The housing market in Pea Ridge, FL is currently doing well. The median value of homes in the area is $157,600, much lower than the US median house value of $338,100. In the last year, Pea Ridge has seen an impressive appreciation rate of 14.18%, almost double the national rate of 8.27%. This indicates a strong and healthy real estate market in Pea Ridge, offering potential buyers great value for their money.
The median home cost in Pea Ridge is $157,600. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Pea Ridge is up 20.1%.
Average Age of Homes
- The median age of Pea Ridge real estate is 33 years old
The Rental Market in Pea Ridge
- Renters make up 32.5% of the Pea Ridge population
- 2.0% of houses and apartments in Pea Ridge, 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.