The housing market in 34242 Siesta Key, FL is a thriving one. The median value of a house in the area is $919,500, far higher than the US median value of $338,100. Additionally, the appreciation rate for houses over the past year has been 23.37%, much higher than the national average of 8.27%. This indicates that real estate in this Florida community is highly desirable and continues to rise in value. As such, investing in property there can be a great opportunity for those looking to buy or sell homes.
The median home cost in Siesta Key (zip 34242) is $919,500. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Siesta Key (zip 34242) is up 31.2%.
Average Age of Homes
- The median age of Siesta Key (zip 34242) real estate is 42 years old
The Rental Market in Siesta Key (zip 34242)
- Renters make up 6.0% of the Siesta Key (zip 34242) population
- 16.7% of houses and apartments in Siesta Key (zip 34242), 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.