The housing market in Branford, FL is booming. The median value of a house in the city is currently $231,100, much lower than the US median value of $338,100. In the past year, US houses have appreciated an average of 8.27%, but in Branford, FL that number was even higher at 18.62% – indicating strong appreciation and desirability for the area. This makes Branford a great option for potential home owners and investors who are looking to benefit from an appreciating property market.
The median home cost in Branford is $231,100. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Branford is up 26.2%.
Average Age of Homes
- The median age of Branford real estate is 37 years old
The Rental Market in Branford
- Renters make up 44.3% of the Branford population
- 4.4% of houses and apartments in Branford, 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.