Atlantic Beach, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Atlantic Beach Neighborhoods Since 2000




Atlantic Beach, 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

Atlantic Beach Housing Market Information

With 13,193 people, 5,477 houses or apartments, and a median cost of homes of $371,612, Atlantic Beach house prices are not only among the most expensive in Florida, Atlantic Beach 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 Atlantic Beach, accounting for 59.99% of the city's housing units. Other types of housing that are prevalent in Atlantic Beach include row houses and other attached homes ( 14.73%), large apartment complexes or high rise apartments ( 12.69%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 11.16%).

The most prevalent building size and type in Atlantic Beach are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.72% owning and 36.28% renting.

There is a lot of housing in Atlantic Beach 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 Atlantic Beach built between 1940-1969 ( 22.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.32%). There's also some housing in Atlantic Beach built before 1939 ( 3.28%).

Vacant housing appears to be an issue in Atlantic Beach. Fully 16.16% of the housing stock is classified as vacant. Left unchecked, vacant Atlantic Beach homes and apartments can be a drag on the real estate market, holding Atlantic Beach 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.

Atlantic Beach Home Appreciation Rates

Atlantic Beach's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Atlantic Beach during the period has been just -0.92%, which is lower than 70% of US communities.

Appreciation rates are so strong in Atlantic Beach that despite a nationwide downturn in the housing market, Atlantic Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Atlantic Beach appreciation rates continue to be some of the highest in America, at 7.86%, which is higher than appreciation rates in 86.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Atlantic Beach. Atlantic Beach appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.03%.

Importantly, this makes Atlantic Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Florida, our data show that Atlantic Beach's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$371,612

Atlantic Beach, FL HOME PRICES

Value Range
> $1,267,000 6.2
$950,001 - $1,267,000 2.9
$634,001 - $950,000 13.8
$507,001 - $634,000 6.8
$380,001 - $507,000 12.8
$253,001 - $380,000 16.3
$127,001 - $253,000 27.2
$63,001 - $127,000 10.7
$0 - $63,000 3.3

Very High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
10.8109691784835 18.8034188034188

Number Of Homes And Apartments:
5,477

Atlantic Beach 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
96.76% 4.00% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,574 / per month

Homeownership Rate

Homeownership
Owners 63.72
Renters 36.28
Vacant 16.16

Housing Market Details

 

Age of Homes

AGE OF Atlantic Beach HOMES
2000 or Newer 9.3
1970 - 1999 64.7
1940 - 1969 22.7
1939 or Older 3.3

Types of Homes

TYPE OF Atlantic Beach HOMES
Single-Family 60.0
Townhomes 14.7
Small Apt. Buildings 11.2
Apt. Complexes 12.7
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Atlantic Beach HOMES
No Bedroom 0.12
1 Bedroom 6.03
2 Bedrooms 28.21
3 Bedrooms 46.40
4 Bedrooms 16.78
5 or more bedrooms 2.46

Popular Neighborhoods in Atlantic Beach

Zip Codes in Atlantic Beach, FL