Parker, Florida Real Estate & Housing Market

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Parker Housing Information

Index	Parker	Florida	National
Median home price	$129,600	$166,800	$184,700
Median rent asked	$872	$1,032	$949
Avg. people per household	2.5	2.6	2.6
Owner occupied households	57.6%	64.8%	63.6%
Renter occupied households	42.4%	35.2%	36.4%

A general summary of the real estate market in Parker, FL is listed above. Properties in Parker, FL average a cost of $129,600, which is 22% lower than the median home price for real estate located in Florida. This means that the region of Parker, FL is, on average, more affordable when compared to the remainder of Florida. Since tenants living in Parker, FL will pay an average of $872, the median rental cost is 16% lower than in Florida. 57.6% of people in Parker, FL own their own homes, and an average of 2.5 people inhabit each property. Parker, 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.

Parker Home Affordability

When starting your search for real estate in Parker, 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 Parker, FL costs $129,600 while each household has an average income of $46,195. Consequently, the ratio of home price to household income is 2.8x; this ratio is 18% 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 Parker, 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 Parker, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Tyndall AFB, FL	3,444	$0	100%
Cedar Grove, FL	3,514	$85,200	54%
Springfield, FL	9,318	$103,600	44%
Panama City, FL	36,654	$134,700	27%
Callaway, FL	14,942	$144,600	22%
Parker, FL	4,521	$129,600	30%

Cities with similar population

City, State	Population	Home Price	National Avg.
Phoenix Lake, CA	4,521	$340,000	84%
West Hazleton, PA	4,520	$82,200	55%
Benton Heights, MI	4,519	$56,200	70%
Sissonville, WV	4,523	$111,000	40%
River Ridge, FL	4,523	$151,900	18%
Parker, FL	4,521	$129,600	30%

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