Desoto Lakes, FL is a desirable place to live, with its median house value of $271,900 being significantly lower than the U.S. house median value of $338,100. In the past year alone, the appreciation of houses in Desoto Lakes, FL has been remarkable with an increase of 23.37%, much higher than the national average of 8.27%. This makes Desoto Lakes a great place to invest in housing and take advantage of its growing economy.
The median home cost in Desoto Lakes is $271,900. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Desoto Lakes is up 31.2%.
Average Age of Homes
- The median age of Desoto Lakes real estate is 28 years old
The Rental Market in Desoto Lakes
- Renters make up 20.6% of the Desoto Lakes population
- 5.9% of houses and apartments in Desoto Lakes, 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.