The housing market in 32579 Lake Lorraine, FL is currently thriving. The median value of housing in the area is $387,200, which is significantly higher than the US House Median Value of $338,100. In addition to this, the 1 year House Appreciation in this area is 14.18%, which is 6.91% higher than the US 1 year House Appreciation of 8.27%. All of these facts indicate that 32579 Lake Lorraine, FL is a great place to invest in real estate and make some money off of appreciation in value.
The median home cost in Lake Lorraine (zip 32579) is $387,200. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Lake Lorraine (zip 32579) is up 20.1%.
Average Age of Homes
- The median age of Lake Lorraine (zip 32579) real estate is 37 years old
The Rental Market in Lake Lorraine (zip 32579)
- Renters make up 33.1% of the Lake Lorraine (zip 32579) population
- 2.0% of houses and apartments in Lake Lorraine (zip 32579), 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.