Apopka appreciation rates and housing market information

Apopka housing market information

With a population of 26,082, 10,076 total housing units (homes and apartments), and a median house value of $235,800, Apopka real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Apopka, accounting for 73.03% of the city's housing units. Other types of housing that are prevalent in Apopka include large apartment complexes or high rise apartments (10.09%), mobile homes or trailers (6.47%), row houses and other attached homes (6.38%), and a few duplexes, homes converted to apartments, or other small apartment buildings (4.02%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Apopka. Owner-occupied housing accounts for 70.77% of Apopka's homes, and 67.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Apopka built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Apopka built from 1995 and later (25.84%). A lesser amount of the housing stock also hails from 1940-1969 (10.58%), and some were built from 1939 and earlier (10.58%).

Apopka home appreciation rates

In the last 10 years, Apopka has experienced some of the highest home appreciation rates of any community in the nation. Apopka real estate appreciated 128.99% over the last ten years, which is an average annual home appreciation rate of 12.89%, putting Apopka in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Apopka definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Apopka appreciation rates have trailed the rest of the nation. In the last twelve months, Apopka's appreciation rate has been -10.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Apopka were at -3.63%, which equates to an annual appreciation rate of -14.52%.

Notably, Apopka's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Florida, our data show that Apopka's latest annual appreciation rate is higher than 54% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Apopka differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Apopka - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Apopka real estate investment or home purchase decisions.