Temple Terrace, FL is an exceptional market in terms of housing. The median value for homes in Temple Terrace is $319,700, which is slightly lower than the overall US median value of $338,100. Despite this difference, homes in Temple Terrace have experienced a 1 year appreciation rate of 19.69%, compared to the 8.27% national appreciation rate. This indicates that Temple Terrace is a strong and growing housing market with growing values and a healthy appreciation rate.
The median home cost in Temple Terrace is $319,700. Home appreciation the last 10 years has been 198.9%. Home Appreciation in Temple Terrace is up 27.3%.
Average Age of Homes
- The median age of Temple Terrace real estate is 34 years old
The Rental Market in Temple Terrace
- Renters make up 40.3% of the Temple Terrace population
- 2.0% of houses and apartments in Temple Terrace, 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.