The housing market in Florida, MN is doing very well compared to the rest of the country. The median value for houses in Florida, MN is $187,200 which is significantly lower than the national average of $338,100. However, the one year house appreciation rate of 13.39% in Florida, MN is much higher than the national average of 8.27%. This indicates that people are investing in real estate in this area and driving up prices. It is clear that this city has a strong and vibrant housing market and it could be an attractive option for potential buyers.
The median home cost in Florida is $187,200. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Florida is up 12.6%.
Average Age of Homes
- The median age of Florida real estate is 75 years old
The Rental Market in Florida
- Renters make up 11.5% of the Florida population
- 0.0% of houses and apartments in Florida, 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.