Southchase, FL is a great place to invest in housing. The median value of homes in the area is $308,900, which is much lower than the US House Median Value of $338,100. However, Southchase has experienced a much higher growth rate in housing appreciation within the past year at 18.12%, far higher than the US house appreciation rate of 8.27%. This makes Southchase an attractive option for potential homeowners looking for a good deal and strong returns on their investment.
The median home cost in Southchase is $308,900. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Southchase is up 22.4%.
Average Age of Homes
- The median age of Southchase real estate is 20 years old
The Rental Market in Southchase
- Renters make up 25.0% of the Southchase population
- 5.0% of houses and apartments in Southchase, 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.