The housing market in St. George Island, FL is thriving. The median value of a house is $609,000, a considerable amount higher than the US House Median Value of $338,100. Additionally, the US House Appreciation rate over the past year was 8.27%, whereas in St. George Island it was 12.33%. This indicates that the housing market in this island community is not only robust but rapidly growing as well. Therefore, it should come as no surprise that many people are choosing to invest in property here.
The median home cost in St. George Island is $609,000. Home appreciation the last 10 years has been 93.9%. Home Appreciation in St. George Island is up 16.1%.
Average Age of Homes
- The median age of St. George Island real estate is 26 years old
The Rental Market in St. George Island
- Renters make up 1.8% of the St. George Island population
- 29.4% of houses and apartments in St. George Island, 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.