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Zillow, Inc. holds real estate brokerage licenses in multiple states. Zillow , Inc. holds real estate brokerage licenses in multiple provinces. Fire risk estimates the risk of wildfires, based on the likelihood of burning in the future and the potential size and severity of a fire.
The average homes sell for about 2% below list price and go pending in around 47 days. The minimum salary you need to live in Coral Springs is the sum of your daily expenses , your monthly housing-related costs , any debt expenses , as well as your savings and investment goals. The average homes sell for about 2% above list price and go pending in around 11 days. Relative to Florida, our data show that Coral Springs's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida. Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents.
Storm Risk
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels. The proportion of homes and apartments in the city built within a certain time period. The percentage of housing units in the city that are occupied by the property owner versus occupied by a tenant . Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research.
Cape Coral was the most popular destination among Coral Springs homebuyers followed by Orlando and Jacksonville.
Real Estate Market Insights for 27040 Coral Springs Dr
For over 45 years, Homes & Land has helped homebuyers search for their perfect home. With real estate listings and houses for sale across the US and Canada, our goal is to make it easy to find your next new home. Get expert assistance from a real estate agent in your area with Homes & Land. By providing this information, Redfin and its agents are not providing advice or guidance on flood risk, flood insurance, or other climate risks.
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.
Price Range
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.
Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level.
Zip Code Listings
Mortgage transactions on condominiums or multi-unit properties are also excluded. As such, NeighborhoodScout does not produce appreciation rates for neighborhoods that consist solely of renters or have no single-family homes . In October 2022, Coral Springs home prices were up 11.7% compared to last year, selling for a median price of $525K. On average, homes in Coral Springs sell after 49 days on the market compared to 42 days last year. There were 131 homes sold in October this year, down from 176 last year. Get an estimate of income required to live comfortably in Coral Springs.
The appreciation rates serve as an accurate indicator of house price trends at the neighborhood level. Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.
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.
Of homes in Coral Springs are required to have flood insurance. 80% of Coral Springs homebuyers searched to stay within the Coral Springs metropolitan area. New York homebuyers searched to move into Coral Springs more than any other metro followed by Washington and Boston. In Sep '22 - Nov '22, 20% of Coral Springs homebuyers searched to move out of Coral Springs, while 80% looked to stay within the metropolitan area.
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.
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