The housing market in New Smyrna Beach, FL is booming. The median house value in the area is $446,300 - significantly higher than the national median of $338,100. Furthermore, the house appreciation rate has been much higher in New Smyrna Beach compared to the US as a whole - 18.41% versus 8.27%. With such a robust growth rate and high median value, it's no surprise that many are flocking to invest in New Smyrna Beach's housing market.
The median home cost in New Smyrna Beach is $446,300. Home appreciation the last 10 years has been 146.5%. Home Appreciation in New Smyrna Beach is up 25.7%.
Average Age of Homes
- The median age of New Smyrna Beach real estate is 34 years old
The Rental Market in New Smyrna Beach
- Renters make up 19.7% of the New Smyrna Beach population
- 3.1% of houses and apartments in New Smyrna 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.