River Park, Florida Real Estate & Housing Market

River Park, FL Listings

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River Park Housing Information

Index	River Park	Florida	National
Median home price	$65,100	$166,800	$184,700
Median rent asked	$1,060	$1,032	$949
Avg. people per household	2.6	2.6	2.6
Owner occupied households	73.2%	64.8%	63.6%
Renter occupied households	26.8%	35.2%	36.4%

Above is a snapshot look at the real estate market in River Park, FL. In River Park, FL, the median house price is $65,100, making the price 61% lower than that the average for Florida. Therefore, the affordability of River Park, FL area real estate is more affordable than the real estate in other areas of Florida. In addition, River Park, FL has a median rent price of $1,060; this price is 3% higher than that the average rental price for Florida. 73.2% of residents in River Park, FL are homeowners, and the average amount of people who reside in each home is 2.6. River Park, 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 River Park, FL real estate for sale.

River Park Home Affordability

When looking for real estate in River Park, 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 River Park, FL, the median price of a home is $65,100 and $34,750 is the median household income. This means that the home price to income ratio is 1.9x, a ratio that is 45% 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 River Park, 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 River Park, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Ocean Breeze Park, FL	214	$13,500	93%
Fort Pierce North, FL	7,365	$59,800	68%
Fort Pierce South, FL	3,992	$85,500	54%
Fort Pierce, FL	43,883	$89,100	52%
Lakewood Park, FL	11,706	$92,300	50%
River Park, FL	5,538	$65,100	65%

Cities with similar population

City, State	Population	Home Price	National Avg.
Wrightsboro, NC	5,538	$139,100	25%
Glencoe, MN	5,535	$124,100	33%
Whiteville, NC	5,535	$107,100	42%
Penn Wynne, PA	5,535	$359,500	95%
Falcon Heights, MN	5,534	$283,200	53%
River Park, FL	5,538	$65,100	65%

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