The housing market in Panacea, FL is thriving, with the median value of houses being $355,500. This is higher than the US house median value of $338,100 by 4.87%. The one-year appreciation rate for houses in Panacea is 12.33%, which is much higher than the US one-year house appreciation rate of 8.27%. This demonstrates a strong housing market in Panacea that is likely to continue to grow in the near future.
The median home cost in Panacea is $355,500. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Panacea is up 16.1%.
Average Age of Homes
- The median age of Panacea real estate is 32 years old
The Rental Market in Panacea
- Renters make up 48.1% of the Panacea population
- 0.0% of houses and apartments in Panacea, 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.