Miramar Real Estate Market Overview
Average Monthly Rent:
$2,383
Percentage Change in Home Price/Value:
16.3%
Median Home Value:
$410,000
Best Time To Sell Home:
December
Affordability Index:
116
Days To Sell House:
56
Job Market:
Fair
Public School Ranking:
18
Location & Weather
Miramar is located in the southwestern region of Broward County, and is the third largest city in the area in terms of geographic size. Miramar has a central location between Ft. Lauderdale and Miami, giving residents access to the combined cities airports and seaports.
Miramar has a temperate climate and receives over 60 inches of rain per year, making this a cooler city in comparison to other Florida cities.
Population, Job Market & Cost of Living
Miramar’s population is 143,072, with a growth rate of 0.44% annually. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 40.2%. This family-oriented city was named in the top 100 America’s Best Places to Live, by Money Magazine in 2006 and 2008. Miramar is full of education opportunities, community based parks, year-round city events and a redeveloped downtown full of Mediterranean style architecture, which is one of the city’s leading industries.
Legal work, law enforcement, and health practitioners are also some of the major industries here. Miramar’s larger size results in decreased affordability. Its cost of living is higher than Florida’s average due to housing and transportation costs.