The housing market in Balm, FL is thriving. The median value of a home in the area is $284,800, which is significantly lower than the US median value of $338,100. This makes Balm an attractive option for many buyers looking to purchase a house at a more affordable price. Additionally, in the past year, the appreciation rate for houses in Balm has been 20.71%, which is significantly higher than the 8.27% average appreciation rate across the US. These factors make Balm an ideal location for those looking for high quality housing at a great price.
The median home cost in Balm is $284,800. Home appreciation the last 10 years has been 181.6%. Home Appreciation in Balm is up 28.5%.
Average Age of Homes
- The median age of Balm real estate is 7 years old
The Rental Market in Balm
- Renters make up 7.5% of the Balm population
- 0.0% of houses and apartments in Balm, 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.