Housing Market Overview

Housing market data including home prices, rent costs, affordability metrics, and housing stock characteristics.

$888,978
$1,368

Housing Market Overview

Metric West Little River Florida Avg US Average
Median Home Price $888,978 $293,727 $242,182
Price Trend (Annual %) 56.4% 12.0% 8.2%
Median Gross Rent $1,368 $1,564 $1,342
Rent Trend (Annual %) 6.8% 6.1% 5.1%
Household Income Trend (Annual %)

Housing Cost & Rent Trends

Median Home Price Over Time
West Little River
Florida
United States
Year West Little River Florida United States
Median Rent Over Time
West Little River
Florida
United States
Year West Little River Florida United States

Affordability

On average, housing unit costs 16.4 yearly household incomes in West Little River.

Metric West Little River Florida Avg US Average
Median Home Price $888,978 $293,727 $242,182
Median Household Income $54,088 $71,865 $78,145
Price-to-Income Ratio 16.4 4.1 3.1
Home Prices vs Income Over Time
Home Prices
Household Income
Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric West Little River Florida Avg US Average
Homeownership Rate 57.5% 57.1% 58.2%
Rental Rate 37.6% 27.7% 31.3%
Vacancy Rate 4.8% 15.2% 10.6%
Median Tenure (years) 21.0 13.0 15.0
Median Year Moved In 2005 2013 2011

Housing Stock

Metric West Little River Florida Avg US Average
Average Household Size 3.16 people 2.51 people 2.54 people
Median Structure Built Year 1959 1987 1978
Median Number of Rooms 4.8 5.2 5.5