Micanopy, FL is an excellent place to invest in housing. The median value of a home is currently $273,900, significantly lower than the US median value of $338,100. Over the last year, appreciation of home values has been even more impressive in Micanopy. They have experienced a 15.00% increase in house value while the U.S. average was 8.27%. This makes Micanopy an attractive and profitable option for potential homeowners or investors looking for real estate opportunities with strong returns on their investments.
The median home cost in Micanopy is $273,900. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Micanopy is up 20.8%.
Average Age of Homes
- The median age of Micanopy real estate is 39 years old
The Rental Market in Micanopy
- Renters make up 17.5% of the Micanopy population
- 0.7% of houses and apartments in Micanopy, 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.