South Pasadena, FL is a great place to invest in real estate. The median value of housing in this area is $361,900 which is higher than the US House Median Value of $338,100. This area has seen an impressive 1-year house appreciation rate of 20.41%, which is much higher than the national rate of 8.27%. Investing in South Pasadena's housing market could bring excellent returns and stability for potential home buyers or investors alike.
The median home cost in South Pasadena is $361,900. Home appreciation the last 10 years has been 222.8%. Home Appreciation in South Pasadena is up 28.5%.
Average Age of Homes
- The median age of South Pasadena real estate is 41 years old
The Rental Market in South Pasadena
- Renters make up 30.6% of the South Pasadena population
- 0.6% of houses and apartments in South Pasadena, 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.