The housing market in Penney Farms, FL is extremely strong. With a median value of $356,800, it is significantly higher than the US median value of $338,100. Additionally, home appreciation in Penney Farms over the last year was 18.62%, much higher than the US average of 8.27%. This means that homes are becoming increasingly more valuable in Penney Farms and it is an ideal time to invest in real estate in this area.
The median home cost in Penney Farms (zip 32079) is $356,800. Home appreciation the last 10 years has been 146.1%. Home Appreciation in Penney Farms (zip 32079) is up 26.2%.
Average Age of Homes
- The median age of Penney Farms (zip 32079) real estate is 47 years old
The Rental Market in Penney Farms (zip 32079)
- Renters make up 74.3% of the Penney Farms (zip 32079) population
- 0.0% of houses and apartments in Penney Farms (zip 32079), 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.