The housing market in Southwest Ranches, FL is booming. The current median value for homes in the area is $1,055,400, which is significantly higher than the US median value of $338,100. Furthermore, the 1-year house appreciation rate in Southwest Ranches has been 22.86%, which is almost three times higher than the US 1-year house appreciation rate of 8.27%. This shows that there has been a strong demand for homes in the area and that people are willing to pay premium prices for them. With this high level of demand and house appreciation, it's no surprise that Southwest Ranches has been a desirable place for people to live and invest their money.
The median home cost in Southwest Ranches is $1,055,400. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Southwest Ranches is up 26.9%.
Average Age of Homes
- The median age of Southwest Ranches real estate is 35 years old
The Rental Market in Southwest Ranches
- Renters make up 7.9% of the Southwest Ranches population
- 0.0% of houses and apartments in Southwest Ranches, 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.