Learn more about Seminole FL Homes for Sale. Retiring to a smaller town comes with so many benefits that people living in larger cities do not get to enjoy. The peace and quiet of smaller towns is something you cannot overlook, together with the low cost of living, which can save you a considerable amount of money. People these days prefer this kind of life than living in large cities and blowing their money away, that is why investing in a home in Seminole will be a great idea. A lot of the homes for sale in Seminole, FL offer a family friendly surround and affordable real estate, homes in the area range in the mid $100’s.
Seminole is a medium sized city along the coast that is located in Pinellas County in Florida. It is surrounded by Pinellas county enclaves on all sides. Its neighbors are Indian Rock Beach, Largo, St. Petersburg, Gulf beach communities and Pinellas Park. Its population is at 17,926 people, a number that has more-or-less remained steady for a decade.
The real estate market in Seminole is at its peak at the moment, with a home appreciation rate of 12.2% noted in the last year. The median cost for a home here is $154,200. There are different types of homes for sale and for rent, therefore you need to specify exactly what you are looking for to make your search easy and fruitful.
64.48% of the homes in Seminole are occupied by their owners and only about 19% of these are occupied by renters. If you decide to offer a house that you have purchase for rent, you will have a wide variety of revenue options to choose from. These range from studio apartments which will bring in about $623 to four bedroomed homes or apartments with about $1,564.
Owner occupied homes in Seminole cost a little more when compared to the cost of homes in other parts of the country. Most of them are available at a cost of between $150,000 and $199,999.
More than 34% of homes here were constructed between years 1970 and 1979. These are the majority of the homes in Seminole. Only 9% of the homes were constructed between 2000 and 2009 and 10% between 1990 and 1999. Nevertheless, you will get quite classy and modern homes here, for rent and for sale.
Seminole, FL Real Estate Market Tip
- First Time Home Buyers – Are you a first home time buyer in Seminole Florida? There are many new loan programs out there, if you have a little money there are programs out there for you! A new conventional loan program out that offer 3% down. Get more information about First Time Home Buyers Programs in and around Seminole.
- VA Loan Programs for Veterans – This is an awesome program for Veterans, the VA guaranteed a loan to honorable discharged Veterans. First step is to go to the nearest Seminole Veteran Affair office to get a certificate. If you would like to get started with getting approve for a VA home loan with an experience real estate agent in Central Florida.
- Seminole FL Foreclosure Properties – If you are investor or just interested in buying Seminole foreclosure homes for sale or Seminole real estate for sale at below market value? Use my search page for Seminole Foreclosure homes to find out more.
Once you settle in Seminole, be prepared to mingle with people who hold white collar jobs. These make up a whopping 86% of the total population in the growing city.
The female population here is at 54% and the rest are males, meaning that there is a good gender balance. Only 7% of the population are children below 9 years of age, with most of the people here within the ages of 45 and 54. About 30% of the population are older people above 65 years of age, meaning that many of the people here are retires.
People living in Seminole are doing really well economically. The unemployment rate is at 5.7% with a job growth of 3.13%. 11.32% of the households in the region are those that receive an income of between 40K and 50K. Most households receive an income of above 30k, which is more than the average in the country.
There are professionals in different kinds of fields in Seminole, with those taking management finance and business related jobs as the majority at 15.46%.
Retirees need a quiet place to retire to, just what Seminole is. This is a very beautiful place, with so many activities that the retirees together with other residents can enjoy to the maximum. There are other activities and amenities for other age groups too, making this place a perfect one to settle looking for premium real estate.
List of Houses in Seminole, FL that’s for Sale
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