The housing market in Montverde, FL is thriving! The median value of a house in Montverde is currently $540,400, which is significantly higher than the US median value of $338,100. Moreover, the 1 year appreciation rate for housing in Montverde is 24.20%, almost triple the US one year appreciation rate of 8.27%. All of this indicates that people are actively seeking out real estate in this beautiful city and there is an upward trend in terms of prices and demand. This may make it difficult for first-time homebuyers to get their foot on the property ladder, but it also bodes well for those who already own a home or are looking to invest in real estate.
The median home cost in Montverde is $540,400. Home appreciation the last 10 years has been 209.1%. Home Appreciation in Montverde is up 29.6%.
Average Age of Homes
- The median age of Montverde real estate is 19 years old
The Rental Market in Montverde
- Renters make up 22.2% of the Montverde population
- 0.0% of houses and apartments in Montverde, 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.