Beverly Hills, Florida Real Estate & Housing Market

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Beverly Hills Housing Information

Index	Beverly Hills	Florida	National
Median home price	$66,100	$166,800	$184,700
Median rent asked	$784	$1,032	$949
Avg. people per household	2.3	2.6	2.6
Owner occupied households	67.0%	64.8%	63.6%
Renter occupied households	33.0%	35.2%	36.4%

A general summary of the real estate market in Beverly Hills, FL is listed above. Properties in Beverly Hills, FL average a cost of $66,100, which is 60% lower than the median home price for real estate located in Florida. This means that the region of Beverly Hills, FL is, on average, more affordable when compared to the remainder of Florida. Since tenants living in Beverly Hills, FL will pay an average of $784, the median rental cost is 24% lower than in Florida. 67.0% of people in Beverly Hills, FL own their own homes, and an average of 2.3 people inhabit each property. Beverly Hills, FL has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Beverly Hills Home Affordability

When starting your search for real estate in Beverly Hills, FL, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Beverly Hills, FL costs $66,100 while each household has an average income of $27,147. Consequently, the ratio of home price to household income is 2.4x; this ratio is 29% lower than the average in Florida. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Beverly Hills, FL. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Beverly Hills, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Homosassa Springs, FL	13,273	$72,000	61%
Dunnellon, FL	1,910	$82,200	55%
Hernando, FL	9,300	$85,600	54%
Inverness Highlands North, FL	2,596	$85,900	53%
Inglis, FL	1,327	$91,300	51%
Beverly Hills, FL	9,073	$66,100	64%

Cities with similar population

City, State	Population	Home Price	National Avg.
Hondo, TX	9,071	$110,000	40%
Georgetown, SC	9,071	$120,600	35%
Smithville, MO	9,069	$174,200	6%
Newark, NY	9,068	$85,200	54%
Picnic Point, WA	9,068	$369,600	100%
Beverly Hills, FL	9,073	$66,100	64%

Source: The Beverly Hills, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).