The housing market in Deerfield Beach, FL is a great investment opportunity due to the high median value and fast appreciation rate. The current median value of homes in Deerfield Beach is $276,400, which is significantly lower than the US median of $338,100. Additionally, the one year appreciation rate for houses in Deerfield Beach is 20.71%, which is more than double the US appreciation rate of 8.27%. With these facts in mind, investing in Deerfield Beach real estate looks to be a smart move for anyone looking for an excellent return on their investment.
The median home cost in Deerfield Beach is $276,400. Home appreciation the last 10 years has been 197.4%. Home Appreciation in Deerfield Beach is up 27.5%.
Average Age of Homes
- The median age of Deerfield Beach real estate is 40 years old
The Rental Market in Deerfield Beach
- Renters make up 28.1% of the Deerfield Beach population
- 1.2% of houses and apartments in Deerfield Beach, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.