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Our data are calculated and updated every three months for each neighborhood, city and town, approximately two months after the end of the previous quarter. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage transactions to the FHFA. These data are combined with the data of the previous 29 years to establish price differentials on properties where more than one mortgage transaction has occurred. These resultant neighborhood appreciation rates are a broad measure of the movement of single-family house prices.
The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. Total monthly expenditure you can expect to incur depends on the cost of housing, food, utilities, transportation, healthcare, other miscellaneous goods and services. Note that your household composition and home ownership status (renting vs. owning) might affect your monthly expenses. Homeownership can be overwhelming, stressful, and confusing. Whether you’re searching for a new home, staying put, or somewhere in between, Realm is here to help.
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We use reliable, unbiased data to show you not only what a property is worth today, but what it could be worth in years to come. Our free tools give you accurate renovation cost estimates and tell you how much value a project will add. Plus, our insights are customized to each property, so you get trustworthy information you can actually use.
The median household income in Coral Springs is $77,360, which is 38% more than that of the state. The median income for an individual is $36,243, which is 16% more than that of the state. We currently cover standalone, single family homes in all 50 states, but not in every county.
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A cost of living calculator helps you to assess how much you will need to make in order to live comfortably in a specific city. It takes into account various expenses that you will make in your daily lives (on housing, food, utilities, transportation, entertainment, etc.) and helps you determine a livable salary. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Coral Springs differ in their investment potential, sometimes by a great deal. Are you planning a move to Coral Springs, FL and wondering if it is an expensive place to live in? Mortgages on properties financed by government-insured loans, such as FHA or VA mortgages, are excluded, as are properties with mortgages whose principal amount exceeds the conforming loan limit.
Importantly, this makes Coral Springs one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength. The most prevalent building size and type in Coral Springs are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.04% owning and 37.96% renting. The price range for all bedrooms and all property types is $1,275 to $15,000.
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Different neighborhoods within a city or town can have drastically different home appreciation rates. Our data are built upon median house values in each neighborhood, and combine data from the United States Bureau of the Census with quarterly house resale data. The data reflect appreciation rates for the neighborhood overall, not necessarily each individual house in the neighborhood. Appreciation rates are so strong in Coral Springs that despite a nationwide downturn in the housing market, Coral Springs real estate has continued to appreciate in value faster than most communities. Based on the last twelve months, short-term real estate investors have found good fortune in Coral Springs.
Homes sell for about 2% below list price and go pending in around 18 days. The predominate size of homes in the city based on the number of bedrooms. Homes include single family houses as well as apartment and condominium units. Average market rent is exclusively developed by NeighborhoodScout. It reveals the average monthly rent paid for market rate apartments and rental homes in the city, excluding public housing.
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The cost of living index for housing estimates the cost of housing in Coral Springs to be 148.4% of the national average. Housing is generally the biggest monthly cost that you would need to account for. The average rent in Coral Springs (located in Fort Lauderdale-Pompano Beach-Deerfield Beach Metro Div.) metro area for a 2-bed home is $1,988, which is 69% more than the average rent across the US. However, this average takes into account both metro and suburban areas. So, the costs may go up or down depending on which neighborhood you eventually decide to stay.
Redfin strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction. Coral Springs is part of Fort Lauderdale-Pompano Beach-Deerfield Beach Metro Div. Metro area, which is ranked 33 out of 273 cities across the US in terms of cost of living. According to C2ER , the cost of living in Coral Springs is estimated to be 117% of the national average making it one of the more expensive cities in the US. Based on Redfin's market data, we calculate that market competition in 33544, this home's neighborhood, is very competitive.
Find out the number of homebuyers searching to move in and out of Coral Springs, plus the top relocation destinations. The median home price in Coral Springs is $489,450 with a median price per sqft of $259. Create an account to save and share your favorite homes and searches.
Percentages are based on the number of housing units for each type over the total number of units across all types. Work with a top Coral Springs real estate agent to figure out the best selling strategy and start bidding wars on your home. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country. Work with a top Coral Springs real estate agent who can help you navigate the market and get the best deal.
Our cost of living calculator will give you an estimate of your expected expenditures on food, utilities, transportation, housing, healthcare, and more. Simply pick your marital status and family type from the drop-down. In the last 10 years, Coral Springs has experienced some of the highest home appreciation rates of any community in the nation. If you are a home buyer or real estate investor, Coral Springs definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Homes in Coral Springs receive 3 offers on average and sell in around 47 days.
Here’s what you can do next with your housing market report. Drought risk is based on water stress, which estimates how much of the future water supply will be used for human purposes, like watering the lawn. Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. Across the nation, 3% of homebuyers searched to move into Coral Springs from outside metros.
How much each home's value could increase with additional investment. We've analyzed what upgrades and changes are possible on each property in this neighborhood. Homes similar to Coral Springs Dr are listed between $370K to $370K at an average of $245 per square foot. Climate risk data is provided for informational purposes only.
Neighborhood appreciation rate data are based on transactions involving conforming, conventional mortgages. Only mortgage transactions on single-family properties are included. Conventional means that the mortgages are neither insured nor guaranteed by the FHA, VA, or other federal government entity. Single-family detached homes are the single most common housing type in Coral Springs, accounting for 49.81% of the city's housing units. The average homes sell for about 2% below list price and go pending in around 45 days. The average homes sell for about 1% below list price and go pending in around 46 days.
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