Zip 33063 (Margate, FL) Housing

Housing in Margate, FL (zip code 33063) is a great investment. The median value of houses in the area is $304,900, which is significantly lower than the current US median value of $338,100. In addition to that, the one year appreciation for housing in Margate is 17.45%, compared to 8.27% nationwide. This demonstrates that investing in housing in Margate can be an excellent decision and a sound financial move for those who are looking into buying property or investing in real estate.

The median home cost in Margate (zip 33063) is $304,900. Home appreciation the last 10 years has been 189.0%. Home Appreciation in Margate (zip 33063) is up 26.6%.

Average Age of Homes

- The median age of Margate (zip 33063) real estate is 37 years old

The Rental Market in Margate (zip 33063)

- Renters make up 23.6% of the Margate (zip 33063) population
- 2.9% of houses and apartments in Margate (zip 33063), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Margate, Florida	United States
	27,923.0	139,647,020.0
	41	42
	$304,900	$338,100
	26.6%	16.6%
	78.0%	57.0%
	189.0%	101.1%
	$9.18	$10.98
	$2,049	$2,690
	63.7%	57.4%
	10.6%	11.2%
	25.7%	31.4%
Vacant Housing
	2.9%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.5%	0.4%
	4.2%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	2.7%	2.4%
	3.8%	2.8%
	8.1%	3.9%
	5.9%	4.5%
	11.4%	11.3%
	9.7%	13.0%
	30.2%	20.1%
	22.2%	13.6%
	3.9%	8.3%
	0.5%	9.7%
	0.3%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	15.7%	13.6%
	27.6%	13.2%
	37.9%	14.8%
	15.7%	13.6%
	3.4%	10.0%
	0.6%	4.7%
	0.6%	12.2%

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