Washington Park, FL is known for its high housing values and appreciation rates. The median value of the town's housing market stands at $330,000, which is significantly higher than the national average of $338,100. In addition, Washington Park has experienced an impressive appreciation rate of 22.86% in the past year compared to only 8.27% nationwide. This demonstrates that Washington Park is a desirable place to invest in real estate with great potential for returns on investment.
The median home cost in Washington Park is $330,000. Home appreciation the last 10 years has been 172.9%. Home Appreciation in Washington Park is up 26.9%.
Average Age of Homes
- The median age of Washington Park real estate is 49 years old
The Rental Market in Washington Park
- Renters make up 25.8% of the Washington Park population
- 2.9% of houses and apartments in Washington Park, 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.