Bay Hill, FL is an affluent area with a much higher median house value than the US average. The median house value in Bay Hill is $728,500, more than double the US median of $338,100. Over the past year, the appreciation rate for houses in Bay hill has been significantly higher than the national average of 8.27%, reaching 18.12%. This indicates that housing prices are steadily increasing in Bay Hill and is reflective of its appeal to affluent home buyers.
The median home cost in Bay Hill is $728,500. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Bay Hill is up 22.4%.
Average Age of Homes
- The median age of Bay Hill real estate is 30 years old
The Rental Market in Bay Hill
- Renters make up 14.3% of the Bay Hill population
- 2.5% of houses and apartments in Bay Hill, 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.