The housing market in Miami Gardens, FL is much hotter than the national average. The median value for houses in Miami Gardens is $407,200, which is significantly higher than the US median of $338,100. The 1 year house appreciation in Miami Gardens is a whopping 19.28%, nearly double the US average of 8.27%. This means that homes in Miami Gardens have seen their values skyrocket over the past year, making it a great place to invest in real estate.
The median home cost in Miami Gardens is $407,200. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Miami Gardens is up 26.1%.
Average Age of Homes
- The median age of Miami Gardens real estate is 50 years old
The Rental Market in Miami Gardens
- Renters make up 29.7% of the Miami Gardens population
- 1.4% of houses and apartments in Miami Gardens, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.