Aventura appreciation rates and housing market information

Aventura housing market information

With a population of 25,267, 20,020 total housing units (homes and apartments), and a median house value of $285,800, Aventura real estate prices are well above average cost compared to national prices.

large apartment complexes or high rise apartments are the single most common housing type in Aventura, accounting for 91.30% of the city's housing units. Other types of housing that are prevalent in Aventura include row houses and other attached homes (4.79%), single-family detached homes (3.15%), and a few duplexes, homes converted to apartments, or other small apartment buildings (0.65%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.

Dwellings in Aventura tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 82.50% of the homes in Aventura have two or fewer bedrooms.

There is a lot of housing in Aventura built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Aventura built from 1995 and later (16.08%). A lesser amount of the housing stock also hails from 1940-1969 (9.52%), and some were built from 1939 and earlier (9.52%).

Aventura home appreciation rates

In the last 10 years, Aventura has experienced some of the highest home appreciation rates of any community in the nation. Aventura real estate appreciated 149.30% over the last ten years, which is an average annual home appreciation rate of 14.93%, putting Aventura in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Aventura definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Aventura appreciation rates have trailed the rest of the nation. In the last twelve months, Aventura's appreciation rate has been -8.82%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Aventura were at -4.96%, which equates to an annual appreciation rate of -19.84%.

Notably, Aventura's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Florida, our data show that Aventura's latest annual appreciation rate is higher than 67% of the other cities and towns in Florida.