Ocoee, FL is an attractive location for prospective homebuyers due to its relatively high median housing value of $412,100, compared to the US House median value of $338,100. The 1 year appreciation rate in Ocoee is also significantly higher than the national average of 8.27%, reaching 24.05%. This means that buying a house in Ocoee would be a great investment and could potentially yield greater returns over time through appreciation.
The median home cost in Ocoee is $412,100. Home appreciation the last 10 years has been 208.5%. Home Appreciation in Ocoee is up 29.4%.
Average Age of Homes
- The median age of Ocoee real estate is 22 years old
The Rental Market in Ocoee
- Renters make up 23.4% of the Ocoee population
- 2.5% of houses and apartments in Ocoee, 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.