The housing market in 32750 Longwood, FL is significantly higher than the US House Median Value. According to the given data, the median value of housing in this area is $390,600, which is much more expensive than the US House Median Value of $338,100. In addition, the appreciation rate for housing in 32750 Longwood, FL has been greater than that of the national average. Over the last year, the house appreciation rate for this area was 20.33%, almost 12% higher than the US 1 year House Appreciation rate of 8.27%. Thus, it appears that real estate values in this part of Florida have been on a steady upward rise over time.
The median home cost in Longwood (zip 32750) is $390,600. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Longwood (zip 32750) is up 25.3%.
Average Age of Homes
- The median age of Longwood (zip 32750) real estate is 38 years old
The Rental Market in Longwood (zip 32750)
- Renters make up 17.5% of the Longwood (zip 32750) population
- 3.2% of houses and apartments in Longwood (zip 32750), 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.