The housing market in Pinewood, Florida is booming! The median value for a home in Pinewood is $348,500, which is significantly higher than the US house median of $338,100. In addition to the already high prices, the 1 year appreciation rate for houses in Pinewood is 22.93% - more than double the US average of 8.27%. This means that investing in real estate in Pinewood is a great opportunity for people looking to make some money off of their investment. With such a strong housing market and appreciation rates this high, it's no wonder why so many people are seeking out homes in Pinewood.
The median home cost in Pinewood is $348,500. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Pinewood is up 25.1%.
Average Age of Homes
- The median age of Pinewood real estate is 55 years old
The Rental Market in Pinewood
- Renters make up 48.8% of the Pinewood population
- 2.0% of houses and apartments in Pinewood, 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.