Beverly Hills, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Beverly Hills Neighborhoods Since 2000




Beverly Hills, 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

Beverly Hills Housing Market Information

With a population of 8,342, 3,999 total housing units (homes and apartments), and a median house value of $96,952, house prices in Beverly Hills are solidly below the national average.

Single-family detached homes are the single most common housing type in Beverly Hills, accounting for 92.69% of the town's housing units. Other types of housing that are prevalent in Beverly Hills include row houses and other attached homes ( 3.93%), large apartment complexes or high rise apartments ( 2.13%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.26%).

People in Beverly Hills primarily live in small (one, two or no bedroom) single-family detached homes. Beverly Hills has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Beverly Hills 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 Beverly Hills built between 1940-1969 ( 18.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 4.27%).

Vacant housing appears to be an issue in Beverly Hills. Fully 19.03% of the housing stock is classified as vacant. Left unchecked, vacant Beverly Hills homes and apartments can be a drag on the real estate market, holding Beverly Hills 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.

Beverly Hills Home Appreciation Rates

Homes have actually lost value in Beverly Hills over the last then years, as home values have seen a decline of 38.31% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Beverly Hills home appreciation rates at 2.96%, which equates to an annual appreciation rate of 12.39%.

Appreciation rates are so strong in Beverly Hills that despite a nationwide downturn in the housing market, Beverly Hills real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Beverly Hills appreciation rates continue to be some of the highest in America, at 9.58%, which is higher than appreciation rates in 92.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Beverly Hills. Beverly Hills appreciation rates in the latest quarter were at 2.96%, which equates to an annual appreciation rate of 12.39%.

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

Relative to Florida, our data show that Beverly Hills's latest annual appreciation rate is higher than 60% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$96,952

Beverly Hills, FL HOME PRICES

Value Range
> $1,217,000 0.0
$913,001 - $1,217,000 0.0
$608,001 - $913,000 0.0
$487,001 - $608,000 0.0
$365,001 - $487,000 0.7
$243,001 - $365,000 1.8
$122,001 - $243,000 20.1
$61,001 - $122,000 48.7
$0 - $61,000 28.7

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
79.5617016289699 91.6666666666667

Number Of Homes And Apartments:
3,999

Beverly Hills 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
22.41% 1.18% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,033 / per month

Homeownership Rate

Homeownership
Owners 63.08
Renters 36.92
Vacant 19.03

Housing Market Details

 

Age of Homes

AGE OF Beverly Hills HOMES
2000 or Newer 4.3
1970 - 1999 76.6
1940 - 1969 18.5
1939 or Older 0.7

Types of Homes

TYPE OF Beverly Hills HOMES
Single-Family 92.7
Townhomes 3.9
Small Apt. Buildings 1.3
Apt. Complexes 2.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Beverly Hills HOMES
No Bedroom 1.28
1 Bedroom 10.85
2 Bedrooms 69.20
3 Bedrooms 16.54
4 Bedrooms 1.98
5 or more bedrooms 0.14

Zip Codes in Beverly Hills, FL