Ives Estates, Florida Real Estate & Housing Market

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Ives Estates Housing Information

Index	Ives Estates	Florida	National
Median home price	$121,900	$166,800	$184,700
Median rent asked	$1,271	$1,032	$949
Avg. people per household	3.0	2.6	2.6
Owner occupied households	60.8%	64.8%	63.6%
Renter occupied households	39.2%	35.2%	36.4%

The above shows an overview of the real estate market in Ives Estates, FL. Note how the median home price for Ives Estates, FL runs $121,900, which is 27% lower than the average property price for Florida. So you’re going to get real estate in Ives Estates, FL that is on-average more affordable than what you’ll find in the rest of Florida. As for rent, the median for Ives Estates, FL runs $1,271, which is comparatively 23% higher than the average rent for Florida. For Ives Estates, FL, about 60.8% of the population consist of home owners with about 3.0 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Ives Estates, FL offers a wide variety of real estate. To find your perfect home in Ives Estates, FL, filter your choice by price, location, and number of beds and baths using the search area above.

Ives Estates Home Affordability

When deciding where to purchase Ives Estates, FL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Ives Estates, FL the median home price is $121,900 and $48,345 is the median household income. As a result, the home price to income ratio in Ives Estates, FL is 2.5x, which is 26% lower than the Florida average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Ives Estates, FL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Ives Estates, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Fisher Island, FL	235	$0	100%
Medley, FL	898	$33,100	82%
Pembroke Park, FL	6,259	$68,600	63%
Franklin Park, FL	1,039	$86,300	53%
Gladeview, FL	12,899	$89,800	51%
Ives Estates, FL	20,759	$121,900	34%

Cities with similar population

City, State	Population	Home Price	National Avg.
Lino Lakes, MN	20,758	$263,800	43%
Sidney, OH	20,761	$109,500	41%
Corinth, TX	20,764	$191,500	4%
Evans, CO	20,767	$159,300	14%
Camp Springs, MD	20,770	$254,100	38%
Ives Estates, FL	20,759	$121,900	34%

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