Welcome to our 33414 real estate data hub, tailored for investors in Wellington, FL. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 33414 in Wellington, FL. Discover Section 8 housing opportunities and challenges to maximize your investment potential in PALM BEACH COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Wellington, FL real estate investing. Uncover the wealth of information available, and position yourself for success in the Wellington property market.
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Location Overview
- Zip Code: 33414
- City: Wellington
- State: FL
- Metro Area: Miami-Fort Lauderdale-Pompano Beach, FL
- County Name: PALM BEACH COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $605,451
- Average Home Price (Single Family Homes): $628,500
- Average Monthly Rental Price (All Types): $3,048
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: 2.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $2,180
- Average 3 Bedroom Section 8 Rental Rates: $2,910
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.14
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.34
- Number of Units Offered in Section 8 in the County: 2569
- Number of Occupied Units in Section 8 in the County: 2468
- Percentage of Section 8 Units Occupied in the County: 96.09999847%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 283.1
- Total % Appreciation since 2000 (Government Data): 233.75
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.16%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.51%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.39%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 56.84%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.7%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.69%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 153.01%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -8.11%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.62%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 43.77%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 61.1%