Escambia County, FL is experiencing a significant increase in housing median value with the current median at $246,900. This is higher than the US median of $338,100 and it has been growing rapidly with the one year appreciation rate at 18.41%, which is significantly higher than the national rate of 8.27%. This high appreciation rate in Escambia County indicates that this region is becoming an attractive market for potential home buyers as their investments are likely to grow quickly and yield higher returns.
The median home cost in Escambia County is $246,900. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Escambia County is up 20.1%.
Average Age of Homes
- The median age of Escambia County real estate is 34 years old
The Rental Market in Escambia County
- Renters make up 30.7% of the Escambia County population
- 2.2% of houses and apartments in Escambia 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.