Median real estate price in the Town Center of Miami is $70,279, which is less expensive than 95.7% of Arizona neighborhoods and 94.3% of all U.S. neighborhoods.
The average rental price in Miami Town Center is currently $975, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.8% of Arizona neighborhoods.
Miami Town Center is a suburban neighborhood (based on population density) located in Miami, Arizona.
Real estate in the Town Center of Miami, AZ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and mobile homes. Most of the residential real estate is owner occupied. Many of the residences in the Town Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Miami Town Center. The current real estate vacancy rate here is 21.7%. This is higher than the rate of vacancies in 87.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.