The housing market in 34688 East Lake, FL is flourishing. The median value of a house in this area is $525,200, which is significantly higher than the US median value of $338,100. Additionally, the one year house appreciation rate for this area stands at 19.50%, more than double the US rate of 8.27%. This indicates that housing prices have steadily been increasing over the past year and will likely continue to do so into the future. All signs point toward a healthy housing market in East Lake, FL that offers a great investment opportunity for homebuyers.
The median home cost in East Lake (zip 34688) is $525,200. Home appreciation the last 10 years has been 212.0%. Home Appreciation in East Lake (zip 34688) is up 28.1%.
Average Age of Homes
- The median age of East Lake (zip 34688) real estate is 27 years old
The Rental Market in East Lake (zip 34688)
- Renters make up 11.4% of the East Lake (zip 34688) population
- 0.9% of houses and apartments in East Lake (zip 34688), 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.