The housing market in Lochmoor Waterway Estates, FL is very strong and desirable. The median value of a house in this area is $275,000, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year appreciation rate of homes in this area is 20.51%, which is higher than the national rate of 8.27%. This indicates that houses are increasing in value rapidly and could be a great investment for potential buyers.
The median home cost in Lochmoor Waterway Estates is $275,000. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Lochmoor Waterway Estates is up 29.5%.
Average Age of Homes
- The median age of Lochmoor Waterway Estates real estate is 38 years old
The Rental Market in Lochmoor Waterway Estates
- Renters make up 15.5% of the Lochmoor Waterway Estates population
- 1.0% of houses and apartments in Lochmoor Waterway Estates, 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.