The housing market in Lighthouse Point, FL is booming. The median value of a house in Lighthouse Point is significantly higher than the US median value at $772,200 compared to $338,100. This is reflected in the higher house appreciation rate of 17.45% year-on-year which is almost double the US annual appreciation rate of 8.27%. It's clear that homes in Lighthouse Point are in high demand and make for a great investment opportunity.
The median home cost in Lighthouse Point is $772,200. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Lighthouse Point is up 26.6%.
Average Age of Homes
- The median age of Lighthouse Point real estate is 49 years old
The Rental Market in Lighthouse Point
- Renters make up 16.2% of the Lighthouse Point population
- 1.7% of houses and apartments in Lighthouse Point, 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.