The housing market in 33850 Lake Alfred, FL is thriving! The median house value in this area is $268,300, which is significantly lower than the US national median of $338,100. Over the past year, house appreciation has been impressive with an 8.27% increase across the country and a 19.81% increase in Lake Alfred specifically. This is excellent news for potential homeowners who are looking for affordable housing in a strong market. With such a strong rate of appreciation over the last year, it's likely that property values will continue to rise in this area.
The median home cost in Lake Alfred (zip 33850) is $268,300. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Lake Alfred (zip 33850) is up 25.4%.
Average Age of Homes
- The median age of Lake Alfred (zip 33850) real estate is 39 years old
The Rental Market in Lake Alfred (zip 33850)
- Renters make up 24.8% of the Lake Alfred (zip 33850) population
- 0.5% of houses and apartments in Lake Alfred (zip 33850), 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.