Key Colony Beach, FL is a desirable area to live in with its tropical climate and easy access to the ocean. The median value of housing in Key Colony Beach is $837,700, which is much higher than the national median value of $338,100. Furthermore, the house appreciation rate in Key Colony Beach has been impressive over the past year with an increase of 17.45%, compared to the national rate of 8.27%. These figures show that real estate in Key Colony Beach is a valuable investment and an attractive option for potential buyers looking for a piece of paradise.
The median home cost in Key Colony Beach is $837,700. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Key Colony Beach is up 26.6%.
Average Age of Homes
- The median age of Key Colony Beach real estate is 40 years old
The Rental Market in Key Colony Beach
- Renters make up 5.6% of the Key Colony Beach population
- 18.3% of houses and apartments in Key Colony 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.