The housing in Miami, OK is considerably less expensive than the US Housing median value. The median value of homes in Miami, OK is $104,100 compared to the US median value of $338,100. Furthermore, Miami's 1 year house appreciation rate is 13.34%, which is 5.07% higher than the national average of 8.27%. This suggests that in recent years housing prices in Miami have been increasing faster than average across the United States. Consequently, this makes it an attractive and affordable option for those looking to buy a home.
The median home cost in Miami is $104,100. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Miami is up 14.5%.
Average Age of Homes
- The median age of Miami real estate is 54 years old
The Rental Market in Miami
- Renters make up 32.5% of the Miami population
- 4.5% of houses and apartments in Miami, 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.