Cantonment, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Cantonment, FL Housing Market Trends

With 25,041 people, 1,947 houses or apartments, and a median cost of homes of $197,394, Cantonment 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 Cantonment, accounting for 86.59% of the town's housing units. Other types of housing that are prevalent in Cantonment include mobile homes or trailers ( 8.08%), duplexes, homes converted to apartments or other small apartment buildings ( 2.92%), and a few large apartment complexes or high rise apartments ( 1.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cantonment. Owner-occupied housing accounts for 83.11% of Cantonment's homes, and 81.26% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cantonment 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 Cantonment built between 2000 and later ( 30.24%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.73%).

Cantonment Home Appreciation Rates

Appreciation rates for homes in Cantonment have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 40.68%, which ranks in the top 40% nationwide. This equates to an annual average Cantonment house appreciation rate of 3.47%.

Appreciation rates are so strong in Cantonment that despite a nationwide downturn in the housing market, Cantonment real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Cantonment appreciation rates continue to be some of the highest in America, at 6.80%, which is higher than appreciation rates in 84.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Cantonment. Cantonment appreciation rates in the latest quarter were at 1.93%, which equates to an annual appreciation rate of 7.94%.

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

Average Home Values

 
info

Median Home Value:
$197,394

Cantonment, FL HOME PRICES

> $1,198,000
0.4%
0.4%
$899,001 - $1,198,000
1.0%
1.0%
$599,001 - $899,000
1.6%
1.6%
$480,001 - $599,000
0.9%
0.9%
$360,001 - $480,000
7.5%
7.5%
$240,001 - $360,000
21.6%
21.6%
$120,001 - $240,000
42.9%
42.9%
$60,001 - $120,000
17.4%
17.4%
$0 - $60,000
6.7%
6.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Low for FL

Value Relative To Nation

Number Of Homes And Apartments:
1,947

Cantonment Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
67.56% 2.49%
1
5
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,349 / per month

Homeownership Rate

Owners
83.1%
83.1%
Renters
16.9%
16.9%
Vacant
8.7%
8.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
30.2%
30.2%
1970 - 1999
55.6%
55.6%
1940 - 1969
13.7%
13.7%
1939 or Older
0.4%
0.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
86.6%
86.6%
Townhomes
0.7%
0.7%
Small Apt. Buildings
2.9%
2.9%
Apt. Complexes
1.6%
1.6%
Mobile Homes
8.1%
8.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.3%
0.3%
1 Bedroom
2.0%
2.0%
2 Bedrooms
14.5%
14.5%
3 Bedrooms
56.8%
56.8%
4 Bedrooms
24.5%
24.5%
5 or more bedrooms
2.0%
2.0%
0.0% 100.0%
% OF HOMES