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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.



Bushnell, 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

Bushnell, FL Housing Market Trends

With 3,141 people, 1,182 houses or apartments, and a median cost of homes of $224,755, house prices in Bushnell are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Bushnell, accounting for 52.48% of the city's housing units. Other types of housing that are prevalent in Bushnell include single-family detached homes ( 35.70%), duplexes, homes converted to apartments or other small apartment buildings ( 6.73%), and a few row houses and other attached homes ( 2.64%).

People in Bushnell primarily live in small (one, two or no bedroom) mobile homes or trailers. Bushnell has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Bushnell 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 Bushnell built between 2000 and later ( 21.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.33%).

Vacant housing appears to be an issue in Bushnell. Fully 25.71% of the housing stock is classified as vacant. Left unchecked, vacant Bushnell homes and apartments can be a drag on the real estate market, holding Bushnell 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.

Bushnell Home Appreciation Rates

Appreciation rates for homes in Bushnell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 84.35%, which ranks in the top 50% nationwide. This equates to an annual average Bushnell house appreciation rate of 6.31%.

Over the last year, Bushnell appreciation rates have trailed the rest of the nation. In the last twelve months, Bushnell's appreciation rate has been 1.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bushnell were at -0.54%, which equates to an annual appreciation rate of -2.15%.

Relative to Florida, our data show that Bushnell's latest annual appreciation rate is lower than 80% of the other cities and towns in Florida.

Average Home Values

Median Home Value

$224,755

Bushnell, FL Home Prices
> $1,365,000
$1,023,001 - $1,365,000
$683,001 - $1,023,000
$546,001 - $683,000
$410,001 - $546,000
$273,001 - $410,000
$137,001 - $273,000
$68,001 - $137,000
$0 - $68,000
0.0%
0.0%
1.3%
1.3%
3.0%
3.0%
5.9%
5.9%
8.6%
8.6%
26.7%
26.7%
20.1%
20.1%
15.8%
15.8%
18.6%
18.6%
0% 100.0%
% of Homes
Low

for Florida

Average

for nation

Number of Homes And Apartments:

1,182

Bushnell Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,257 / per month

Homeownership Rate

Owners
Renters
60.0%
60.0%
40.0%
40.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
25.7%
25.7%
74.3%
74.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.1%
21.1%
63.9%
63.9%
14.3%
14.3%
0.8%
0.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
35.7%
35.7%
2.6%
2.6%
6.7%
6.7%
2.0%
2.0%
52.5%
52.5%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
21.9%
21.9%
42.7%
42.7%
30.6%
30.6%
4.8%
4.8%
0.0%
0.0%
0% 100.0%
% of Homes