Ridge Wood Heights, FL is a great place to invest in real estate as the median housing value is $317,000, which is significantly lower than the US median at $338,100. Additionally, the 1 year appreciation rate for houses in Ridge Wood Heights,FL is 23.37%, more than double the US rate of 8.27%.This makes it a great opportunity for potential homeowners and investors alike.
The median home cost in Ridge Wood Heights is $317,000. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Ridge Wood Heights is up 31.2%.
Average Age of Homes
- The median age of Ridge Wood Heights real estate is 43 years old
The Rental Market in Ridge Wood Heights
- Renters make up 29.6% of the Ridge Wood Heights population
- 2.0% of houses and apartments in Ridge Wood Heights, 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.