The housing market in South Patrick Shores, FL is on the rise. The median value of homes in the area is currently $317,900, which is slightly lower than the US median house value of $338,100. However, over the past year houses have appreciated by a remarkable 20.52% compared to the national average of 8.27%. This demonstrates that the housing market in South Patrick Shores has been booming and shows no sign of slowing down soon. Investing in this area could yield great returns for prospective homeowners or investors looking to break into this growing real estate market.
The median home cost in South Patrick Shores is $317,900. Home appreciation the last 10 years has been 211.6%. Home Appreciation in South Patrick Shores is up 26.8%.
Average Age of Homes
- The median age of South Patrick Shores real estate is 51 years old
The Rental Market in South Patrick Shores
- Renters make up 17.3% of the South Patrick Shores population
- 1.5% of houses and apartments in South Patrick Shores, 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.