Grenelefe, FL is a great place to invest in housing. The median value of homes in Grenelefe is currently $274,000, which is lower than the national median value of $338,100. This provides an excellent opportunity for buyers to take advantage of a discounted purchase price. Additionally, the 1 year house appreciation rate in Grenelefe is significantly higher than the national average of 8.27%, with a growth rate of 19.81% making it an attractive option for investors seeking immediate equity gains. With low prices and high returns on investment, Grenelefe provides an ideal housing market for those looking to enter the real estate market or increase their portfolio.
The median home cost in Grenelefe is $274,000. Home appreciation the last 10 years has been 186.0%. Home Appreciation in Grenelefe is up 25.4%.
Average Age of Homes
- The median age of Grenelefe real estate is 33 years old
The Rental Market in Grenelefe
- Renters make up 25.8% of the Grenelefe population
- 3.1% of houses and apartments in Grenelefe, 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.