Greenacres, FL is a great place to invest in real estate. The median housing value is currently $282,200, which is significantly lower than the US median value of $338,100. The past year has seen an impressive 22.04% increase in house values in Greenacres compared to just 8.27% nationwide. This makes it an ideal time for prospective buyers and investors to purchase property in the area and take advantage of the high appreciation rate, as well as the relatively low prices available now.
The median home cost in Greenacres is $282,200. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Greenacres is up 27.8%.
Average Age of Homes
- The median age of Greenacres real estate is 30 years old
The Rental Market in Greenacres
- Renters make up 28.3% of the Greenacres population
- 1.9% of houses and apartments in Greenacres, 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.