Median price for residential apartments in Milton, FL as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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188 Milton, FL, USA apartments for sale
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Milton
According to statistics, the population in Milton, FL amounts to 9,564, which shows growth 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $53,390, shifting growth 2% from the past year, and the average property value in Milton, FL growth 16% to $124,200 throughout the year.
| Population | 9,564 |
| Median Age | 34.8 |
| Poverty Rate | 16% |
| Household Income | $53,390 |
| Number Of Employees | 3,679 |
| Median Property Value | $124,200 |
Household Income
The average household income in Milton, FL grew from $52,439 to $53,390 in the past year. This data is an estimate based upon 3,576 households in Milton, FL . The chart below presents how household income is distributed in Milton, FL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Milton, FL shifted from $107,100 to $124,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Milton, FL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Milton, FL properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Milton, FL compared to median property taxes around the country. The prevalent amount of property taxes in Milton, FL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Milton, FL, USA
Average apartment sale in Milton: $253,788 (+0.1%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $112,665 | -4.5% |
| 2-bed apartments | $240,000 | +0% |
| 3-bed apartments | $299,388 | -0.6% |
| 4+ bed apartments | $347,550 | +1.6% |
During Jan 2023, the average price for an apartment in/near Milton, FL increased by 0.1% to $253,788.
Knowing the current property prices is key if you plan to buy a studio in Milton, FL. The average price for a studio has decreased since the last month, currently being $112,665. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $240,000. A 3-bed apartment goes for $299,388, it decreased by 0.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.6% and made it up to $347,550.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Lofts for sale | $378,000 | +0% |
| Land for sale | $67,858 | -8.8% |
| Houses for sale | $323,980 | +0.5% |
| Townhouses for sale | $172,725 | +0% |
| Duplexes for sale | $558,450 | +0% |
| Apartments for sale | $210,000 | +42.4% |
The average cost of an apartment in Milton, FL rised by 42.4% to $210,000. Price reports demonstrate that house price increased by 0.5% this month making it up to $323,980. An average value of duplex is $558,450, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $378,000. Value of the townhouses didn’t change, the price still starts at $172,725. The average price of the land for sale in Milton, FL has decreased by 8.8%, and now equals $67,858.
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