Hutchinson Island South, FL is a great place to buy a home due to the fact that it has a higher median value than the U.S. average median value at $543,700, and it also has seen much higher appreciation in the past year at 17.85%, as compared to only 8.27% for the U.S. overall. This makes Hutchinson Island South a great place for someone looking to make an investment in housing either for themselves or through purchasing rental properties as they can expect to see much more growth in their investments over time than other areas with lower appreciation rates.
The median home cost in Hutchinson Island South is $543,700. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Hutchinson Island South is up 27.2%.
Average Age of Homes
- The median age of Hutchinson Island South real estate is 31 years old
The Rental Market in Hutchinson Island South
- Renters make up 9.6% of the Hutchinson Island South population
- 2.4% of houses and apartments in Hutchinson Island South, 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.