In Ormond Beach, FL (32174), the median value of housing is $396,700. This is significantly higher than the US house median value, which currently stands at $338,100. Even more impressive is that the one-year appreciation rate of housing in this area is 18.41%, much higher than the US average appreciation rate of 8.27%. It is clear that Ormond Beach offers a desirable location for those looking to invest in housing; being able to take advantage of both a high median value and an excellent appreciation rate makes this area attractive for prospective home buyers.
The median home cost in Ormond Beach (zip 32174) is $396,700. Home appreciation the last 10 years has been 146.5%. Home Appreciation in Ormond Beach (zip 32174) is up 25.7%.
Average Age of Homes
- The median age of Ormond Beach (zip 32174) real estate is 31 years old
The Rental Market in Ormond Beach (zip 32174)
- Renters make up 18.0% of the Ormond Beach (zip 32174) population
- 0.8% of houses and apartments in Ormond Beach (zip 32174), 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.