Florida City, FL is experiencing a strong housing market, as indicated by the median value of $312,600. This is much higher than the US median house value of $338,100 and is indicative of an even stronger appreciation rate for housing in the area. In fact, homes in Florida City, FL have seen a 1 year appreciation rate of 17.45%, which is almost double that of the national average of 8.27%. It's clear that Florida City provides a great opportunity for homeowners looking to invest in real estate and reap the rewards.
The median home cost in Florida City is $312,600. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Florida City is up 26.6%.
Average Age of Homes
- The median age of Florida City real estate is 22 years old
The Rental Market in Florida City
- Renters make up 58.5% of the Florida City population
- 2.5% of houses and apartments in Florida 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.