Coconut Creek, FL is an area with a booming housing market that stands well above the national average. The median value of homes in Coconut Creek is $318,200, which is significantly higher than the US median value of $338,100. Additionally, the one year house appreciation rate in Coconut Creek is 17.45%, more than double the US average of 8.27%. This data suggests that now is a great time to buy or invest in a home in Coconut Creek, as housing values are increasing rapidly and prices are still relatively low compared to other parts of the country.
The median home cost in Coconut Creek is $318,200. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Coconut Creek is up 26.6%.
Average Age of Homes
- The median age of Coconut Creek real estate is 29 years old
The Rental Market in Coconut Creek
- Renters make up 28.9% of the Coconut Creek population
- 2.6% of houses and apartments in Coconut Creek, 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.