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.
Housing Market Overview
| Metric | Country Club | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,527 | $293,727 | $242,182 |
| Price Trend (Annual %) | 10.9% | 12.0% | 8.2% |
| Median Gross Rent | $1,815 | $1,564 | $1,342 |
| Rent Trend (Annual %) | 6.1% | 6.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Country Club is about 41% lower than in Florida. Rent is about 16% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Country Club, up about 10.9% and 6.1% a year respectively. Home prices are changing faster.
Median rent in Country Club rose about 53.2% between 2015 and 2023, from $1,185 to $1,815. Over the same span, rent in Florida rose about 56.0%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Country Club.
Buying the median-priced home in Country Club costs roughly 8.0 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 Country Club. The price-to-rent ratio in Florida is about 15.7.
| Metric | Country Club | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $173,527 | $293,727 | $242,182 |
| Median Household Income | $71,200 | $71,865 | $78,145 |
| Price-to-Income Ratio | 2.4 | 4.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Country Club rose about 49.1%, while median household income rose about 54.6% 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 | Country Club | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 43.1% | 57.1% | 58.2% |
| Rental Rate | 52.2% | 27.7% | 31.3% |
| Vacancy Rate | 4.8% | 15.2% | 10.6% |
| Median Tenure (years) | 13.0 | 13.0 | 15.0 |
| Median Year Moved In | 2013 | 2013 | 2011 |
Country Club has a homeownership rate of 43.1%, lower than the Florida average of 57.1%. Its housing vacancy rate is 4.8%, compared with 15.2% in Florida.
Housing Stock
| Metric | Country Club | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.80 people | 2.51 people | 2.54 people |
| Median Structure Built Year | 1989 | 1987 | 1978 |
| Median Number of Rooms | 4.3 | 5.2 | 5.5 |
The typical housing unit in Country Club was built around 1989. On average, 2.8 people live in a home with about 4.3 rooms, staying for about 13.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Country Club, Florida.
What is the median home price in Country Club, Florida?
The median home price in Country Club, Florida is $173,527, lower than the Florida average of $293,727.
What is the average home price in Country Club, 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 Country Club, Florida?
The median gross rent in Country Club, Florida is $1,815 per month, higher than the Florida average of $1,564.
What was the median gross rent in Country Club in 2020?
In 2020, the median gross rent in Country Club, Florida was $1,461 per month.
What is the price-to-rent ratio in Country Club, Florida?
The price-to-rent ratio in Country Club, Florida is about 8.0, meaning it would take roughly 8.0 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 Country Club.
Are home prices or rent rising faster in Country Club, Florida?
Both home prices and rent are rising in Country Club, up about 10.9% and 6.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Country Club, Florida?
43.1% of households in Country Club, Florida own their home, lower than the Florida average of 57.1%.
What is the vacancy rate in Country Club, Florida?
The housing vacancy rate in Country Club, Florida is 4.8%, lower than the Florida average of 15.2%.