Zip 32778 (Tavares, FL) Housing

The housing market in 32778 Tavares, FL is thriving with the median value of homes standing at $299,700 – significantly lower than the US House Median Value of $338,100. This affordability has caused an increase in demand for homes in this area and driven up the appreciation rate to 20.33%, much higher than the US 1 year House Appreciation of 8.27%. With such a robust housing market in Tavares, people looking to buy or invest in real estate should consider this area for great long-term growth potential.

The median home cost in Tavares (zip 32778) is $299,700. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Tavares (zip 32778) is up 25.3%.

Average Age of Homes

- The median age of Tavares (zip 32778) real estate is 32 years old

The Rental Market in Tavares (zip 32778)

- Renters make up 18.8% of the Tavares (zip 32778) population
- 0.7% of houses and apartments in Tavares (zip 32778), 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	Tavares, Florida	United States
	12,375.0	139,647,020.0
	31	42
	$299,700	$338,100
	25.3%	16.6%
	83.4%	57.0%
	190.0%	101.1%
	$9.09	$10.98
	$1,650	$2,690
	63.9%	57.4%
	15.5%	11.2%
	20.6%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	1.8%	0.7%
	1.6%	0.4%
	9.4%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	7.3%	2.6%
	3.4%	2.4%
	3.8%	2.8%
	7.6%	3.9%
	4.6%	4.5%
	12.2%	11.3%
	15.0%	13.0%
	31.9%	20.1%
	6.8%	13.6%
	2.3%	8.3%
	4.2%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	21.2%	13.6%
	21.2%	13.6%
	12.9%	13.6%
	17.7%	13.2%
	15.0%	14.8%
	12.9%	13.6%
	5.9%	10.0%
	1.1%	4.7%
	1.1%	12.2%

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