The housing market in Welaka, FL is booming, with a median value of $239,400 compared to the national median of $338,100. In the last year alone, appreciation has skyrocketed by 18.41%, more than double the national average of 8.27%. This indicates that the real estate market in Welaka is strong and shows no signs of slowing down. As such, it is an ideal place for people looking to invest or buy a home.
The median home cost in Welaka is $239,400. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Welaka is up 25.7%.
Average Age of Homes
- The median age of Welaka real estate is 28 years old
The Rental Market in Welaka
- Renters make up 16.0% of the Welaka population
- 0.0% of houses and apartments in Welaka, 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.