The housing market in Punta Rassa, FL is remarkably strong. The median value of a home in Punta Rassa is significantly higher than the national median value at $664,700 compared to $338,100 respectively. Latest real estate data also shows that the appreciation rate of housing in Punta Rassa is also higher than the national average, with a 1 year appreciation rate of 20.51% compared to 8.27% for the rest of the country. This indicates that housing values are increasing rapidly in Punta Rassa and that it is an attractive area for potential homeowners.
The median home cost in Punta Rassa is $664,700. Home appreciation the last 10 years has been 200.4%. Home Appreciation in Punta Rassa is up 29.5%.
Average Age of Homes
- The median age of Punta Rassa real estate is 35 years old
The Rental Market in Punta Rassa
- Renters make up 47.0% of the Punta Rassa population
- 4.2% of houses and apartments in Punta Rassa, 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.