The housing market in 34108 Pelican Bay, FL is booming. The median value of homes in this area is $1,152,900 which is significantly higher than the US median house value of $338,100. Furthermore, house appreciation within the region has been much higher over the last year at 19.57% compared to 8.27% nationally – showing very strong growth and investment potential in this area.
The median home cost in Pelican Bay (zip 34108) is $1,152,900. Home appreciation the last 10 years has been 194.8%. Home Appreciation in Pelican Bay (zip 34108) is up 26.7%.
Average Age of Homes
- The median age of Pelican Bay (zip 34108) real estate is 28 years old
The Rental Market in Pelican Bay (zip 34108)
- Renters make up 10.0% of the Pelican Bay (zip 34108) population
- 1.8% of houses and apartments in Pelican Bay (zip 34108), 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.