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Foreclosure Homes in North Miami, FL 33161

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North Miami, FL Foreclosures

How much do homes sell for in North Miami, FL?
The average home price is currently $628,923.
In North Miami, FL, how many homes are available?
There are currently 70 active home listings available in North Miami.
What’s the average rental cost in North Miami, FL?
The average rental price in North Miami is $1,738.
What is the most expensive home in North Miami?
The most expensive home sold in North Miami had a price of $178,012,416.
What is currently the cheapest priced home in North Miami, FL?
The cheapest home for sale in North Miami is priced at $12,411.

Living in North Miami, FL

North Miami, FL is a bustling city that combines urban living with natural beauty. It offers diverse cultural experiences, ample parks, and a strong sense of community. With its growing real estate market, North Miami is an appealing choice for families and professionals alike.

Current Market Conditions in North Miami, FL

The North Miami real estate market remains vibrant with a steady increase in home values. Over the past few years, the area has seen a surge in demand due to its proximity to Miami's cultural and business hubs, making it a strategic choice for buyers and investors.

Competition is intensifying, particularly for single-family homes and condos. Buyers are coming from all over, seeking a more affordable alternative to nearby luxury markets, which is driving up prices and reducing inventory.

Home Value Estimator For North Miami, FL

There are currently 15,784 real estate properties in North Miami, FL, with a median automated valuation model (AVM) price of $433,715.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in North Miami, 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 North Miami, FL, is $628,923.00, with the most expensive house in North Miami, FL, topping out at $178,012,416.00 and the cheapest home in North Miami, FL, clocking in at $12,411.00. In other words, there’s something for every potential homebuyer or savvy investor in North Miami, FL!

Rent Prices In North Miami, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in North Miami, FL, is on a rollercoaster ride. The average rent price in North Miami, FL, is $1,738.00. Indeed, when looking to rent in North Miami, FL, you can expect to pay as little as $710.00 or as much as $4,260.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in North Miami, 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.

North Miami, FL 33161 Foreclosures

Market Trend for North Miami, FL

Total Listings Available: 70

Market Values:

Home Prices from $12,411 to $178,012,416

Average Sales Price: $628,923

Rental Values:

Rental from $710 to $4,260

Average Rent Value: $1,738 / month

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