The housing market in Babson Park, FL is booming with a median home value of $214,000. This is significantly lower than the US median home value of $338,100. Despite this gap, the 1 year house appreciation rate in Babson Park is 19.81%, which is more than double the US average of 8.27%. This suggests that Babson Park is an ideal location for those looking to purchase a home and expecting to get great returns on their investment over time.
The median home cost in Babson Park is $214,000. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Babson Park is up 25.4%.
Average Age of Homes
- The median age of Babson Park real estate is 44 years old
The Rental Market in Babson Park
- Renters make up 18.3% of the Babson Park population
- 0.0% of houses and apartments in Babson Park, 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.