The median value of housing in Grand Ridge, FL is $173,800, which is significantly lower than the US house median value of $338,100. Despite this difference, however, Grand Ridge has seen an impressive 15.93% increase in house values over the past year—nearly double the 8.27% appreciation rate for the nation as a whole. This suggests that Grand Ridge has experienced strong growth in its real estate market despite having a lower house median value than other parts of the country. As such, it remains an attractive location for prospective buyers looking to take advantage of its relatively low costs and increasing property values.
The median home cost in Grand Ridge (zip 32442) is $173,800. Home appreciation the last 10 years has been 136.4%. Home Appreciation in Grand Ridge (zip 32442) is up 25.0%.
Average Age of Homes
- The median age of Grand Ridge (zip 32442) real estate is 33 years old
The Rental Market in Grand Ridge (zip 32442)
- Renters make up 15.8% of the Grand Ridge (zip 32442) population
- 0.4% of houses and apartments in Grand Ridge (zip 32442), 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.