Nocatee, Florida Real Estate & Housing Market

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Nocatee Housing Information

Index	Nocatee	Florida	National
Median home price	$351,700	$166,800	$184,700
Median rent asked	$1,637	$1,032	$949
Avg. people per household	3.4	2.6	2.6
Owner occupied households	74.6%	64.8%	63.6%
Renter occupied households	25.4%	35.2%	36.4%

A general summary of the real estate market in Nocatee, FL is listed above. Properties in Nocatee, FL average a cost of $351,700, which is 111% higher than the median home price for real estate located in Florida. This means that the region of Nocatee, FL is, on average, less affordable when compared to the remainder of Florida. Since tenants living in Nocatee, FL will pay an average of $1,637, the median rental cost is 59% higher than in Florida. 74.6% of people in Nocatee, FL own their own homes, and an average of 3.4 people inhabit each property. Nocatee, 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.

Nocatee Home Affordability

When starting your search for real estate in Nocatee, 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 Nocatee, FL costs $351,700 while each household has an average income of $96,659. Consequently, the ratio of home price to household income is 3.6x; this ratio is 7% higher 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 Nocatee, 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 Nocatee, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
St. Augustine, FL	13,867	$228,900	24%
World Golf Village, FL	15,041	$260,500	41%
Jacksonville Beach, FL	22,519	$287,200	55%
Villano Beach, FL	2,829	$290,000	57%
Fruit Cove, FL	31,419	$290,000	57%
Nocatee, FL	9,836	$351,700	90%

Cities with similar population

City, State	Population	Home Price	National Avg.
Paris, KY	9,836	$110,000	40%
Flat Rock, MI	9,836	$115,100	38%
Fort Salonga, NY	9,835	$668,900	262%
Tipp City, OH	9,834	$158,100	14%
Highland, IL	9,839	$151,800	18%
Nocatee, FL	9,836	$351,700	90%

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