Apalachicola, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Apalachicola Neighborhoods Since 2000




Apalachicola, FL Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Apalachicola Housing Market Information

With a population of 2,281, 940 total housing units (homes and apartments), and a median house value of $134,134, house prices in Apalachicola are solidly below the national average.

Single-family detached homes are the single most common housing type in Apalachicola, accounting for 76.73% of the city's housing units. Other types of housing that are prevalent in Apalachicola include mobile homes or trailers ( 9.64%), duplexes, homes converted to apartments or other small apartment buildings ( 7.38%), and a few large apartment complexes or high rise apartments ( 4.82%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Apalachicola. Owner-occupied housing accounts for 69.18% of Apalachicola's homes, and 53.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Apalachicola built from 1970 to 1999 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 Apalachicola built before 1939 ( 21.91%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.67%). There's also some housing in Apalachicola built between 2000 and later ( 17.09%).

Vacant housing appears to be an issue in Apalachicola. Fully 29.22% of the housing stock is classified as vacant. Left unchecked, vacant Apalachicola homes and apartments can be a drag on the real estate market, holding Apalachicola 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.

Apalachicola Home Appreciation Rates

Apalachicola's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Apalachicola during the period has been just -1.78%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Apalachicola's appreciation rate, at 4.41%, has been at or slightly above the national average. In the latest quarter, Apalachicola's appreciation rate has been 1.20%, which annualizes to a rate of 4.89%.

Relative to Florida, our data show that Apalachicola's latest annual appreciation rate is lower than 80% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$134,134

Apalachicola, FL HOME PRICES

Value Range
> $1,191,000 2.4
$893,001 - $1,191,000 2.9
$595,001 - $893,000 5.4
$476,001 - $595,000 2.2
$357,001 - $476,000 13.3
$238,001 - $357,000 14.2
$119,001 - $238,000 31.6
$60,001 - $119,000 20.0
$0 - $60,000 8.2

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
57.5647486229931 73.5042735042735

Number Of Homes And Apartments:
940

Apalachicola Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
74.41% 3.28% 5 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$778 / per month

Homeownership Rate

Homeownership
Owners 69.18
Renters 30.82
Vacant 29.22

Housing Market Details

 

Age of Homes

AGE OF Apalachicola HOMES
2000 or Newer 17.1
1970 - 1999 42.3
1940 - 1969 18.7
1939 or Older 21.9

Types of Homes

TYPE OF Apalachicola HOMES
Single-Family 76.7
Townhomes 1.4
Small Apt. Buildings 7.4
Apt. Complexes 4.8
Mobile Homes 9.6
Other 0.0

Home Size

SIZE OF Apalachicola HOMES
No Bedroom 0.53
1 Bedroom 10.47
2 Bedrooms 34.79
3 Bedrooms 42.02
4 Bedrooms 10.99
5 or more bedrooms 1.20

Popular Neighborhoods in Apalachicola

Popular Communities Near Apalachicola, FL

Zip Codes in Apalachicola, FL