Medley, FL has a median housing value of $377,100, which is significantly higher than the US median housing value of $338,100. This substantial difference in housing values is even more pronounced when looking at the one year appreciation rates; while the US 1 year house appreciation rate was 8.27%, Medley's house 1 year appreciation rate was an impressive 22.93%. This startling discrepancy in housing values and appreciation rates highlights the strength of the Medley housing market and suggests that real estate investment may be an attractive option for homebuyers.
The median home cost in Medley is $377,100. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Medley is up 25.1%.
Average Age of Homes
- The median age of Medley real estate is 35 years old
The Rental Market in Medley
- Renters make up 39.2% of the Medley population
- 0.0% of houses and apartments in Medley, 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.