St. Augustine, FL is a great place to invest in housing. The median value of houses there is $441,000, which is significantly higher than the US median value of $338,100. In addition, the one-year house appreciation rate in St. Augustine has been 18.62%, while the national average is 8.27%. This means that St. Augustine is a good place to purchase property as it tends to appreciate more quickly than other locations. Investing in housing in St. Augustine could be a sound financial decision for many people looking for a home or an investment property.
The median home cost in St. Augustine is $441,000. Home appreciation the last 10 years has been 146.1%. Home Appreciation in St. Augustine is up 26.2%.
Average Age of Homes
- The median age of St. Augustine real estate is 55 years old
The Rental Market in St. Augustine
- Renters make up 36.8% of the St. Augustine population
- 0.9% of houses and apartments in St. Augustine, 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.