The housing market in Cabana Colony, FL is thriving. The median value of homes in the area is $291,800, significantly lower than the US median house value of $338,100. This affordability allows for more buyers to enter the market and take advantage of the current market conditions. The one-year appreciation rate for houses in this area has been higher than the US average at 22.04%, compared to 8.27%. This robust growth rate opens up opportunities for buyers looking to invest in real estate and benefit from rising property values.
The median home cost in Cabana Colony is $291,800. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Cabana Colony is up 27.8%.
Average Age of Homes
- The median age of Cabana Colony real estate is 51 years old
The Rental Market in Cabana Colony
- Renters make up 30.3% of the Cabana Colony population
- 0.0% of houses and apartments in Cabana Colony, 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.