Ridge Manor, FL is a great place to purchase a house. The median value of homes in Ridge Manor is currently $243,000, which is significantly lower than the US median value of $338,100. What makes Ridge Manor an even better option are the rising prices - over the last year the appreciation rate for houses in Ridge Manor has been 20.71%, much higher than the national average of 8.27%. This high rate of appreciation makes Ridge Manor an ideal place for people looking to invest in their future and increase their home equity through real estate investments.
The median home cost in Ridge Manor is $243,000. Home appreciation the last 10 years has been 181.6%. Home Appreciation in Ridge Manor is up 28.5%.
Average Age of Homes
- The median age of Ridge Manor real estate is 35 years old
The Rental Market in Ridge Manor
- Renters make up 13.8% of the Ridge Manor population
- 3.2% of houses and apartments in Ridge Manor, 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.