Fernandina Beach, FL has an incredibly high median value of housing compared to the US house median value. It is estimated that the US House Median Value is around $338,100 while Fernandina Beach, FL's is close to $556,300. This shows a significant difference in the value of housing between Fernandina Beach and the US on average. Furthermore, the one year house appreciation rate in Fernandina Beach is 18.62%, which is higher than the 8.27% across the United States making it an incredibly attractive location for people looking to invest in real estate.
The median home cost in Fernandina Beach is $556,300. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Fernandina Beach is up 26.2%.
Average Age of Homes
- The median age of Fernandina Beach real estate is 34 years old
The Rental Market in Fernandina Beach
- Renters make up 22.6% of the Fernandina Beach population
- 0.3% of houses and apartments in Fernandina 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.