The housing market in Lake Butler, FL is thriving. The median value of a house in this area is $250,900 which is significantly lower than the US median value of $338,100. However, over the past year the appreciation rate of homes in Lake Butler has been higher than the national average at 18.62% compared to 8.27%. This indicates that the Lake Butler housing market has seen significant growth and could be a great investment opportunity for those looking to purchase a home.
The median home cost in Lake Butler is $250,900. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Lake Butler is up 26.2%.
Average Age of Homes
- The median age of Lake Butler real estate is 37 years old
The Rental Market in Lake Butler
- Renters make up 50.0% of the Lake Butler population
- 0.0% of houses and apartments in Lake Butler, 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.