The housing market in Black Hammock, FL is booming. The median value of a house is $409,200, which is significantly higher than the US median value of $338,100. Over the past year, the US housing market has experienced an appreciation rate of 8.27%, while Black Hammock has seen an even greater appreciation rate of 20.33%. This reflects the strength and stability of the housing market in this area and should be taken into consideration by anyone looking to invest in real estate or relocate to this area.
The median home cost in Black Hammock is $409,200. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Black Hammock is up 25.3%.
Average Age of Homes
- The median age of Black Hammock real estate is 16 years old
The Rental Market in Black Hammock
- Renters make up 6.3% of the Black Hammock population
- 0.0% of houses and apartments in Black Hammock, 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.