The housing market in Lantana, FL is booming! The median value of homes in the area is $371,400, which is significantly higher than the US house median value of $338,100. This reflects a strong appreciation rate of 22.04% over the last year, more than double the national average of 8.27%. This trend has been driven by strong demand for housing and job growth in the area. With this increased demand and appreciation rate, Lantana, FL is becoming an increasingly attractive option for both young professionals and retirees looking to settle down in a vibrant and affordable city.
The median home cost in Lantana is $371,400. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Lantana is up 27.8%.
Average Age of Homes
- The median age of Lantana real estate is 45 years old
The Rental Market in Lantana
- Renters make up 36.4% of the Lantana population
- 1.5% of houses and apartments in Lantana, 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.