Key Largo, FL is an affluent area with a median housing value of $979,400. This is nearly three times the US median house value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, while Key Largo's 1 year house appreciation rate is 17.45%. These figures clearly show that Key Largo has experienced a much higher rate of growth in the past year than the national average. This makes it an attractive option for potential home buyers looking to invest in property in this exclusive location.
The median home cost in Key Largo is $979,400. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Key Largo is up 26.6%.
Average Age of Homes
- The median age of Key Largo real estate is 35 years old
The Rental Market in Key Largo
- Renters make up 16.0% of the Key Largo population
- 2.5% of houses and apartments in Key Largo, 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.