Suncoast Estates, Florida Real Estate & Housing Market

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Suncoast Estates Housing Information

Index	Suncoast Estates	Florida	National
Median home price	$46,400	$166,800	$184,700
Median rent asked	$733	$1,032	$949
Avg. people per household	2.8	2.6	2.6
Owner occupied households	50.7%	64.8%	63.6%
Renter occupied households	49.3%	35.2%	36.4%

Above, you will see a summary of real estate in Suncoast Estates, FL. On average, homes in Suncoast Estates, FL cost $46,400, a value that is 72% lower than the average in Florida. In general terms, this results in Suncoast Estates, FL real estate being more affordable than Florida real estate. On average, people who rent houses in Suncoast Estates, FL pay $733; this value is 29% lower than the average amount renters pay in Florida. 50.7% of Suncoast Estates, FL residents own their own homes and, on average, each of the homes has 2.8 occupants. Suncoast Estates, FL real estate features a range of homes, which include everthing from large houses to small condos to stacked townhomes. Accessing real estate listings and homes that are up for sale in Suncoast Estates, FL is easy because in our search area shown above, we categorize real estate and homes based on location, price, and the number of bedrooms and bathrooms.

Suncoast Estates Home Affordability

It’s advisable to look at home affordability when trying to find the ideal place to find real estate in Suncoast Estates, FL. To estimate home affordability, one method is to use the ratio of home price to median household income. The Suncoast Estates, FL’s median home price stands at $46,400 while $30,473 is the value of the average household income. The resulting home price to income ratio, which is 1.5x, differs from the Florida average as the ratio is 55% lower than the state’s average. The average home price divided by the median home income results in the home affordability ratio. Considering the comparison between the home price and home income, homes in Suncoast Estates, FL are considered less expensive if the ratio of home price to income is lower. Besides the home price to median household income ratio, other considerable factors do apply in determining home affordability. Using the home affordability calculator displayed below can help determine the exact price that suits any budget when searching for real estate in Suncoast Estates, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Palmona Park, FL	1,162	$0	100%
Pine Manor, FL	5,175	$38,500	79%
Tice, FL	4,661	$55,300	70%
North Fort Myers, FL	40,642	$71,800	61%
Harlem Heights, FL	1,291	$79,200	57%
Suncoast Estates, FL	4,485	$46,400	75%

Cities with similar population

City, State	Population	Home Price	National Avg.
Benton, KY	4,483	$116,300	37%
Byram, CT	4,487	$621,900	237%
Mount Vernon, IA	4,487	$201,600	9%
Meadow Lake, NM	4,483	$62,400	66%
Oconto, WI	4,488	$91,000	51%
Suncoast Estates, FL	4,485	$46,400	75%

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