Bradenton, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Bradenton Neighborhoods Since 2000




Bradenton, 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

Bradenton Housing Market Information

With a population of 54,437, 20,649 total housing units (homes and apartments), and a median house value of $162,977, Bradenton 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 Bradenton, accounting for 41.53% of the city's housing units. Other types of housing that are prevalent in Bradenton include large apartment complexes or high rise apartments ( 36.02%), row houses and other attached homes ( 9.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.76%).

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

There is a lot of housing in Bradenton 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 Bradenton built between 1940-1969 ( 19.74%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.30%). There's also some housing in Bradenton built before 1939 ( 6.48%).

Vacant housing appears to be an issue in Bradenton. Fully 21.65% of the housing stock is classified as vacant. Left unchecked, vacant Bradenton homes and apartments can be a drag on the real estate market, holding Bradenton 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.

Bradenton Home Appreciation Rates

Homes have actually lost value in Bradenton over the last then years, as home values have seen a decline of 21.28% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Bradenton home appreciation rates at 2.40%, which equates to an annual appreciation rate of 9.95%.

Appreciation rates are so strong in Bradenton that despite a nationwide downturn in the housing market, Bradenton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Bradenton appreciation rates continue to be some of the highest in America, at 9.75%, which is higher than appreciation rates in 93.16% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Bradenton. Bradenton appreciation rates in the latest quarter were at 2.40%, which equates to an annual appreciation rate of 9.95%.

Importantly, this makes Bradenton 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 Bradenton's latest annual appreciation rate is higher than 60% 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 Bradenton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bradenton - 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 Bradenton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$162,977

Bradenton, FL HOME PRICES

Value Range
> $1,395,000 0.8
$1,046,001 - $1,395,000 0.2
$698,001 - $1,046,000 1.4
$558,001 - $698,000 2.1
$418,001 - $558,000 4.7
$279,001 - $418,000 9.9
$139,001 - $279,000 41.8
$70,001 - $139,000 29.1
$0 - $70,000 10.0

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
44.456814719325 60.2564102564103

Number Of Homes And Apartments:
20,649

Bradenton 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
66.15% 2.99% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,255 / per month

Homeownership Rate

Homeownership
Owners 51.89
Renters 48.11
Vacant 21.65

Housing Market Details

 

Age of Homes

AGE OF Bradenton HOMES
2000 or Newer 11.3
1970 - 1999 62.5
1940 - 1969 19.7
1939 or Older 6.5

Types of Homes

TYPE OF Bradenton HOMES
Single-Family 41.5
Townhomes 9.5
Small Apt. Buildings 7.8
Apt. Complexes 36.0
Mobile Homes 5.2
Other 0.0

Home Size

SIZE OF Bradenton HOMES
No Bedroom 2.09
1 Bedroom 15.40
2 Bedrooms 48.77
3 Bedrooms 28.90
4 Bedrooms 3.90
5 or more bedrooms 0.95