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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.



Belleview, 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

Belleview, FL Housing Market Trends

With 5,650 people, 2,105 houses or apartments, and a median cost of homes of $252,782, Belleview real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Belleview, accounting for 64.98% of the city's housing units. Other types of housing that are prevalent in Belleview include mobile homes or trailers ( 18.01%), duplexes, homes converted to apartments or other small apartment buildings ( 9.90%), and a few large apartment complexes or high rise apartments ( 5.55%).

The most prevalent building size and type in Belleview are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.65% owning and 38.35% renting.

There is a lot of housing in Belleview 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 Belleview built between 2000 and later ( 32.31%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.54%). There's also some housing in Belleview built before 1939 ( 1.52%).

Vacant housing appears to be an issue in Belleview. Fully 15.93% of the housing stock is classified as vacant. Left unchecked, vacant Belleview homes and apartments can be a drag on the real estate market, holding Belleview 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.

Belleview Home Appreciation Rates

In the last 10 years, Belleview has experienced some of the highest home appreciation rates of any community in the nation. Belleview real estate appreciated 212.99% over the last ten years, which is an average annual home appreciation rate of 12.09%, putting Belleview in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Belleview definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Belleview's appreciation rate, at 5.78%, has been at or slightly above the national average. In the latest quarter, Belleview's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.

Relative to Florida, our data show that Belleview's latest annual appreciation rate is higher than 50% 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 Belleview differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Belleview - 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 Belleview real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$252,782

Belleview, FL Home Prices
> $1,617,000
$1,213,001 - $1,617,000
$809,001 - $1,213,000
$647,001 - $809,000
$485,001 - $647,000
$324,001 - $485,000
$162,001 - $324,000
$80,001 - $162,000
$0 - $80,000
0.0%
0.0%
0.0%
0.0%
2.9%
2.9%
5.7%
5.7%
11.1%
11.1%
19.5%
19.5%
36.6%
36.6%
12.2%
12.2%
12.1%
12.1%
0% 100.0%
% of Homes
Low

for Florida

Average

for nation

Number of Homes And Apartments:

2,105

Belleview Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,578 / per month

Homeownership Rate

Owners
Renters
61.6%
61.6%
38.4%
38.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.9%
15.9%
84.1%
84.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
32.3%
32.3%
51.6%
51.6%
14.5%
14.5%
1.5%
1.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.0%
65.0%
1.6%
1.6%
9.9%
9.9%
5.6%
5.6%
18.0%
18.0%
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
1.4%
1.4%
8.6%
8.6%
38.3%
38.3%
43.7%
43.7%
6.9%
6.9%
1.1%
1.1%
0% 100.0%
% of Homes