Beverly Hills, FL has an impressive housing market with a median value of $230,400 – much lower than the US House Median Value of $338,100. However, what makes this market even more remarkable is that in the last year, it had an incredible appreciation rate of 24.24%, which is far higher than the US 1-year House Appreciation of 8.27%. This shows that investment in housing in Beverly Hills is a sound decision and can provide significant returns. It is also worth noting that despite its lower median value compared to the rest of the country, this city still offers plenty of desirable housing options for individuals looking for a place to call home.
The median home cost in Beverly Hills is $230,400. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Beverly Hills is up 29.3%.
Average Age of Homes
- The median age of Beverly Hills real estate is 38 years old
The Rental Market in Beverly Hills
- Renters make up 27.3% of the Beverly Hills population
- 2.0% of houses and apartments in Beverly Hills, 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.