Doctor Phillips, FL is a desirable area for housing due to its high median value of $480,300 compared to the US House Median Value of $338,100. Additionally, the US 1 year house appreciation rate is 8.27%, however, the 1 year appreciation rate in Doctor Phillips is much higher at 18.12%. This shows that housing in Doctor Phillips has been increasingly gaining in value and is an attractive option for potential buyers looking for a place to call home.
The median home cost in Doctor Phillips is $480,300. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Doctor Phillips is up 22.4%.
Average Age of Homes
- The median age of Doctor Phillips real estate is 28 years old
The Rental Market in Doctor Phillips
- Renters make up 17.1% of the Doctor Phillips population
- 4.3% of houses and apartments in Doctor Phillips, 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.