From the given context, it can be seen that the housing median value in Cottondale, FL is much lower than the US house median value. However, it also has a higher one year house appreciation rate at 15.93%, which is almost double the US average of 8.27%. This could indicate that Cottondale is an area with great potential for investing in real estate. The affordable price and high appreciation rate make it an attractive option for those looking to buy a home or invest in real estate in Florida.
The median home cost in Cottondale is $126,500. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Cottondale is up 25.0%.
Average Age of Homes
- The median age of Cottondale real estate is 43 years old
The Rental Market in Cottondale
- Renters make up 34.3% of the Cottondale population
- 5.5% of houses and apartments in Cottondale, 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.