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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



St. Augustine, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

St. Augustine, FL Housing Market Trends

With a population of 15,180, 5,833 total housing units (homes and apartments), and a median house value of $575,385, real estate costs in St. Augustine are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Florida communities.

Single-family detached homes are the single most common housing type in St. Augustine, accounting for 59.66% of the city's housing units. Other types of housing that are prevalent in St. Augustine include large apartment complexes or high rise apartments ( 27.67%), duplexes, homes converted to apartments or other small apartment buildings ( 7.14%), and a few row houses and other attached homes ( 5.32%).

People in St. Augustine primarily live in small (one, two or no bedroom) single-family detached homes. St. Augustine has a mixture of owner-occupied and renter-occupied housing.

St. Augustine homes and real estate are some of the newest in America. 30.76% of St. Augustine's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the St. Augustine real estate market has to offer. Quite a bit of the housing here was also built before 1939 ( 25.66%), and between 1970-1999 ( 22.45%). There's also some housing in St. Augustine built between 1940-1969 ( 21.12%).

Vacant housing appears to be an issue in St. Augustine. Fully 26.30% of the housing stock is classified as vacant. Left unchecked, vacant St. Augustine homes and apartments can be a drag on the real estate market, holding St. Augustine real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

St. Augustine Home Appreciation Rates

In the last 10 years, St. Augustine has experienced some of the highest home appreciation rates of any community in the nation. St. Augustine real estate appreciated 151.96% over the last ten years, which is an average annual home appreciation rate of 9.68%, putting St. Augustine in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, St. Augustine 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, St. Augustine appreciation rates have trailed the rest of the nation. In the last twelve months, St. Augustine's appreciation rate has been 2.07%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in St. Augustine were at -0.64%, which equates to an annual appreciation rate of -2.54%.

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

Relative to Florida, our data show that St. Augustine's latest annual appreciation rate is lower than 80% 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 St. Augustine differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Augustine - 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 2000, to assist you in making the best St. Augustine real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$575,385

St. Augustine, FL Home Prices
> $1,409,000
$1,056,001 - $1,409,000
$704,001 - $1,056,000
$563,001 - $704,000
$422,001 - $563,000
$282,001 - $422,000
$141,001 - $282,000
$71,001 - $141,000
$0 - $71,000
6.5%
6.5%
4.9%
4.9%
16.3%
16.3%
13.0%
13.0%
16.9%
16.9%
25.3%
25.3%
12.0%
12.0%
2.9%
2.9%
2.3%
2.3%
0% 100.0%
% of Homes
High

for Florida

Very High

for nation

Number of Homes And Apartments:

5,833

St. Augustine Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,014 / per month

Homeownership Rate

Owners
Renters
58.9%
58.9%
41.1%
41.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
26.3%
26.3%
73.7%
73.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
30.8%
30.8%
22.5%
22.5%
21.1%
21.1%
25.7%
25.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
59.7%
59.7%
5.3%
5.3%
7.1%
7.1%
27.7%
27.7%
0.2%
0.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.7%
2.7%
12.6%
12.6%
37.4%
37.4%
34.5%
34.5%
8.9%
8.9%
3.9%
3.9%
0% 100.0%
% of Homes