Destin, FL is an area that has seen a significant rise in housing values over the past year. According to the data provided, the median value of a home in Destin is $605,200, nearly double the national median value of $338,100. This is reflected in the 1-year House Appreciation rate of 14.18% - nearly double that of the national average at 8.27%. Clearly this is an area where housing values are increasing rapidly and could be a great investment opportunity for potential homeowners and investors alike.
The median home cost in Destin is $605,200. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Destin is up 20.1%.
Average Age of Homes
- The median age of Destin real estate is 25 years old
The Rental Market in Destin
- Renters make up 13.1% of the Destin population
- 12.3% of houses and apartments in Destin, 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.