Kendall appreciation rates and housing market information

Kendall housing market information

With 75,279 people, 29,652 houses or apartments, and a median cost of homes of $337,574, Kendall house prices are not only among the most expensive in Florida, Kendall real estate also is some of the most expensive in all of America.

single-family detached homes are the single most common housing type in Kendall, accounting for 42.26% of the town's housing units. Other types of housing that are prevalent in Kendall include large apartment complexes or high rise apartments (37.01%), row houses and other attached homes (16.96%), and a few duplexes, homes converted to apartments, or other small apartment buildings (3.64%).

Dwellings in Kendall tend to be quite small (one, two, or no bedrooms) and owner-occupied. In fact, 51.05% of the homes in Kendall have two or fewer bedrooms.

There is a lot of housing in Kendall 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 Kendall built from 1940-1969 (24.21%). A lesser amount of the housing stock also hails from 1995 and later (3.95%), and some were built from 1939 and earlier (3.95%).

Kendall home appreciation rates

Appreciation rates for homes in Kendall have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.31%, which ranks in the top 20% nationwide. This equates to an annual average Kendall house appreciation rate of 10.53%.

Over the last year, Kendall appreciation rates have trailed the rest of the nation. In the last twelve months, Kendall's appreciation rate has been -7.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Kendall were at 1.67%, which equates to an annual appreciation rate of 6.68%.

Relative to Florida, our data show that Kendall's latest annual appreciation rate is higher than 66% 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 town. Individual neighborhoods within Kendall differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Kendall - 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 Kendall real estate investment or home purchase decisions.