Cedar Grove, FL is an area with a thriving housing market. The median value of homes in Cedar Grove is $150,900, which is significantly lower than the US median of $338,100. Despite the lower median value, homes in Cedar Grove have seen an impressive appreciation rate of 15.93% over the last year, much higher than the US average of 8.27%. This shows that Cedar Grove's housing market is a great investment opportunity for people looking to buy or rent a home.
The median home cost in Cedar Grove is $150,900. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Cedar Grove is up 25.0%.
Average Age of Homes
- The median age of Cedar Grove real estate is 23 years old
The Rental Market in Cedar Grove
- Renters make up 35.3% of the Cedar Grove population
- 4.1% of houses and apartments in Cedar Grove, 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.