Golden Gate, Florida Housing Market Prices
Golden Gate Home Prices and Rent at a Glance
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 45% above the Florida median$450,001
-
Median rent 3% above the Florida median$1,713
Housing Market Overview
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,001 | $311,338 | $248,835 |
| Price Trend (Annual %) | 17.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,713 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 6.8% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Golden Gate is about 45% higher than in Florida. Rent is about 3% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Golden Gate, up about 17.7% and 6.8% a year respectively. Home prices are changing faster.
Median rent in Golden Gate rose about 74.6% between 2015 and 2024, from $981 to $1,713. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in Golden Gate.
Buying the median-priced home in Golden Gate costs roughly 21.9 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Golden Gate. The price-to-rent ratio in Florida is about 15.6.
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,001 | $311,338 | $248,835 |
| Median Household Income | $68,586 | $74,580 | $80,455 |
| Price-to-Income Ratio | 6.6 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Golden Gate rose about 305.6%, while median household income rose about 38.5% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.5% | 57.7% | 58.5% |
| Rental Rate | 42.7% | 27.7% | 31.2% |
| Vacancy Rate | 5.8% | 14.6% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Golden Gate has a homeownership rate of 51.5%, lower than the Florida average of 57.7%. Its housing vacancy rate is 5.8%, compared with 14.6% in Florida.
Housing Stock
| Metric | Golden Gate | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.63 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1987 | 1988 | 1978 |
| Median Number of Rooms | 4.7 | 5.2 | 5.5 |
The typical housing unit in Golden Gate was built around 1987. On average, 3.6 people live in a home with about 4.7 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Golden Gate, Florida.
What is the median home price in Golden Gate, Florida?
The median home price in Golden Gate, Florida is $450,001, higher than the Florida average of $311,338.
What is the average home price in Golden Gate, Florida?
The typical home price in Golden Gate, Florida, reported as the median sale price, is $450,001. 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 Golden Gate, Florida?
The median gross rent in Golden Gate, Florida is $1,713 per month, higher than the Florida average of $1,668.
What was the median gross rent in Golden Gate in 2020?
In 2020, the median gross rent in Golden Gate, Florida was $1,282 per month.
What is the price-to-rent ratio in Golden Gate, Florida?
The price-to-rent ratio in Golden Gate, Florida is about 21.9, meaning it would take roughly 21.9 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Golden Gate.
Are home prices or rent rising faster in Golden Gate, Florida?
Both home prices and rent are rising in Golden Gate, up about 17.7% and 6.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Golden Gate, Florida?
51.5% of households in Golden Gate, Florida own their home, lower than the Florida average of 57.7%.
What is the vacancy rate in Golden Gate, Florida?
The housing vacancy rate in Golden Gate, Florida is 5.8%, lower than the Florida average of 14.6%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →