The housing market in Redington Shores, FL appears to be booming. The median value of a house in this area is $779,300, which is more than double the US median value of $338,100. Furthermore, in the past year the appreciation rate for houses in Redington Shores has been 20.41%, which is significantly higher than the 8.27% appreciation rate for houses across the US as a whole. This indicates that investing in property in this area could be quite lucrative, so it’s not surprising that there seems to be an ever-increasing demand for housing in Redington Shores right now.
The median home cost in Redington Shores is $779,300. Home appreciation the last 10 years has been 222.8%. Home Appreciation in Redington Shores is up 28.5%.
Average Age of Homes
- The median age of Redington Shores real estate is 42 years old
The Rental Market in Redington Shores
- Renters make up 19.3% of the Redington Shores population
- 10.2% of houses and apartments in Redington Shores, 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.