The housing market in Polk, FL County is booming. The median value of a home in the county is $312,500, much lower than the US median house value of $338,100. However, the annual house appreciation rate is significantly higher than the national average at 23.86%, while the US 1 year House Appreciation rate is 8.27%. This shows that investing in real estate in Polk County could be a good long-term decision for those looking to build wealth and secure their financial future.
The median home cost in Polk County is $312,500. Home appreciation the last 10 years has been 187.4%. Home Appreciation in Polk County is up 25.6%.
Average Age of Homes
- The median age of Polk County real estate is 29 years old
The Rental Market in Polk County
- Renters make up 23.8% of the Polk County population
- 1.4% of houses and apartments in Polk 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.