Pelican Bay, Florida is known for its luxurious housing with a median value of $1,230,200 – significantly more than the US House median value of $338,100. In addition to this impressive value, the appreciation rate of Pelican Bay houses has been quite remarkable at 19.57% in the last year - more than double of the 8.27% national average. It's easy to see why Pelican Bay is one of the most attractive areas in Florida for home buyers and investors alike.
The median home cost in Pelican Bay is $1,230,200. Home appreciation the last 10 years has been 194.8%. Home Appreciation in Pelican Bay is up 26.7%.
Average Age of Homes
- The median age of Pelican Bay real estate is 24 years old
The Rental Market in Pelican Bay
- Renters make up 2.3% of the Pelican Bay population
- 0.9% of houses and apartments in Pelican Bay, 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.