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Cheap Homes in North Miami, FL

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North Miami, FL Foreclosures

How much do homes sell for in North Miami, FL?
The average home price is currently $621,058.
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 $177,652,672.
What is currently the cheapest priced home in North Miami, FL?
The cheapest home for sale in North Miami is priced at $50,752.

Living in North Miami, FL

North Miami, FL, is a dynamic city with a diverse culture and vibrant community life. With easy access to outdoor activities, a range of educational institutions, and proximity to Miami's beaches, it offers a unique lifestyle for residents. Enjoy a variety of dining, shopping, and recreational options in this welcoming city.

Current Market Conditions in North Miami, FL

The real estate market in North Miami has seen a steady increase in demand, with many buyers attracted to the city's affordability compared to other areas in South Florida. This trend is fueled by both local and out-of-state buyers looking for primary residences and investment opportunities.

There is a noticeable trend toward modernization, with many older homes being renovated and new construction projects in play. The revitalization efforts have led to increased property values and a positive shift in community development.

Home Value Estimator For North Miami, FL

There are currently 15,764 real estate properties in North Miami, FL, with a median automated valuation model (AVM) price of $436,010.00. 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 $621,058.00, with the most expensive house in North Miami, FL, topping out at $177,652,672.00 and the cheapest home in North Miami, FL, clocking in at $50,752.00. 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.

Cheap Homes in North Miami, FL

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