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Foreclosure Homes in Opa Locka, FL

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Opa Locka, FL Foreclosures

How much do homes sell for in Opa Locka, FL?
The average home price is currently $449,891.
In Opa Locka, FL, how many homes are available?
There are currently 357 active home listings available in Opa Locka.
What’s the average rental cost in Opa Locka, FL?
The average rental price in Opa Locka is $1,543.
What is the most expensive home in Opa Locka?
The most expensive home sold in Opa Locka had a price of $24,568,917.
What is currently the cheapest priced home in Opa Locka, FL?
The cheapest home for sale in Opa Locka is priced at $91,582.

Living in Opa Locka, FL

Opa Locka, FL, offers a unique blend of Moorish architecture and community-focused living. This thriving city provides access to amenities, educational institutions, and outdoor activities, making it an attractive area for families and investors. Its rich cultural scene enhances the community experience, appealing to a diverse population.

Current Market Conditions in Opa Locka, FL

The real estate market in Opa Locka has seen steady growth, with an increasing interest from investors looking to capitalize on affordable housing options. As the demand for residential properties rises, property values are expected to appreciate in the coming years.

Current trends indicate a shift towards redevelopment and revitalization in the area, as city officials work to improve infrastructure and support community development projects. This focus on growth is likely to attract further investment, enhancing the overall market conditions.

Home Value Estimator For Opa Locka, FL

There are currently 7,256 real estate properties in Opa Locka, FL, with a median automated valuation model (AVM) price of $433,034.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Opa Locka, 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 Opa Locka, FL, is $449,891.00, with the most expensive house in Opa Locka, FL, topping out at $24,568,917.00 and the cheapest home in Opa Locka, FL, clocking in at $91,582.00. In other words, there’s something for every potential homebuyer or savvy investor in Opa Locka, FL!

Rent Prices In Opa Locka, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Opa Locka, FL, is on a rollercoaster ride. The average rent price in Opa Locka, FL, is $1,543.00. Indeed, when looking to rent in Opa Locka, FL, you can expect to pay as little as $750.00 or as much as $3,630.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Opa Locka, 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.

Opa Locka, FL Foreclosures

Market Trend for Opa Locka, FL

Total Listings Available: 357

Market Values:

Home Prices from $91,582 to $24,568,917

Average Sales Price: $449,891

Rental Values:

Rental from $750 to $3,630

Average Rent Value: $1,543 / month

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