Thread by @MiamiHerald

For renters, Miami-Dade County is the most expensive metropolitan area in the United States, but homebuyers have it better. (THREAD) #PricedOutofParadise

Still, buying isn’t cheap. In Miami-Dade, the median price for a single-family home is now $372,000, while the median price of a condo is $249,500, according to the Miami Realtors Association. #PricedOutofParadise

Despite those high prices, some neighborhoods still offer strong value. #PricedOutofParadise hrld.us/2LW8gPw

Take Flagami, for instance. Despite its proximity to the airport and State Road 836, gentrification has not yet come to Flagami. “Flagami is one of those markets where the affordability is still very strong for buyers.” #PricedOutofParadise hrld.us/2LSjBA8

If you’re willing to take on a fixer-upper, then North Miami might be your best bet, but you’ll probably have to act fast. #PricedOutofParadise

The median sales price for a home in North Miami is now about $250,000, up 6 % from last year, according to Zillow. One reason: North Miami is officially the fastest-growing city in Miami-Dade. #PricedOutofParadise hrld.us/2LTKqnJ

Just north of Miami-Dade, there’s also Hollywood. The city remains a draw for middle-class, first-time home buyers, according to one Realtor. #PricedOutofParadise hrld.us/2LUOxQh

Of the around 1,200 Hollywood homes that sold in the last six months, 678 were single family homes, and around half sold for under $300,000. #PricedOutofParadise

Keep driving north of Hollywood, and you might be able to score a deal in “The city for your life”: Tamarac. #PricedOutofParadise

In this “very up and coming” city, $350,000 can get you a lot. That includes a brand new home. #PricedOutofParadise hrld.us/2M0LoyC

Want more options, then Miami Lakes might have something for you. #PricedOutofParadise

Singles, couples and small families with budgets of $300,000 or less could find condos or townhouses in new developments that have sprung up over the years. #PricedOutofParadise hrld.us/2LNBiRe

But what if you’re looking to live inside the city of Miami? A short hop from downtown and Wynwood, there is a place where buyers can find homes with nice yards and old oak trees at bargain prices: Liberty City. #PricedOutofParadise

Miami’s Liberty City is a fabled African American neighborhood that has indisputably seen better days. But it’s on the early part of an upswing. #PricedOutofParadise hrld.us/2LVzy8H

While that’s given rise to fears of gentrification, most asking prices remain well below the $360,000 county median, making the neighborhood newly attractive to buyers who have been priced out of other areas, such as nearby Hialeah. #PricedOutofParadise

Which brings us to the City of Progress — Hialeah, a once-affordable city where home prices are today among the fastest-rising in the county. #PricedOutofParadise

Hialeah is Miami-Dade’s second largest city. And its location makes it an attractive choice for buyers, But finding a single-family home at that price can be a struggle. #PricedOutofParadise hrld.us/34XeZSa

Want to see where you can afford to buy or rent in South Florida? Use our interactive tool: hrld.us/318jg3j #PricedOutofParadise

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