Housing in Palmona Park, FL is more expensive than the US House Median Value at $417,700 compared to $338,100. This difference is indicative of the strong housing market in Palmona Park, FL with a one year house appreciation rate of 20.51%, which is significantly higher than the national average of 8.27%. The high appreciation rate shows that homes in Palmona Park are highly sought after and are likely to continue to increase in value over time.
The median home cost in Palmona Park is $417,700. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Palmona Park is up 29.5%.
Average Age of Homes
- The median age of Palmona Park real estate is 39 years old
The Rental Market in Palmona Park
- Renters make up 49.2% of the Palmona Park population
- 0.0% of houses and apartments in Palmona Park, 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.