There are currently 1,591 real estate properties in Medley, FL, with a median automated valuation model (AVM) price of $614,120.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medley, 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 Medley, FL, is $597,313.00, with the most expensive house in Medley, FL, topping out at $2,118,992.00 and the cheapest home in Medley, FL, clocking in at $113,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Medley, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medley, FL, is on a rollercoaster ride. The average rent price in Medley, FL, is $2,514.00. Indeed, when looking to rent in Medley, FL, you can expect to pay as little as $1,040.00 or as much as $5,200.00, with the average rent median estimated to be $2,540.00. The good news is that finding an affordable and desirable property to rent in Medley, 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.
Medley is located in Miami-Dade, Florida, with an estimated municipal population of 883 residents. All of the best foreclosed homes for sale in Medley are located in the following zip code areas on Foreclosure.com: 33178 33166 33198. The estimated population per square kilometer (.62 miles) in Medley is 67.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Medley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Medley is 53.9, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Medley is 43.7, with an average family size of 3.16.
The percentage of residents who report their race in Medley is as follows:
White | 99.5% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0.5% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Medley? Or maybe you are searching for 55+ active adult communities in and/or near Medley?
The percentage of residents who report their age in Medley is as follows:
Under 10 | 4.5% |
Aged 10-19 | 10.2% |
20s | 11.9% |
30s | 5.2% |
40s | 9.8% |
50s | 20.3% |
60s | 15.4% |
70s | 10.5% |
80+ | 12.3% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Medley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Medley.
How do you know that living in -- or moving to -- Medley is right where you need to be? Perhaps you grew up in Medley or already live nearby; therefore, the decision to buy a home in Medley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Medley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Medley:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Medley.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Medley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Medley, meanwhile, can field multiple offers from more qualified buyers.
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