Delray Beach, FL is an ideal place for those looking to invest in property. The housing median value is 887,600 dollars, significantly higher than the US house median value of 338,100 dollars. What makes it even more attractive is that the one year house appreciation in Delray Beach is 22.04%, which is much higher than the US average of 8.27%. These factors make Delray Beach a great option for those looking to invest in real estate and take advantage of its high appreciation rate.
The median home cost in Delray Beach (zip 33483) is $887,600. Home appreciation the last 10 years has been 200.8%. Home Appreciation in Delray Beach (zip 33483) is up 27.8%.
Average Age of Homes
- The median age of Delray Beach (zip 33483) real estate is 40 years old
The Rental Market in Delray Beach (zip 33483)
- Renters make up 19.6% of the Delray Beach (zip 33483) population
- 1.9% of houses and apartments in Delray Beach (zip 33483), 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.