The housing market in Palmetto Estates, FL is booming, with the median value of homes there being nearly $150,000 more than the national median. This reflects a one year appreciation rate of 22.93%, far above the national average of 8.27%. In addition to the higher home values, this growth rate shows that real estate in Palmetto Estates is a sound investment. With so much potential for increased wealth and security, it's no wonder that more and more people are looking to purchase or invest in housing in this area.
The median home cost in Palmetto Estates is $486,100. Home appreciation the last 10 years has been 179.0%. Home Appreciation in Palmetto Estates is up 25.1%.
Average Age of Homes
- The median age of Palmetto Estates real estate is 44 years old
The Rental Market in Palmetto Estates
- Renters make up 17.4% of the Palmetto Estates population
- 0.4% of houses and apartments in Palmetto Estates, 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.