Study: Florida among most expensive states to buy property

At nearly $700,000 per acre, it would take the average Floridian saving 30% of their salary 41.95 years to afford an acre of land.


The vacant land at 17501 N. Tamiami Trail sold to a local investor.
The vacant land at 17501 N. Tamiami Trail sold to a local investor.
Image via LoopNet.com
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The average cost for an acre in Florida is nearly $700,000, making it one of the most expensive state’s in the country to purchase property in.

 

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