The housing market in Islamorada-Village of Islands, FL is a thriving one with the median value of homes over four times higher than the US average. This disparity is only increasing, as the 1 year house appreciation in Islamorada-Village of Islands, FL was 17.45%, which is almost double the US 1 year house appreciation rate of 8.27%. The housing prices in Islamorada-Village of Islands, FL are attractive for those looking for an investment and who can afford it.
The median home cost in Islamorada is $1,308,300. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Islamorada is up 26.6%.
Average Age of Homes
- The median age of Islamorada real estate is 34 years old
The Rental Market in Islamorada
- Renters make up 12.0% of the Islamorada population
- 5.1% of houses and apartments in Islamorada, 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.