Housing in Miami-Dade, FL County is an attractive investment option due to its median value of $463,600 and the 1 year house appreciation of 18.8%. This is significantly higher than the US median value of $338,100 and US 1 year house appreciation rate of 8.27%. Investing in real estate in Miami-Dade County is a great opportunity for those looking to see a good return on their money.
The median home cost in Miami-Dade County is $463,600. Home appreciation the last 10 years has been 181.5%. Home Appreciation in Miami-Dade County is up 25.5%.
Average Age of Homes
- The median age of Miami-Dade County real estate is 40 years old
The Rental Market in Miami-Dade County
- Renters make up 37.7% of the Miami-Dade County population
- 2.5% of houses and apartments in Miami-Dade County, 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.