Chiefland, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Chiefland Neighborhoods Since 2000




Chiefland, 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

Chiefland Housing Market Information

With 2,218 people, 911 houses or apartments, and a median cost of homes of $128,630, house prices in Chiefland are solidly below the national average.

Single-family detached homes are the single most common housing type in Chiefland, accounting for 39.51% of the city's housing units. Other types of housing that are prevalent in Chiefland include duplexes, homes converted to apartments or other small apartment buildings ( 21.07%), mobile homes or trailers ( 19.94%), and a few large apartment complexes or high rise apartments ( 15.71%).

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

There is a lot of housing in Chiefland 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 Chiefland built between 2000 and later ( 19.94%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.42%). There's also some housing in Chiefland built before 1939 ( 1.88%).

Vacant housing appears to be an issue in Chiefland. Fully 14.30% of the housing stock is classified as vacant. Left unchecked, vacant Chiefland homes and apartments can be a drag on the real estate market, holding Chiefland 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.

Chiefland Home Appreciation Rates

Chiefland's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Chiefland during the period has been just -1.59%, which is lower than 80% of US communities.

Over the last year, Chiefland appreciation rates have trailed the rest of the nation. In the last twelve months, Chiefland's appreciation rate has been 3.14%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Chiefland were at 1.20%, which equates to an annual appreciation rate of 4.89%.

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

Average Home Values

 

Median Home Value:
$128,630

Chiefland, FL HOME PRICES

Value Range
> $1,224,000 1.8
$918,001 - $1,224,000 0.0
$612,001 - $918,000 2.5
$490,001 - $612,000 0.0
$367,001 - $490,000 2.2
$245,001 - $367,000 11.3
$123,001 - $245,000 31.4
$61,001 - $123,000 37.7
$0 - $61,000 13.1

Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
60.6234618539787 75.8547008547009

Number Of Homes And Apartments:
911

Chiefland 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
105.84% 4.27% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$786 / per month

Homeownership Rate

Homeownership
Owners 36.34
Renters 63.66
Vacant 14.30

Housing Market Details

 

Age of Homes

AGE OF Chiefland HOMES
2000 or Newer 19.9
1970 - 1999 65.8
1940 - 1969 12.4
1939 or Older 1.9

Types of Homes

TYPE OF Chiefland HOMES
Single-Family 39.5
Townhomes 3.8
Small Apt. Buildings 21.1
Apt. Complexes 15.7
Mobile Homes 19.9
Other 0.0

Home Size

SIZE OF Chiefland HOMES
No Bedroom 0.38
1 Bedroom 5.27
2 Bedrooms 45.06
3 Bedrooms 44.68
4 Bedrooms 4.61
5 or more bedrooms 0.00

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Zip Codes in Chiefland, FL