The housing market in Lauderdale-by-the-Sea, FL is thriving. The median value of houses here is $585,800, significantly higher than the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation rate is 8.27%, but in Lauderdale-by-the-Sea the appreciation rate is an impressive 20.55%. This indicates that the housing market in Lauderdale-by-the-Sea is booming and provides a great investment opportunity for potential homeowners.
The median home cost in Lauderdale-by-the-Sea is $585,800. Home appreciation the last 10 years has been 179.8%. Home Appreciation in Lauderdale-by-the-Sea is up 26.8%.
Average Age of Homes
- The median age of Lauderdale-by-the-Sea real estate is 45 years old
The Rental Market in Lauderdale-by-the-Sea
- Renters make up 15.9% of the Lauderdale-by-the-Sea population
- 2.0% of houses and apartments in Lauderdale-by-the-Sea, 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.