Zip 32506 (Myrtle Grove, FL) Housing


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equestId":"2a570d08-43e9-41ba-a5ad-0daed864c662","resource":"content","data":[{"id":"txt_a6889425f871445a831a45f640affa18","text":"\n \nMyrtle Grove, FL (32506) is an area in the greater Pensacola region that has seen a robust housing market over the past year. The median value of homes in Myrtle Grove currently sits at $229,000. This is substantially lower than the overall US median housing value of $338,100. However, this area has seen a tremendous 14.18% increase in house values over the last year compared to 8.27% appreciation nationally. This indicates a strong local market and makes investing in Myrtle Grove, FL a sound decision for anyone looking to purchase property.

The median home cost in Myrtle Grove (zip 32506) is $229,000. Home appreciation the last 10 years has been 133.7%. Home Appreciation in Myrtle Grove (zip 32506) is up 20.1%.

Average Age of Homes
- The median age of Myrtle Grove (zip 32506) real estate is 33 years old
The Rental Market in Myrtle Grove (zip 32506)
- Renters make up 36.5% of the Myrtle Grove (zip 32506) population
- 3.1% of houses and apartments in Myrtle Grove (zip 32506), 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

  HousingMyrtle Grove, FloridaUnited States
  16,438.0139,647,020.0
  3742
  $229,000$338,100
  20.1%16.6%
  81.1%57.0%
  133.7%101.1%
  $7.20$10.98
  $1,113$2,690
  52.7%57.4%
  11.9%11.2%
  35.4%31.4%
  Vacant Housing
  3.1%1.9%
  0.4%0.4%
  2.3%0.7%
  0.1%0.4%
  0.8%3.6%
  5.2%4.1%
  Value of Owner-Occupied Housing
  2.4%2.6%
  3.0%2.4%
  4.4%2.8%
  6.0%3.9%
  10.6%4.5%
  21.0%11.3%
  24.4%13.0%
  17.8%20.1%
  6.9%13.6%
  2.1%8.3%
  1.0%9.7%
  0.1%3.9%
  0.0%2.2%
  0.0%0.8%
  0.1%1.1%
  Housing Units by Year Structure Built
  0.5%0.2%
  14.9%13.6%
  14.9%13.6%
  18.9%13.6%
  17.5%13.2%
  16.6%14.8%
  18.9%13.6%
  15.3%10.0%
  2.0%4.7%
  0.7%12.2%
Commute