The housing market in Forest City, FL is incredibly strong. The median value of a house is currently $332,800 which is slightly lower than the US median value of $338,100. However, this area has seen incredible appreciation over the past year with a 20.33% increase in value, far exceeding the national average of 8.27%. This demonstrates that Forest City is a great choice for potential homeowners and investors alike who are looking to grow their wealth through real estate.
The median home cost in Forest City is $332,800. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Forest City is up 25.3%.
Average Age of Homes
- The median age of Forest City real estate is 35 years old
The Rental Market in Forest City
- Renters make up 32.1% of the Forest City population
- 2.9% of houses and apartments in Forest City, 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.