Arcadia, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Arcadia Neighborhoods Since 2000




Arcadia, FL Real Estate Data


Arcadia Housing Market Information

With a population of 7,851, 2,374 total housing units (homes and apartments), and a median house value of $101,695, house prices in Arcadia are solidly below the national average.

Single-family detached homes are the single most common housing type in Arcadia, accounting for 70.92% of the city's housing units. Other types of housing that are prevalent in Arcadia include large apartment complexes or high rise apartments ( 11.40%), duplexes, homes converted to apartments or other small apartment buildings ( 8.79%), and a few mobile homes or trailers ( 6.46%).

The most prevalent building size and type in Arcadia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.10% owning and 40.90% renting.

There is a lot of housing in Arcadia 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 Arcadia built between 1940-1969 ( 29.66%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.68%). There's also some housing in Arcadia built before 1939 ( 8.15%).

Vacant housing appears to be an issue in Arcadia. Fully 19.72% of the housing stock is classified as vacant. Left unchecked, vacant Arcadia homes and apartments can be a drag on the real estate market, holding Arcadia 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.

Arcadia Home Appreciation Rates

Homes have actually lost value in Arcadia over the last then years, as home values have seen a decline of 37.24% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Arcadia home appreciation rates at -1.79%, which equates to an annual appreciation rate of -6.99%.

NeighborhoodScout's data show that during the latest twelve months, Arcadia's appreciation rate, at 5.10%, has been at or slightly above the national average. In the latest quarter, Arcadia's appreciation rate has been -1.79%, which annualizes to a rate of -6.99%.

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

Relative to Florida, our data show that Arcadia's latest annual appreciation rate is lower than 90% 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 Arcadia differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Arcadia - 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 Arcadia real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$101,695

Arcadia, FL HOME PRICES

Value Range
> $1,231,000 0.6
$924,001 - $1,231,000 0.0
$616,001 - $924,000 0.2
$493,001 - $616,000 0.9
$369,001 - $493,000 1.0
$246,001 - $369,000 5.7
$123,001 - $246,000 25.6
$61,001 - $123,000 41.6
$0 - $61,000 24.4

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
77.7683433858406 92.7350427350427

Number Of Homes And Apartments:
2,374

Rent & Ownership

 

Average Market Rent:
$935 / per month

Homeownership Rate

Homeownership
Owners 59.10
Renters 40.90
Vacant 19.72

Housing Market Details

 

Age of Homes

AGE OF Arcadia HOMES
2000 or Newer 14.7
1970 - 1999 47.5
1940 - 1969 29.7
1939 or Older 8.2

Types of Homes

TYPE OF Arcadia HOMES
Single-Family 70.9
Townhomes 2.4
Small Apt. Buildings 8.8
Apt. Complexes 11.4
Mobile Homes 6.5
Other 0.0

Home Size

SIZE OF Arcadia HOMES
No Bedroom 1.49
1 Bedroom 10.65
2 Bedrooms 33.01
3 Bedrooms 45.32
4 Bedrooms 6.22
5 or more bedrooms 3.31

Arcadia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
51.90% 2.49% 3 6
* 10 is highest