City:

Opa Locka, FL

Opa Locka is a city in the state of florida with a population of roughly 72,680. It is in Miami-Dade County, Florida the Miami-Fort Lauderdale-West Palm Beach, FL core-based statistical areas (CBSA), and the Miami-Fort Lauderdale-Port St. Lucie, FL combined statistical area (CSA).Its Zip codes include 33055 ,33054 .

The Changing Face of Opa Locka: From Rental Properties to Luxury Homes

Real estate in Opa Locka, Florida is a hot commodity. The city has seen an influx of new residents and businesses in recent years, and the real estate market has responded accordingly. There are a number of reasons for this: Opa Locka is located in one of the most desirable parts of Miami-Dade County, it's close to both downtown Miami and Fort Lauderdale, and it's home to some of the best schools in the area.

The average price for a home in Opa Locka is currently $1.2 million, which is more than double the average price for a home in Miami-Dade County as a whole. This high demand has led to some serious competition among buyers and sellers alike, but it also seems to have created an environment where prices can be negotiated fairly easily. In fact, according to Zillow data, the median sale price for homes in Opa Locka was $769,000 over the past year – which is much lower than either Fort Lauderdale or Miami Beach.

There are several factors that contribute to Opa Locka's strong real estate market – chief among them are its location and its schools. While there are certainly other desirable cities nearby (such as Coral Gables or Brickell), none come close to matching what Opalocka has to offer when it comes to amenities and quality of life. Plus, with so many new residents moving into town – both from outside Miami-Dade County and from all over the country – there's always plenty of demand for housing stock.

Of course, not everyone who wants to buy property in Opalocka will be able do so at current prices; although they're still quite high by local standards, they may not be sustainable over time if interest rates continue their current trajectory or if other economic factors change adversely. Nevertheless,Opalockans who do find themselves able purchase property should definitely take advantage of these opportunities; there's no telling how long they'll last!

Price Index: Miami-Miami Beach-Kendall, FL (MSAD)

Zip codes in Opa Locka

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