The housing in LaBelle, FL is a great investment option. With a median value of $252,200, the housing market here is lower than the US average of $338,100. Furthermore, the one year house appreciation rate in LaBelle is 20.51%, significantly higher than the national average of 8.27%. For this reason it makes sense to consider investing in real estate in LaBelle as a smart long-term option for prospective buyers looking for a good return on their investment.
The median home cost in LaBelle is $252,200. Home appreciation the last 10 years has been 200.4%. Home Appreciation in LaBelle is up 29.5%.
Average Age of Homes
- The median age of LaBelle real estate is 37 years old
The Rental Market in LaBelle
- Renters make up 27.6% of the LaBelle population
- 2.7% of houses and apartments in LaBelle, 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.