Bay, FL County is an attractive area for home buyers due to its high median housing value and significant appreciation rate. The median housing value in Bay, FL County is $347,000 which is higher than the US House Median Value of $338,100. Furthermore, houses in Bay, FL County have appreciated by 18.62% over the last year compared to a national rate of 8.27%. This shows that home prices in this area are on the rise and buying property here is a great investment for potential homeowners.
The median home cost in Bay County is $347,000. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Bay County is up 25.0%.
Average Age of Homes
- The median age of Bay County real estate is 29 years old
The Rental Market in Bay County
- Renters make up 26.0% of the Bay County population
- 2.4% of houses and apartments in Bay County, 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.