $541,094 (+0.4% in a year), asking rent $2,460 (+0.9%). Miami-Fort Lauderdale-Pompano Beach, FL metro.
to buy the typical home at today's mortgage rate — +$1,625 (+134%) since Jan 2020.
- 1 year
- Up $1,950 +0%
- $539,144$541,094 since Sep 2025
- 5 years
- Up $137,885 +34%
- $403,209$541,094 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- The Hammocks$2,840
- Florida$1,970
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in The Hammocks, FL rose 0.4% over the past year — slower than the nation's +1.2%.
Asking rents in The Hammocks, FL rose 0.9% over the past year — slower than the nation's +2.7%.
Owning the typical home in The Hammocks runs $1,324/mo more than renting one. The gap peaked at $1,476 in Jan 2025.
That is $3,784 a month against $2,460 rent: a $2,840 mortgage payment, plus $365 property tax and $579 insurance & upkeep.
Owning vs renting — The Hammocks
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,784
- Renting$2,460
- Mortgage only$2,840
Property tax · $365/mo 0.81% of value a year — the ACS 2020-2024 median bill over the median home value for Miami-Dade County, FL
Insurance & upkeep · $579/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in The Hammocks, Miami-Dade County, Florida
The Hammocks, in Miami-Dade County, had 59,480 people in the 2020 census. Half its households earn more than $85,628 a year and half less, against $71,753 across Miami-Dade County; 12% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% are rented. Unemployment in Miami-Dade County was 1.9% in September 2026, and the county had 1.5% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. The Hammocks is a suburban community in Miami-Dade County where most homes are lived in by their owners, and incomes run above the county's. Residents are somewhat older than the typical American, and a good share of adults hold a four-year degree. Winters are mild and summers are hot, with plenty of rain through the year.
Work. Many residents work in schools, hospitals and social care, in professional and business services, or in shops. Some of the largest workplaces in The Hammocks are West Kendall Baptist Hospital, Publix Super Markets and Nspire Healthcare Kendall. Commutes are on the long side, and some people work from home.
Things to do. Zoo Miami and Pitbull Stadium are both a short drive away. A longer drive brings you to Everglades National Park, a national park, and to Biscayne National Park, which takes in much of the bay and its waters.
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- 19,623households
- 38%of adults have a degree
- 12%below the poverty line
- 35 mintypical commute
- 13%work from home
What residents work in
Employed residents by industry, from the Census survey. Miami-Dade County had 1,276,535 jobs in 2025, 1.5% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 77° and lows near 57°; warmest in August, with highs near 92° and lows near 75°. About 56 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Miami Kendall Tamiami Exec Airport weather station, 2 miles away (NOAA).
Largest workplaces in The Hammocks
- West Kendall Baptist HospitalGeneral hospital1,363FTE
- Diagnostics : Beckman Coulter - Kendall (Miami)"laboratory analytical instruments manufacturing"739
- Publix Super MarketsSupermarkets and other grocery stores158
- Publix Super MarketsSupermarkets and other grocery stores155
- Nspire Healthcare KendallSkilled nursing facilities153
- Publix Super MarketsSupermarkets and other grocery stores147
- NextEra EnergyElectric power distribution107
- Trinity International University-FloridaUniversity or college55
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 10 workplaces with 20 or more staff, 3,299 people in all. Hospitals come from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Hurricanesrelatively high in parts of The HammocksRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in The Hammocks’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Miami-Dade County and the Miami-Fort Lauderdale-Pompano Beach, FL metro.
The Hammocks home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- The Hammocks$541,094
- Florida$375,361
- United States$366,157
Sellers are cutting prices on about 1 in 6 The Hammocks listings, and the typical home goes pending in 50 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- The Hammocks17.28%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- The Hammocks50
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- The Hammocks210
New listings per month
Sellers arriving at the market.
- The Hammocks47
Median sale price
What buyers actually paid — closed sales, not asking prices.
- The Hammocks$554,434
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- The Hammocks97.86%
Zip codes with a The Hammocks address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls The Hammocks — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.