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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.



Crystal River, 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

Crystal River, FL Housing Market Trends

With 3,485 people, 1,603 houses or apartments, and a median cost of homes of $302,909, Crystal River real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Crystal River, accounting for 49.61% of the city's housing units. Other types of housing that are prevalent in Crystal River include mobile homes or trailers ( 19.58%), large apartment complexes or high rise apartments ( 14.20%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.58%).

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

There is a lot of housing in Crystal River 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 Crystal River built between 2000 and later ( 14.57%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.83%). There's also some housing in Crystal River built before 1939 ( 1.81%).

Vacant housing appears to be an issue in Crystal River. Fully 25.61% of the housing stock is classified as vacant. Left unchecked, vacant Crystal River homes and apartments can be a drag on the real estate market, holding Crystal River 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.

Crystal River Home Appreciation Rates

In the last 10 years, Crystal River has experienced some of the highest home appreciation rates of any community in the nation. Crystal River real estate appreciated 197.69% over the last ten years, which is an average annual home appreciation rate of 11.53%, putting Crystal River in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Crystal River definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Crystal River's appreciation rate, at 5.09%, has been at or slightly above the national average. In the latest quarter, Crystal River's appreciation rate has been 3.94%, which annualizes to a rate of 16.73%.

Importantly, this makes Crystal River 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 Crystal River'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 city. Individual neighborhoods within Crystal River differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Crystal River - 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 Crystal River real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$302,909

Crystal River, FL Home Prices
> $1,667,000
$1,250,001 - $1,667,000
$834,001 - $1,250,000
$667,001 - $834,000
$500,001 - $667,000
$333,001 - $500,000
$167,001 - $333,000
$83,001 - $167,000
$0 - $83,000
6.6%
6.6%
3.9%
3.9%
10.4%
10.4%
7.9%
7.9%
13.5%
13.5%
19.1%
19.1%
23.7%
23.7%
5.4%
5.4%
9.5%
9.5%
0% 100.0%
% of Homes
Low

for Florida

High

for nation

Number of Homes And Apartments:

1,603

Crystal River Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,384 / per month

Homeownership Rate

Owners
Renters
58.8%
58.8%
41.2%
41.2%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
25.6%
25.6%
74.4%
74.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.6%
14.6%
69.8%
69.8%
13.8%
13.8%
1.8%
1.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
49.6%
49.6%
4.0%
4.0%
12.6%
12.6%
14.2%
14.2%
19.6%
19.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
9.0%
9.0%
42.6%
42.6%
38.0%
38.0%
8.1%
8.1%
1.6%
1.6%
0% 100.0%
% of Homes

Zip Codes in Crystal River, FL