Wesley Chapel, Florida Real Estate & Housing Market

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Wesley Chapel Housing Information

Index	Wesley Chapel	Florida	National
Median home price	$181,100	$166,800	$184,700
Median rent asked	$1,308	$1,032	$949
Avg. people per household	3.0	2.6	2.6
Owner occupied households	72.5%	64.8%	63.6%
Renter occupied households	27.5%	35.2%	36.4%

Above is a snapshot look at the real estate market in Wesley Chapel, FL. In Wesley Chapel, FL, the median house price is $181,100, making the price 9% higher than that the average for Florida. Therefore, the affordability of Wesley Chapel, FL area real estate is less affordable than the real estate in other areas of Florida. In addition, Wesley Chapel, FL has a median rent price of $1,308; this price is 27% higher than that the average rental price for Florida. 72.5% of residents in Wesley Chapel, FL are homeowners, and the average amount of people who reside in each home is 3.0. Wesley Chapel, 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 Wesley Chapel, FL real estate for sale.

Wesley Chapel Home Affordability

When looking for real estate in Wesley Chapel, 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 Wesley Chapel, FL, the median price of a home is $181,100 and $73,981 is the median household income. This means that the home price to income ratio is 2.4x, a ratio that is 28% 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 Wesley Chapel, 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 Wesley Chapel, FL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Zephyrhills South, FL	4,894	$35,900	81%
Zephyrhills North, FL	1,961	$44,500	76%
Moon Lake, FL	4,708	$49,100	73%
Zephyrhills West, FL	4,856	$66,900	64%
Dade City North, FL	2,746	$67,500	63%
Wesley Chapel, FL	51,229	$181,100	2%

Cities with similar population

City, State	Population	Home Price	National Avg.
Joplin, MO	51,231	$115,600	37%
Lenexa, KS	51,206	$232,400	26%
Glendora, CA	51,285	$481,800	161%
Irondequoit, NY	51,135	$118,000	36%
Catalina Foothills, AZ	51,329	$400,200	117%
Wesley Chapel, FL	51,229	$181,100	2%

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