The housing in the Palatka, FL Metro Area is quite attractive. The median value of homes in this area is $177,500, which is significantly lower than the US house median value of $338,100. Furthermore, over the last year, the appreciation rate of homes in Palatka has been 15.32%, much higher than the 8.27% appreciation rate for homes in the US overall. This makes Palatka a great choice for those interested in investing in real estate or buying a home at an affordable price.
The median home cost in Palatka Metro Area is $177,500. Home appreciation the last 10 years has been 144.5%. Home Appreciation in Palatka Metro Area is up 25.3%.
Average Age of Homes
- The median age of Palatka Metro Area real estate is 35 years old
The Rental Market in Palatka Metro Area
- Renters make up 18.7% of the Palatka Metro Area population
- 0.9% of houses and apartments in Palatka Metro Area, 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.