Rio Pinar, Florida Real Estate & Housing Market

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Rio Pinar Housing Information

Index	Rio Pinar	Florida	National
Median home price	$231,800	$166,800	$184,700
Median rent asked	$1,830	$1,032	$949
Avg. people per household	3.1	2.6	2.6
Owner occupied households	87.9%	64.8%	63.6%
Renter occupied households	12.1%	35.2%	36.4%

Above is a snapshot look at the real estate market in Rio Pinar, FL. In Rio Pinar, FL, the median house price is $231,800, making the price 39% higher than that the average for Florida. Therefore, the affordability of Rio Pinar, FL area real estate is less affordable than the real estate in other areas of Florida. In addition, Rio Pinar, FL has a median rent price of $1,830; this price is 77% higher than that the average rental price for Florida. 87.9% of residents in Rio Pinar, FL are homeowners, and the average amount of people who reside in each home is 3.1. Rio Pinar, FL has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Rio Pinar, FL real estate for sale.

Rio Pinar Home Affordability

When looking for real estate in Rio Pinar, FL, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Rio Pinar, FL, the median price of a home is $231,800 and $87,125 is the median household income. This means that the home price to income ratio is 2.7x, a ratio that is 22% lower than the average in Florida. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Rio Pinar, FL will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Rio Pinar, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Lake Hart, FL	208	$0	100%
Tangelo Park, FL	2,386	$66,700	64%
Taft, FL	1,817	$67,700	63%
Orlovista, FL	5,814	$80,300	57%
Clarcona, FL	3,008	$83,900	55%
Rio Pinar, FL	5,069	$231,800	26%

Cities with similar population

City, State	Population	Home Price	National Avg.
Sea Cliff, NY	5,069	$650,700	252%
Alva, OK	5,070	$87,700	53%
Pinehurst, TX	5,067	$158,300	14%
Gibson, AR	5,071	$125,000	32%
Long View, NC	5,071	$86,700	53%
Rio Pinar, FL	5,069	$231,800	26%

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