There are currently 3,939 real estate properties in Miami Springs, FL, with a median automated valuation model (AVM) price of $689,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Miami Springs, 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 Miami Springs, FL, is $696,697.00, with the most expensive house in Miami Springs, FL, topping out at $3,836,900.00 and the cheapest home in Miami Springs, FL, clocking in at $187,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Miami Springs, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Miami Springs, FL, is on a rollercoaster ride. The average rent price in Miami Springs, FL, is $2,293.00. Indeed, when looking to rent in Miami Springs, FL, you can expect to pay as little as $800.00 or as much as $4,460.00, with the average rent median estimated to be $2,320.00. The good news is that finding an affordable and desirable property to rent in Miami Springs, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Miami Springs, FL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Miami Springs, FL and much more. Save thousands at closing with home foreclosure listings in Miami Springs, FL — up to 75% off market value!
Miami Springs is located in Miami-Dade, Florida, with an estimated municipal population of 13,917 residents. All of the best foreclosed homes for sale in Miami Springs are located in the following zip code areas on Foreclosure.com: 33166 33011. The estimated population per square kilometer (.62 miles) in Miami Springs is 1,866.
So, about how much do homes cost in Miami Springs? The most recent median value of resident-owned homes in Miami Springs is 410,876. An estimated 56.5 percent of households in Miami Springs own their homes, with an average family size of 3.44. The median household income in Miami Springs is 61,795, with31.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Miami Springs, the median commute time of resident workers (in minutes) is 27.1. And last, but certainly not least, are you looking for homes to rent in Miami Springs? If so, the average rent price paid by renters in Miami Springs is 1,134, according to recent statistics.
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 Miami Springs, 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 Miami Springs is 44.6, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Miami Springs is 51.8, with an average family size of 3.44.
The percentage of residents who report their race in Miami Springs is as follows:
|Black / African American||1.7%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Miami Springs? Or maybe you are searching for 55+ active adult communities in and/or near Miami Springs?
The percentage of residents who report their age in Miami Springs is as follows:
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 Miami Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Miami Springs.
How do you know that living in -- or moving to -- Miami Springs is right where you need to be? Perhaps you grew up in Miami Springs or already live nearby; therefore, the decision to buy a home in Miami Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Miami Springs 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 Miami Springs:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Miami Springs.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Miami Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Miami Springs, meanwhile, can field multiple offers from more qualified buyers.
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