Bay Lake, FL has an impressive housing market with a median value of $140,400, which is considerably lower than the US house median value of $338,100. The 1 year house appreciation rate in Bay Lake is also quite high at 18.33%, much higher than the national average of 8.27%. This makes Bay Lake a great place to invest in property and take advantage of the increasing market value. With such low prices and high appreciation rates, Bay Lake is becoming increasingly attractive to buyers looking for a great home in Florida.
The median home cost in Bay Lake is $140,400. Home appreciation the last 10 years has been 186.5%. Home Appreciation in Bay Lake is up 22.6%.
Average Age of Homes
- The median age of Bay Lake real estate is 14 years old
The Rental Market in Bay Lake
- Renters make up 0.0% of the Bay Lake population
- 0.0% of houses and apartments in Bay Lake, 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.