Sumatra, FL is an attractive city for those looking for a new home as the median house value is $135,800, significantly lower than the national average of $338,100. Furthermore, over the past year there has been an impressive 12.33% appreciation in housing values in Sumatra, FL compared to the national average of 8.27%. This makes Sumatra an ideal place to invest in real estate and have a very good chance of seeing a return on investment. With its low median house prices and strong appreciation rate, Sumatra is becoming increasingly popular with potential buyers who are looking for their dream home.
The median home cost in Sumatra is $135,800. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Sumatra is up 16.1%.
Average Age of Homes
- The median age of Sumatra real estate is 32 years old
The Rental Market in Sumatra
- Renters make up 6.2% of the Sumatra population
- 0.0% of houses and apartments in Sumatra, 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.