The housing in 34951 Lakewood Park, FL is doing exceptionally well compared to housing across the United States. The median value of a home in 34951 Lakewood Park, FL is $288,200 which is much lower than the US median value of $338,100. But, despite this lower median home value, houses in Lakewood Park are appreciated at a higher rate than the rest of the country. Over the past year, houses in Lakewood Park have appreciated 17.85%, while homes across America have only seen an 8.27% increase in their value. This indicates that purchasing real estate in this area can be very lucrative for potential buyers and investors alike.
The median home cost in Lakewood Park (zip 34951) is $288,200. Home appreciation the last 10 years has been 231.4%. Home Appreciation in Lakewood Park (zip 34951) is up 27.2%.
Average Age of Homes
- The median age of Lakewood Park (zip 34951) real estate is 30 years old
The Rental Market in Lakewood Park (zip 34951)
- Renters make up 9.3% of the Lakewood Park (zip 34951) population
- 1.2% of houses and apartments in Lakewood Park (zip 34951), 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.