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There are currently 8 real estate properties in Riviera Beach, MD, with a median automated valuation model (AVM) price of $411,773.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Riviera Beach, MD, 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 Riviera Beach, MD, is $497,923.00, with the most expensive house in Riviera Beach, MD, topping out at $930,470.00 and the cheapest home in Riviera Beach, MD, clocking in at $197,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Riviera Beach, MD!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Riviera Beach, MD, is on a rollercoaster ride. The average rent price in Riviera Beach, MD, is $2,015.00. Indeed, when looking to rent in Riviera Beach, MD, you can expect to pay as little as $1,250.00 or as much as $2,670.00, with the average rent median estimated to be $1,880.00. The good news is that finding an affordable and desirable property to rent in Riviera Beach, MD -- 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.
Riviera Beach is located in Anne Arundel, Maryland, with an estimated municipal population of 12,658 residents. All of the best foreclosed homes for sale in Riviera Beach are located in the following zip code areas on Foreclosure.com: 21122 21226. The estimated population per square kilometer (.62 miles) in Riviera Beach is 1,855.
So, about how much do homes cost in Riviera Beach? The most recent median value of resident-owned homes in Riviera Beach is 268,038. An estimated 87 percent of households in Riviera Beach own their homes, with an average family size of 3.31. The median household income in Riviera Beach is 96,359, with48.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Riviera Beach, the median commute time of resident workers (in minutes) is 30.6. And last, but certainly not least, are you looking for homes to rent in Riviera Beach? If so, the average rent price paid by renters in Riviera Beach is 1,801, 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 Riviera Beach, 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 Riviera Beach is 37.9, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Riviera Beach is 54.1, with an average family size of 3.31.
The percentage of residents who report their race in Riviera Beach is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Riviera Beach? Or maybe you are searching for 55+ active adult communities in and/or near Riviera Beach?
The percentage of residents who report their age in Riviera Beach 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 Riviera Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Riviera Beach.
How do you know that living in -- or moving to -- Riviera Beach is right where you need to be? Perhaps you grew up in Riviera Beach or already live nearby; therefore, the decision to buy a home in Riviera Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Riviera Beach 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 Riviera Beach:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Riviera Beach.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Riviera Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Riviera Beach, meanwhile, can field multiple offers from more qualified buyers.
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