Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Calhoun County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,099 | $293,727 | $242,182 |
| Price Trend (Annual %) | -15.8% | 12.0% | 8.2% |
| Median Gross Rent | $680 | $1,564 | $1,342 |
| Rent Trend (Annual %) | 1.0% | 6.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Calhoun County is about 92% lower than in Florida. Rent is about 57% lower than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Home prices and rent are moving in opposite directions in Calhoun County: home prices fell about 15.8% a year while rent rose about 1.0% a year. That is an unusual pattern worth watching.
Median rent in Calhoun County rose about 3.1% between 2015 and 2023, from $659 to $680. Over the same span, rent in Florida rose about 56.0%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Calhoun County.
Buying the median-priced home in Calhoun County costs roughly 3.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Calhoun County. The price-to-rent ratio in Florida is about 15.7.
| Metric | Calhoun County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $24,099 | $293,727 | $242,182 |
| Median Household Income | $46,093 | $71,865 | $78,145 |
| Price-to-Income Ratio | 0.5 | 4.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Calhoun County fell about 74.7%, while median household income rose about 56.7% between 2009 and 2023 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Calhoun County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.8% | 57.1% | 58.2% |
| Rental Rate | 18.9% | 27.7% | 31.3% |
| Vacancy Rate | 18.3% | 15.2% | 10.6% |
| Median Tenure (years) | 17.0 | 13.0 | 15.0 |
| Median Year Moved In | 2009 | 2013 | 2011 |
Calhoun County has a homeownership rate of 62.8%, higher than the Florida average of 57.1%. Its housing vacancy rate is 18.3%, compared with 15.2% in Florida.
Housing Stock
| Metric | Calhoun County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.55 people | 2.51 people | 2.54 people |
| Median Structure Built Year | 1988 | 1987 | 1978 |
| Median Number of Rooms | 5.2 | 5.2 | 5.5 |
The typical housing unit in Calhoun County was built around 1988. On average, 2.6 people live in a home with about 5.2 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Calhoun County, Florida.
What is the median home price in Calhoun County, Florida?
The median home price in Calhoun County, Florida is $24,099, lower than the Florida average of $293,727.
What is the average home price in Calhoun County, Florida?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Calhoun County, Florida?
The median gross rent in Calhoun County, Florida is $680 per month, lower than the Florida average of $1,564.
What was the median gross rent in Calhoun County in 2020?
In 2020, the median gross rent in Calhoun County, Florida was $538 per month.
What is the price-to-rent ratio in Calhoun County, Florida?
The price-to-rent ratio in Calhoun County, Florida is about 3.0, meaning it would take roughly 3.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Calhoun County.
Are home prices or rent rising faster in Calhoun County, Florida?
Home prices and rent are moving in opposite directions in Calhoun County: home prices fell about 15.8% a year while rent rose about 1.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Calhoun County, Florida?
62.8% of households in Calhoun County, Florida own their home, higher than the Florida average of 57.1%.
What is the vacancy rate in Calhoun County, Florida?
The housing vacancy rate in Calhoun County, Florida is 18.3%, higher than the Florida average of 15.2%.