The housing market in Pinellas Park, FL is flourishing. The median value of a house in Pinellas Park is currently $307,000, which is slightly below the US House Median Value of $338,100. However, homes in Pinellas Park have appreciated at a much faster rate than their US counterparts over the past year - 20.42%, compared to the US 1 year House Appreciation rate of 8.27%. This suggests that this area is an ideal place to invest in real estate, as prices are likely to continue rising for some time.
The median home cost in Pinellas Park is $307,000. Home appreciation the last 10 years has been 222.8%. Home Appreciation in Pinellas Park is up 28.5%.
Average Age of Homes
- The median age of Pinellas Park real estate is 40 years old
The Rental Market in Pinellas Park
- Renters make up 30.0% of the Pinellas Park population
- 1.6% of houses and apartments in Pinellas 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.