Home prices
The value of the median home in Bal Harbour is $1,267,600. This is approximately $866,080 (215%) higher compared to its surrounding areas.It is roughly $1,050,100 (482%) higher in comparison to the United States as a whole, and in comparison to the city of Miami is roughly $949,900 (298%) higher.
Rents
In Bal Harbour the median monthly rent is $1,845. It is approximately $261 (16%) higher in comparison to other places in this area.It is roughly $783 (73%) higher compared to the entire nation, and it is approximately $662 (55%) higher compared to the city of Miami.
Nearby places
Surfside
Surfside is Bal Harbour's neighbor to the south. The real estate prices there are substantially less expensive. The median home value in Surfside is $625,500, which is $642,100 (102%) lower than Bal Harbour. Rents there are a little more expensive. Surfside's median monthly rent is $1,977, which works out to $132 (6%) higher than Bal Harbour.
Bay Harbor Islands
Bay Harbor Islands is about 0.6 miles southwest of Bal Harbour. The housing prices there are a lot less expensive. The median home in Bay Harbor Islands costs $362,300, which works out to $905,300 (249%) lower than Bal Harbour. Its rents are pretty similar. Bay Harbor Islands's median monthly rent is $1,774, which comes out to $71 (4%) lower than Bal Harbour.
North Miami
North Miami is about 2 miles west from Bal Harbour. Real estate prices there are significantly less expensive. The median home value in North Miami is $202,600, which comes out to $1,065,000 (525%) lower than Bal Harbour. Rents there are a lot less expensive. North Miami's median monthly rent is $1,172, which is $673 (57%) lower than Bal Harbour.
Biscayne Park
Biscayne Park is approximately 3 miles west of Bal Harbour. The real estate prices there are substantially less expensive. The median home in Biscayne Park costs $457,300, which comes out to $810,300 (177%) lower than Bal Harbour. The rent there is a lot less expensive. In Biscayne Park the median rent is $1,389 a month, which is $456 (32%) lower than Bal Harbour.
Sunny Isles Beach
Sunny Isles Beach is approximately 3 miles north of Bal Harbour. Its real estate prices are substantially less expensive. The median home cost in Sunny Isles Beach is $359,900, which works out to $907,700 (252%) lower than Bal Harbour. Rents there are somewhat less expensive. The median rent in Sunny Isles Beach is $1,610 per month, which works out to $235 (14%) lower than Bal Harbour.
