West Miami, FL Foreclosures
How much do homes sell for in West Miami, FL?
The average home price is currently $682,386.
What’s the average rental cost in West Miami, FL?
The average rental price in West Miami is $2,128.
What is the most expensive home in West Miami?
The most expensive home sold in West Miami had a price of $3,435,835.
What is currently the cheapest priced home in West Miami, FL?
The cheapest home for sale in West Miami is priced at $257,104.
Living in West Miami, FL
West Miami, FL is a vibrant community that offers a small-town feel with big-city convenience. With its accessible location, various dining and shopping options, and beautiful parks, it is ideal for families and professionals. The city's friendly atmosphere and diverse cultural heritage add to its charm.
Current Market Conditions in West Miami, FL
West Miami has been experiencing a steady increase in property values as demand continues to rise in this desirable area. The market is characterized by a mix of single-family homes, townhomes, and condominiums, catering to a diverse population. Over the past year, the area has seen a growth in new developments and renovations, further enhancing its appeal.
Homes in West Miami typically sell quickly due to the limited inventory and high demand, especially among first-time buyers and investors looking to capitalize on the growing market. Overall, the market is competitive, making it an excellent time for sellers, while buyers remain eager to secure properties in this sought-after region.
Home Value Estimator For West Miami, FL
There are currently 985 real estate properties
in West Miami, FL,
with a median automated valuation model (AVM) price
of $662,711.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in West 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 West Miami, FL,
is $682,386.00, with the most expensive house
in West Miami, FL, topping out
at $3,435,835.00 and the cheapest home
in West Miami, FL,
clocking in at $257,104.00. In other words, there’s
something for every potential homebuyer
or savvy investor in West Miami, FL!
Rent Prices
In West Miami, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in West Miami, FL, is on
a rollercoaster ride. The
average rent price in West Miami, FL,
is $2,128.00. Indeed, when looking to rent in
West Miami, FL, you can expect to pay as little
as $1,340.00 or as much
as $3,480.00,
with the average rent median estimated to
be $2,130.00. The good news is that finding
an affordable and desirable property to rent in West 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.
Learn more on Foreclosure homes
