Palm Valley, FL is a highly sought-after area for those looking to invest in real estate. The housing median value in the area is much higher than the US average at $594,500, and the 1 year house appreciation rate has been incredibly impressive at 18.62%. This rate of growth is nearly double that of the national 1 year house appreciation rate of 8.27%. With this kind of appreciation and a higher median value than the US average, Palm Valley is an attractive option for those looking to invest in housing.
The median home cost in Palm Valley is $594,500. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Palm Valley is up 26.2%.
Average Age of Homes
- The median age of Palm Valley real estate is 26 years old
The Rental Market in Palm Valley
- Renters make up 20.8% of the Palm Valley population
- 2.7% of houses and apartments in Palm Valley, 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.