Zip 32346 (Panacea, FL) Housing

The housing market in 32346 Panacea, FL is thriving. The median value of homes is $380,900, which is higher than the US House median value of $338,100. Furthermore, the 1 year house appreciation rate in this area is 12.33%, which is higher than the US 1 year house appreciation rate of 8.27%. As a result, real estate investors and homeowners looking to purchase property in this area can expect to see their investments appreciate significantly over time. This makes 32346 Panacea, FL an excellent option for anyone looking for a great housing market to invest or live in.

The median home cost in Panacea (zip 32346) is $380,900. Home appreciation the last 10 years has been 93.9%. Home Appreciation in Panacea (zip 32346) is up 16.1%.

Average Age of Homes

- The median age of Panacea (zip 32346) real estate is 29 years old

The Rental Market in Panacea (zip 32346)

- Renters make up 19.6% of the Panacea (zip 32346) population
- 2.9% of houses and apartments in Panacea (zip 32346), 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	Panacea, Florida	United States
	1,670.0	139,647,020.0
	38	42
	$380,900	$338,100
	16.1%	16.6%
	57.5%	57.0%
	93.9%	101.1%
	$6.30	$10.98
	$1,270	$2,690
	42.9%	57.4%
	47.7%	11.2%
	9.4%	31.4%
Vacant Housing
	2.9%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	40.5%	3.6%
	4.3%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	14.0%	2.4%
	0.0%	2.8%
	2.9%	3.9%
	9.8%	4.5%
	12.2%	11.3%
	9.1%	13.0%
	21.8%	20.1%
	14.4%	13.6%
	7.0%	8.3%
	3.9%	9.7%
	2.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.5%	13.6%
	19.5%	13.6%
	19.8%	13.6%
	15.8%	13.2%
	19.5%	14.8%
	19.8%	13.6%
	12.5%	10.0%
	1.5%	4.7%
	1.8%	12.2%

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