The housing market in the 34431 Dunnellon, FL area is showing signs of extreme growth compared to the national average. The median value of a house in this area is currently $244,000, which is considerably lower than the national median value of $338,100. However, this area has seen an impressive 24.24% growth in the value of housing over the past year while nationally we are only seeing 8.27%. This higher rate of growth suggests that there may be a great opportunity for investment in this particular area as housing values continue to rise.
The median home cost in Dunnellon (zip 34431) is $244,000. Home appreciation the last 10 years has been 175.5%. Home Appreciation in Dunnellon (zip 34431) is up 29.3%.
Average Age of Homes
- The median age of Dunnellon (zip 34431) real estate is 31 years old
The Rental Market in Dunnellon (zip 34431)
- Renters make up 12.7% of the Dunnellon (zip 34431) population
- 0.9% of houses and apartments in Dunnellon (zip 34431), 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.