The housing market in Miami Lakes, FL is incredibly strong. The median value of a house in Miami Lakes, FL is $566,700, which is significantly higher than the US median value of $338,100. Moreover, the US house appreciation rate over the past year has been 8.27%, while the appreciation rate for the same period of time in Miami Lakes, FL has been 17.45%. This shows that the housing market in Miami Lakes, FL is rapidly growing and provides an excellent opportunity for those looking to purchase or invest in property.
The median home cost in Miami Lakes is $566,700. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Miami Lakes is up 26.6%.
Average Age of Homes
- The median age of Miami Lakes real estate is 31 years old
The Rental Market in Miami Lakes
- Renters make up 33.1% of the Miami Lakes population
- 1.6% of houses and apartments in Miami Lakes, 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.