The housing market in Altoona, FL is booming with a median value of $223,000. This is significantly lower than the US median house value of $338,100, making it an attractive option for prospective homebuyers. Furthermore, the 1-year house appreciation rate in Altoona has been 20.33%, which is much higher than the US rate of 8.27%. This suggests that homes here are gaining significant value over time and could make for a wise investment. All in all, Altoona is an ideal place to buy a home as prices remain relatively low and appreciation rates are high.
The median home cost in Altoona is $223,000. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Altoona is up 25.3%.
Average Age of Homes
- The median age of Altoona real estate is 78 years old
The Rental Market in Altoona
- Renters make up 35.2% of the Altoona population
- 0.0% of houses and apartments in Altoona, 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.