Raleigh, FL is a great place to buy a home because the median value of the housing there is $312,600. This is well below the national median value of $338,100. Additionally, housing in Raleigh has had an impressive appreciation rate of 15% over the past year, much higher than the national average of 8.27%. This suggests that now is a great time to invest in real estate in Raleigh, FL and those who do can expect to see substantial returns on their investment.
The median home cost in Raleigh is $312,600. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Raleigh is up 20.8%.
Average Age of Homes
- The median age of Raleigh real estate is 29 years old
The Rental Market in Raleigh
- Renters make up 42.1% of the Raleigh population
- 0.0% of houses and apartments in Raleigh, 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.