Sumter, FL County is a great place to invest in housing. The median value of housing in the county is significantly higher than the US median at $408,100 compared to $338,100. In addition, the rate at which the value of houses have appreciated over the past year has been higher than the national average with a 21.07% increase as opposed to 8.27%. Investing in Sumter County real estate can be a great way to make returns on a sizable investment.
The median home cost in Sumter County is $408,100. Home appreciation the last 10 years has been 167.6%. Home Appreciation in Sumter County is up 27.2%.
Average Age of Homes
- The median age of Sumter County real estate is 14 years old
The Rental Market in Sumter County
- Renters make up 7.6% of the Sumter County population
- 3.4% of houses and apartments in Sumter 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.