Learn more about Homes for Sale in Dade City Florida. If you are looking for a place to purchase your next home in Florida, consider looking at Dade City. This is an attractive small town with brilliant weather all year round. It has the potential to achieve substantial growth over the next few years, and is ideal for middle-class home buyers. The real estate market here is affordable compare to other small towns in Central Florida.
Dade city is a small city in Pasco County, Florida USA. Its population is currently at 6,536 people. It is the county seat of Pasco County and its actual location is in the Tampa Bay Area. Dade City is quite popular with tourists, thanks to its antique stores, amazing restaurants and great looking historic architecture for instance Hugh Embry Library, the Pasco County Courthouse and Edwinola. Other than these, the town hosts the Kumquat Festival. The surrounding region is in fact a large producer of tart kumquat, a small and delicious type of citrus fruit.
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The housing market in the city of Dade City is currently at its best since the area is experiencing a movement that could soon turn into a property boom. The median home value in the city is $70,100 and appreciation rate is at 11.5% on an annual basis. 49.80% of homes in the city are owner owned, 36.61% are rented homes and 13.59% are available for sale and rent. Studio apartments for rent are going for as low as $636 and 4 bedroom homes or apartments for rent are going for an average of $1,595. If you need a two bedroom home or apartments for rent, you will get a return on your investment of approximately $998 each month.
3.34% of the available houses are vacant for rent and 0.79% are those are also available for sale. 2.96% of the owner occupied houses go for less than $20,000 while 32.27% of these cost between $100,000 to $149,999. This means that whatever your budget may be, you are sure to find a home here.
You can also shop for homes for sale in Dade city as per the year of their construction. There are new homes that have convenient and modern features, and those that are as old as 1939 or earlier. Majority of homes in the city were built in the years between 2000 and 2009.
Dade City, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Dade City 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 Program in Dade City.
- 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 Dade City Veteran Affair office to get a certificate. To see if you qualify for a VA home loan, fill out the form and receive a call from one of our preferred VA mortgage lenders.
- Dade City FL Foreclosure Properties – If you are investor or just interested in buying Dade City foreclosure homes for sale or Dade City real estate for sale at below market value? Use my search page Dade City Foreclosure homes to find out more.
The Economic Situation in Dade City, FL
Majority of the people living in Dade city are those that are in the jobs related to Construction, extraction, maintenance/repair. 7.95 % of the population are in the Production, transportation, material moving and only 0.94 % of the population are into engineering and computer science. The unemployment rate is currently at 6.5% and job growth rate is expected to rise up to 39.80% in the next ten years. The future of Dade city looks bright, with expected growth not just in the city but also in the population and economy. This is what makes it a perfect place to settle in.
Dade City Neighbors
About 70% of the people living in Dade city are white and the remaining percentage are people from other ethnic backgrounds. You will therefore get a chance to interact with people from a range of races once you start living here. Only 20% of the people are from the region and all the others are from other parts of the country and world. This is therefore a place for all people, irrespective of where you come from.
Dade City is a very beautiful city that is safe, and with a well maintained neighborhood. The houses are quite stylish and modernized in order to give you just what you need to enjoy living in a modern home. The growth rate is promising, therefore you can expect your home to rapidly appreciate in value if you want to make a quick return on investment.