Crystal River, FL


Highest Appreciating Crystal River Neighborhoods Since 2000

Crystal River, 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

Crystal River Housing Market Information

With a population of 3,089, 1,232 total housing units (homes and apartments), and a median house value of $132,650, house prices in Crystal River are solidly below the national average.

Single-family detached homes are the single most common housing type in Crystal River, accounting for 65.55% of the city's housing units. Other types of housing that are prevalent in Crystal River include large apartment complexes or high rise apartments ( 13.94%), duplexes, homes converted to apartments or other small apartment buildings ( 12.62%), and a few mobile homes or trailers ( 6.58%).

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 1940-1969 ( 32.02%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.77%). There's also some housing in Crystal River built before 1939 ( 5.36%).

Vacant housing appears to be an issue in Crystal River. Fully 39.96% 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

Homes have actually lost value in Crystal River over the last then years, as home values have seen a decline of 26.83% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Crystal River home appreciation rates at 2.96%, which equates to an annual appreciation rate of 12.39%.

Appreciation rates are so strong in Crystal River that despite a nationwide downturn in the housing market, Crystal River real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Crystal River appreciation rates continue to be some of the highest in America, at 12.20%, which is higher than appreciation rates in 97.69% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Crystal River. Crystal River appreciation rates in the latest quarter were at 2.96%, which equates to an annual appreciation rate of 12.39%.

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 higher than 80% of the other cities and towns in Florida.

Average Home Values


Median Home Value:

Crystal River, FL HOME PRICES

Value Range
> $1,263,000 0.5
$948,001 - $1,263,000 2.9
$632,001 - $948,000 0.7
$505,001 - $632,000 1.5
$379,001 - $505,000 5.0
$253,001 - $379,000 12.6
$127,001 - $253,000 34.1
$63,001 - $127,000 30.0
$0 - $63,000 12.5

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
58.4173209891011 73.9316239316239

Number Of Homes And Apartments:

Crystal River Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
49.56% 2.36% 2 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$907 / per month

Homeownership Rate

Owners 57.47
Renters 42.53
Vacant 39.96

Housing Market Details


Age of Homes

AGE OF Crystal River HOMES
2000 or Newer 10.8
1970 - 1999 51.9
1940 - 1969 32.0
1939 or Older 5.4

Types of Homes

TYPE OF Crystal River HOMES
Single-Family 65.5
Townhomes 1.3
Small Apt. Buildings 12.6
Apt. Complexes 13.9
Mobile Homes 6.6
Other 0.0

Home Size

SIZE OF Crystal River HOMES
No Bedroom 3.17
1 Bedroom 8.38
2 Bedrooms 40.64
3 Bedrooms 38.79
4 Bedrooms 8.38
5 or more bedrooms 0.63

Zip Codes in Crystal River, FL