Housing in Floral City, FL has seen an impressive growth rate over the past year. According to data, the median value of a house in Floral City, FL is $269,200 which is significantly lower than the US House Median Value of $338,100. Even with this lower median value, Floral City has still seen an increase of 24.24% in house appreciation over the past year compared to only 8.27% for the rest of the US. This higher appreciation rate shows that Floral City is quickly becoming a desirable area in which to live and invest in real estate.
The median home cost in Floral City is $269,200. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Floral City is up 29.3%.
Average Age of Homes
- The median age of Floral City real estate is 37 years old
The Rental Market in Floral City
- Renters make up 11.7% of the Floral City population
- 0.7% of houses and apartments in Floral City, 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.