The housing market in Wewahitchka, FL is an attractive option for those looking to buy a home. The median value of houses in the area is significantly lower than the national average at $157,300 compared to $338,100, making it more affordable for potential homeowners. Additionally, the 1 year house appreciation rate in Wewahitchka is 15.93%, which is significantly higher than the US rate of 8.27%. With these factors in mind, buying a house in Wewahitchka could be a great investment for individuals and families looking for a new home.
The median home cost in Wewahitchka is $157,300. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Wewahitchka is up 25.0%.
Average Age of Homes
- The median age of Wewahitchka real estate is 37 years old
The Rental Market in Wewahitchka
- Renters make up 23.6% of the Wewahitchka population
- 3.6% of houses and apartments in Wewahitchka, 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.