The housing market in Fern Park, FL continues to remain strong, with the median value of $270,300 being slightly lower than the US median house value of $338,100. However, appreciation in Fern Park is much higher than the US rate at 20.33%, far more than double the 8.27% appreciation rate nationwide. This indicates that homes in Fern Park are increasing in value faster than other parts of the country and continue to be a good investment for homeowners and potential buyers alike.
The median home cost in Fern Park is $270,300. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Fern Park is up 25.3%.
Average Age of Homes
- The median age of Fern Park real estate is 43 years old
The Rental Market in Fern Park
- Renters make up 22.8% of the Fern Park population
- 3.2% of houses and apartments in Fern Park, 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.