Coleman, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Coleman Neighborhoods Since 2000




Coleman, 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

Coleman Housing Market Information

With a population of 843, 233 total housing units (homes and apartments), and a median house value of $89,220, house prices in Coleman are some of the most affordable in Florida as well as the nation.

Single-family detached homes are the single most common housing type in Coleman, accounting for 58.94% of the city's housing units. Other types of housing that are prevalent in Coleman include mobile homes or trailers ( 34.90%), duplexes, homes converted to apartments or other small apartment buildings ( 4.11%), and a few large apartment complexes or high rise apartments ( 2.05%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Coleman. Owner-occupied housing accounts for 77.25% of Coleman's homes, and 57.18% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Coleman 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 Coleman built between 1940-1969 ( 38.42%). A lesser amount of the housing stock also hails from before 1939 ( 10.56%). There's also some housing in Coleman built between 2000 and later ( 2.05%).

Vacant housing appears to be an issue in Coleman. Fully 31.67% of the housing stock is classified as vacant. Left unchecked, vacant Coleman homes and apartments can be a drag on the real estate market, holding Coleman 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.

Coleman Home Appreciation Rates

Real estate appreciation rates in Coleman's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.66% during the period.

Over the last year, Coleman appreciation rates have trailed the rest of the nation. In the last twelve months, Coleman's appreciation rate has been 1.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Coleman were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Florida, our data show that Coleman's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$89,220

Coleman, FL HOME PRICES

Value Range
> $1,085,000 2.5
$814,001 - $1,085,000 0.0
$542,001 - $814,000 1.6
$434,001 - $542,000 0.4
$326,001 - $434,000 2.2
$217,001 - $326,000 10.1
$108,001 - $217,000 29.0
$54,001 - $108,000 28.8
$0 - $54,000 25.3

Very Low for FL
Very Low for Nation

Value Relative to Nation Value Relative to State
84.5013477088949 95.5128205128205

Number Of Homes And Apartments:
233

Coleman 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
63.69% 2.90% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$831 / per month

Homeownership Rate

Homeownership
Owners 77.25
Renters 22.75
Vacant 31.67

Housing Market Details

 

Age of Homes

AGE OF Coleman HOMES
2000 or Newer 2.1
1970 - 1999 49.0
1940 - 1969 38.4
1939 or Older 10.6

Types of Homes

TYPE OF Coleman HOMES
Single-Family 58.9
Townhomes 0.0
Small Apt. Buildings 4.1
Apt. Complexes 2.1
Mobile Homes 34.9
Other 0.0

Home Size

SIZE OF Coleman HOMES
No Bedroom 0.00
1 Bedroom 4.11
2 Bedrooms 38.71
3 Bedrooms 55.13
4 Bedrooms 2.05
5 or more bedrooms 0.00