Cinco Bayou, FL is a great place to live for anyone looking for an affordable home. The median value of houses in the city is $301,600, which is lower than the national median value of $338,100. Furthermore, the rate of appreciation for housing in Cinco Bayou is 14.18% compared to the national average of 8.27%. This means that home values are increasing at a greater rate in this city than other parts of the country, making it an appealing destination for those looking to invest in property.
The median home cost in Cinco Bayou is $301,600. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Cinco Bayou is up 20.1%.
Average Age of Homes
- The median age of Cinco Bayou real estate is 30 years old
The Rental Market in Cinco Bayou
- Renters make up 44.8% of the Cinco Bayou population
- 0.0% of houses and apartments in Cinco Bayou, 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.