Palm River-Clair Mel, FL has a median housing value of $283,800, which is significantly lower than the US median housing value of $338,100. However, this area is experiencing an impressive 19.90% appreciation rate over the last year while the US as a whole only experienced 8.27% appreciation. This shows that Palm River-Clair Mel is a great place to invest in real estate and is an attractive prospect for individuals looking to buy or rent property in the near future.
The median home cost in Palm River-Clair Mel is $283,800. Home appreciation the last 10 years has been 195.3%. Home Appreciation in Palm River-Clair Mel is up 27.5%.
Average Age of Homes
- The median age of Palm River-Clair Mel real estate is 36 years old
The Rental Market in Palm River-Clair Mel
- Renters make up 37.6% of the Palm River-Clair Mel population
- 1.2% of houses and apartments in Palm River-Clair Mel, 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.