Living in Hallandale, FL
Hallandale, FL is a charming coastal city that offers a blend of recreational activities, cultural amenities, and a pleasant climate. Its sandy beaches and vibrant downtown make it an attractive destination for both families and retirees. The city's location allows for easy access to major metropolitan hubs while maintaining a relaxed suburban atmosphere.
Current Market Conditions in Hallandale, FL
The real estate market in Hallandale is currently experiencing a steady increase in demand, driven by both local and out-of-state buyers seeking affordable coastal properties. This trend has led to rising home prices, making it a potentially lucrative market for real estate investors.
With new developments and renovations happening frequently, Hallandale presents opportunities for investors to capitalize on an up-and-coming market. The area has seen increased interest due to its proximity to the beach, parks, and entertainment options, indicating a continued appreciation in property values.
Home Value Estimator For Hallandale, FL
There are currently 77 real estate properties
in Hallandale, FL,
with a median automated valuation model (AVM) price
of $155,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hallandale, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Hallandale, FL,
is $419,431.00, with the most expensive house
in Hallandale, FL, topping out
at $9,479,216.00 and the cheapest home
in Hallandale, FL,
clocking in at $64,200.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hallandale, FL!
Rent Prices
In Hallandale, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hallandale, FL, is on
a rollercoaster ride. The
average rent price in Hallandale, FL,
is $2,084.00. Indeed, when looking to rent in
Hallandale, FL, you can expect to pay as little
as $930.00 or as much
as $4,400.00,
with the average rent median estimated to
be $1,800.00. The good news is that finding
an affordable and desirable property to rent in Hallandale, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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