The housing market in 33051 Key Colony Beach, FL is thriving. The median value of a home in this area is $838,200, which is significantly higher than the US median value of $338,100. This shows that Key Colony Beach has a very healthy housing market and it continues to appreciate year after year. In fact, the 1-year appreciation rate for homes in the area is 17.45%, much higher than the national appreciation rate of 8.27%. These figures demonstrate that investing in property in Key Colony Beach provides potential buyers with an excellent opportunity to increase their equity over time through steady growth and appreciation.
The median home cost in Key Colony Beach (zip 33051) is $838,200. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Key Colony Beach (zip 33051) is up 26.6%.
Average Age of Homes
- The median age of Key Colony Beach (zip 33051) real estate is 40 years old
The Rental Market in Key Colony Beach (zip 33051)
- Renters make up 5.6% of the Key Colony Beach (zip 33051) population
- 18.3% of houses and apartments in Key Colony Beach (zip 33051), 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.