Median real estate price in the City Center of Apalachicola is $366,720, which is more expensive than 83.9% of the neighborhoods in Florida and 79.1% of the neighborhoods in the U.S.
The average rental price in Apalachicola City Center is currently $1,211, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 59.2% of Florida neighborhoods.
Apalachicola City Center is a suburban neighborhood (based on population density) located in Apalachicola, Florida. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Real estate in the City Center of Apalachicola, FL is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Vacant apartments or homes are a major fact of life in Apalachicola City Center. The current real estate vacancy rate here is 66.8%. This is higher than the rate of vacancies in 99.6% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (55.4%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.