Fleming Island, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fleming Island Neighborhoods Since 2000




Fleming Island, 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

Fleming Island Housing Market Information

With 28,476 people, 10,216 houses or apartments, and a median cost of homes of $263,134, Fleming Island real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Fleming Island, accounting for 75.75% of the town's housing units. Other types of housing that are prevalent in Fleming Island include large apartment complexes or high rise apartments ( 11.70%), row houses and other attached homes ( 10.42%), and a few mobile homes or trailers ( 1.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fleming Island. Owner-occupied housing accounts for 78.44% of Fleming Island's homes, and 73.70% have either three or four bedrooms, which is average sized relative to America.

Fleming Island homes and real estate are some of the newest in America. 51.82% of Fleming Island's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fleming Island real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 46.07%), and between 1940-1969 ( 2.10%).

Fleming Island Home Appreciation Rates

Fleming Island's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fleming Island during the period has been just -1.98%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Fleming Island's appreciation rate, at 4.68%, has been at or slightly above the national average. In the latest quarter, Fleming Island's appreciation rate has been 1.71%, which annualizes to a rate of 7.03%.

Importantly, this makes Fleming Island one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Florida, our data show that Fleming Island's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$263,134

Fleming Island, FL HOME PRICES

Value Range
> $1,178,000 1.4
$884,001 - $1,178,000 0.8
$589,001 - $884,000 2.0
$471,001 - $589,000 4.9
$353,001 - $471,000 13.7
$236,001 - $353,000 32.6
$117,001 - $236,000 34.5
$59,001 - $117,000 7.7
$0 - $59,000 2.4

High for FL
High for Nation

Value Relative to Nation Value Relative to State
20.6668229227704 30.7692307692308

Number Of Homes And Apartments:
10,216

Fleming Island 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
40.51% 1.99% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,318 / per month

Homeownership Rate

Homeownership
Owners 78.44
Renters 21.56
Vacant 6.52

Housing Market Details

 

Age of Homes

AGE OF Fleming Island HOMES
2000 or Newer 51.8
1970 - 1999 46.1
1940 - 1969 2.1
1939 or Older 0.0

Types of Homes

TYPE OF Fleming Island HOMES
Single-Family 75.8
Townhomes 10.4
Small Apt. Buildings 0.9
Apt. Complexes 11.7
Mobile Homes 1.2
Other 0.0

Home Size

SIZE OF Fleming Island HOMES
No Bedroom 0.88
1 Bedroom 3.49
2 Bedrooms 10.65
3 Bedrooms 38.53
4 Bedrooms 35.17
5 or more bedrooms 11.28

Popular Neighborhoods in Fleming Island

Zip Codes in Fleming Island, FL