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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 4,765, 1,821 total housing units (homes and apartments), and a median house value of $135,266, house prices in Belleview are solidly below the national average.
Single-family detached homes are the single most common housing type in Belleview, accounting for 62.58% of the city's housing units. Other types of housing that are prevalent in Belleview include mobile homes or trailers ( 16.07%), large apartment complexes or high rise apartments ( 8.08%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.04%).
People in Belleview primarily live in small (one, two or no bedroom) single-family detached homes. Belleview has a mixture of owner-occupied and renter-occupied housing.
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 ( 26.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.46%). There's also some housing in Belleview built before 1939 ( 3.04%).
Vacant housing appears to be an issue in Belleview. Fully 13.41% 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.
Homes have actually lost value in Belleview over the last then years, as home values have seen a decline of 31.77% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Belleview home appreciation rates at -0.58%, which equates to an annual appreciation rate of -2.28%.
Appreciation rates are so strong in Belleview that despite a nationwide downturn in the housing market, Belleview real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Belleview appreciation rates continue to be some of the highest in America, at 11.34%, which is higher than appreciation rates in 96.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Belleview. Belleview appreciation rates in the latest quarter were at -0.58%, which equates to an annual appreciation rate of -2.28%.
Notably, Belleview's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Belleview's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
|$926,001 - $1,235,000||0.0|
|$618,001 - $926,000||0.8|
|$494,001 - $618,000||1.0|
|$371,001 - $494,000||2.9|
|$247,001 - $371,000||13.7|
|$123,001 - $247,000||31.8|
|$62,001 - $123,000||40.3|
|$0 - $62,000||9.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Belleview HOMES|
|2000 or Newer||26.5|
|1970 - 1999||58.0|
|1940 - 1969||12.5|
|1939 or Older||3.0|
|TYPE OF Belleview HOMES|
|Small Apt. Buildings||8.0|
|SIZE OF Belleview HOMES|
|5 or more bedrooms||0.00|