Housing in South Apopka, FL is quite affordable compared to the national median value of $338,100. The median value in South Apopka is $200,700 which is significantly lower than the national average and provides buyers with an opportunity to purchase a home that they may not have been able to afford in another area. The US experienced an 8.27% house appreciation in the past year; however, South Apopka has seen a much larger increase at 20.33%. This higher appreciation rate may indicate that purchasing a home in this area may be a good investment for those looking for real estate opportunities.
The median home cost in South Apopka is $200,700. Home appreciation the last 10 years has been 190.0%. Home Appreciation in South Apopka is up 25.3%.
Average Age of Homes
- The median age of South Apopka real estate is 37 years old
The Rental Market in South Apopka
- Renters make up 43.8% of the South Apopka population
- 3.2% of houses and apartments in South Apopka, 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.