Housing in Conway, FL is significantly more expensive than the US median value for houses. The median value for a house in Conway, FL is $405,200 while the US median value for houses is only $338,100. This difference of over $60,000 is quite substantial, and further emphasizes the area's high cost of living. However, this high cost of living comes with a higher rate of appreciation as well. In the last year, house prices in Conway have appreciated by 18.12%, which is almost double the US rate of 8.27%. This shows that investing in housing in Conway can yield great returns on investment and can be beneficial to those looking to buy property in the area.
The median home cost in Conway is $405,200. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Conway is up 22.4%.
Average Age of Homes
- The median age of Conway real estate is 43 years old
The Rental Market in Conway
- Renters make up 22.8% of the Conway population
- 0.6% of houses and apartments in Conway, 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.