The housing market in North Key Largo, FL is booming. The median value of a home there is an impressive $2,693,800 which is significantly higher than the US median house value of $338,100. Additionally, the one year appreciation in North Key Largo has been a whopping 17.45%, more than double the US appreciation rate of 8.27%. This indicates that housing prices are rapidly increasing in this area and should be monitored closely by potential buyers and investors.
The median home cost in North Key Largo is $2,693,800. Home appreciation the last 10 years has been 189.0%. Home Appreciation in North Key Largo is up 26.6%.
Average Age of Homes
- The median age of North Key Largo real estate is 36 years old
The Rental Market in North Key Largo
- Renters make up 4.0% of the North Key Largo population
- 6.3% of houses and apartments in North Key Largo, 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.