Orchid, FL is an affluent area with a median home value of $1,773,800, which is more than 5 times higher than the US House Median Value of $338,100. The US House Appreciation rate is 8.27% while Orchid, FL has seen an impressive 20.52% appreciation in housing values over the past year. This indicates that Orchid, FL is a desirable place to purchase a home and that the town's real estate market is booming.
The median home cost in Orchid is $1,773,800. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Orchid is up 26.8%.
Average Age of Homes
- The median age of Orchid real estate is 15 years old
The Rental Market in Orchid
- Renters make up 1.7% of the Orchid population
- 0.0% of houses and apartments in Orchid, 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.