Delray Beach, FL is a great place to live with its beautiful beaches, vibrant culture, and warm climate. The median house value in Delray Beach is $355,700, which is higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate for housing in Delray Beach is 22.04%, which is significantly higher than the US one-year appreciation rate of 8.27%. This makes Delray Beach an attractive choice for those who are looking to invest in property and take advantage of the ever-increasing value of housing.
The median home cost in Delray Beach is $355,700. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Delray Beach is up 27.8%.
Average Age of Homes
- The median age of Delray Beach real estate is 36 years old
The Rental Market in Delray Beach
- Renters make up 27.8% of the Delray Beach population
- 2.3% of houses and apartments in Delray Beach, 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.