The housing market in Pine Castle, FL is thriving as the median value of homes is significantly higher than that of the US median house value. The recent one-year appreciation rate of 18.12% in Pine Castle, FL is considerably higher than the national average of 8.27%. This shows that there is a strong demand for housing in the area and many residents are taking advantage of low interest rates to purchase property. With such a high rate of appreciation, it's an ideal time for those looking to invest in real estate or purchase their first home.
The median home cost in Pine Castle is $309,000. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Pine Castle is up 22.4%.
Average Age of Homes
- The median age of Pine Castle real estate is 41 years old
The Rental Market in Pine Castle
- Renters make up 50.4% of the Pine Castle population
- 4.6% of houses and apartments in Pine Castle, 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.