Housing in Newberry, FL is a desirable option for many homebuyers due to its median value of $324,700, which is slightly less than the U.S. median house value of $338,100. Furthermore, the 1 year house appreciation rate in Newberry is 15%, which is significantly higher than the 8.27% appreciation rate in the U.S., making it an attractive investment opportunity with potential for increased returns.
The median home cost in Newberry is $324,700. Home appreciation the last 10 years has been 123.1%. Home Appreciation in Newberry is up 20.8%.
Average Age of Homes
- The median age of Newberry real estate is 28 years old
The Rental Market in Newberry
- Renters make up 15.8% of the Newberry population
- 2.9% of houses and apartments in Newberry, 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.