Indian River, FL County is an attractive place to buy a home due to its higher than average median housing values and appreciation rates. The median house value in Indian River is currently at $363,600, which is more than the national median of $338,100. Additionally, the one year appreciation rate in Indian River is 15.93%, much higher than the US one year appreciation rate of 8.27%. This makes buying a home in Indian River an attractive investment option for potential buyers.
The median home cost in Indian River County is $363,600. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Indian River County is up 26.8%.
Average Age of Homes
- The median age of Indian River County real estate is 29 years old
The Rental Market in Indian River County
- Renters make up 19.2% of the Indian River County population
- 3.9% of houses and apartments in Indian River County, 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.