Lely Resort, FL is an area that has seen a dramatic increase in housing value over the past year. The median value of housing in Lely Resort is $655,500, which is almost double the US median value of $338,100. This is accompanied by a 19.57% increase in house appreciation for the past year compared to the 8.27% national average. This demonstrates that Lely Resort is an attractive area for potential home buyers and investors looking for higher returns on their real estate investments.
The median home cost in Lely Resort is $655,500. Home appreciation the last 10 years has been 194.8%. Home Appreciation in Lely Resort is up 26.7%.
Average Age of Homes
- The median age of Lely Resort real estate is 13 years old
The Rental Market in Lely Resort
- Renters make up 17.9% of the Lely Resort population
- 3.0% of houses and apartments in Lely Resort, 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.