The housing market in 33708 Madeira Beach, FL is booming. The median value of houses in this area is $574,300, a significantly higher figure than the US house median value of $338,100. This itself shows that the housing market in this area is on the rise. Furthermore, the one-year house appreciation rate for homes in 33708 Madeira Beach, FL is 20.41%, much more than double the US one-year house appreciation rate of 8.27%. This indicates that there are many opportunities to buy and invest in properties within this area, as this could potentially lead to an even higher return on investment should homeowners choose to sell their property within a year or two.
The median home cost in Madeira Beach (zip 33708) is $574,300. Home appreciation the last 10 years has been 222.8%. Home Appreciation in Madeira Beach (zip 33708) is up 28.5%.
Average Age of Homes
- The median age of Madeira Beach (zip 33708) real estate is 43 years old
The Rental Market in Madeira Beach (zip 33708)
- Renters make up 17.5% of the Madeira Beach (zip 33708) population
- 7.8% of houses and apartments in Madeira Beach (zip 33708), 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.