Iona, Florida Real Estate & Housing Market

Iona, FL Listings

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Iona Housing Information

Index	Iona	Florida	National
Median home price	$200,000	$166,800	$184,700
Median rent asked	$1,129	$1,032	$949
Avg. people per household	2.0	2.6	2.6
Owner occupied households	69.9%	64.8%	63.6%
Renter occupied households	30.1%	35.2%	36.4%

Above, you'll find an overview of the real estate market in Iona, FL. Generally, real estate in the Iona, FL area is less affordable in Florida, as the median price of a home in Iona, FL is $200,000, which is 20% higher than the Florida average. The median rental price in Iona, FL is $1,129. This is 9% higher than the average rental price in Florida. Home owners comprise 69.9% of the population of Iona, FL, where an average of 2.0 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Iona, FL. Below, you can search for real estate listings in Iona, FL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Iona Home Affordability

When searching for real estate in Iona, FL, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Iona, FL, the median house price is $200,000, while the median income for households in the area is $53,119. Therefore, the ratio of house price to income is 3.8x; this ratio is 10% higher than the average in Florida. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Iona, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Palmona Park, FL	1,162	$0	100%
Pine Manor, FL	5,175	$38,500	79%
Suncoast Estates, FL	4,485	$46,400	75%
Tice, FL	4,661	$55,300	70%
North Fort Myers, FL	40,642	$71,800	61%
Iona, FL	14,287	$200,000	8%

Cities with similar population

City, State	Population	Home Price	National Avg.
Beacon, NY	14,289	$244,600	32%
Horsham, PA	14,283	$263,600	43%
Bellair-Meadowbrook Terrace, FL	14,300	$106,200	43%
Greendale, WI	14,303	$200,300	8%
Gainesville, VA	14,269	$442,400	140%
Iona, FL	14,287	$200,000	8%

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