Fleming Island FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q2 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fleming Island Housing Market Information

With a population of 28,476, 10,292 total housing units (homes and apartments), and a median house value of $304,654, 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 76.44% of the town's housing units. Other types of housing that are prevalent in Fleming Island include large apartment complexes or high rise apartments ( 12.11%), row houses and other attached homes ( 8.03%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.60%).

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 78.82% of Fleming Island's homes, and 76.31% 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. 50.97% 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 ( 47.31%), and between 1940-1969 ( 1.73%).

Fleming Island Home Appreciation Rates

Appreciation rates for homes in Fleming Island have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 38.93%, which ranks in the top 40% nationwide. This equates to an annual average Fleming Island house appreciation rate of 3.34%.

NeighborhoodScout's data show that during the latest twelve months, Fleming Island's appreciation rate, at 4.31%, has been at or slightly above the national average. In the latest quarter, Fleming Island's appreciation rate has been 0.29%, which annualizes to a rate of 1.16%.

Notably, Fleming Island's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$304,654

Fleming Island, FL HOME PRICES

Value Range
> $1,242,000 0.4
$932,001 - $1,242,000 1.3
$621,001 - $932,000 3.9
$497,001 - $621,000 7.3
$373,001 - $497,000 17.3
$249,001 - $373,000 37.0
$125,001 - $249,000 26.0
$62,001 - $125,000 3.6
$0 - $62,000 3.1

High for FL
High for Nation

Value Relative to Nation Value Relative to State
20.8175182481752 32.1276595744681

Number Of Homes And Apartments:
10,292

Fleming Island Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
78.40% 2.86%
1
7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,152 / per month

Homeownership Rate

Homeownership
Owners 78.82
Renters 21.18
Vacant 5.06

Housing Market Details

 

Age of Homes

AGE OF Fleming Island HOMES
2000 or Newer 51.0
1970 - 1999 47.3
1940 - 1969 1.7
1939 or Older 0.0

Types of Homes

TYPE OF Fleming Island HOMES
Single-Family 76.4
Townhomes 8.0
Small Apt. Buildings 2.6
Apt. Complexes 12.1
Mobile Homes 0.7
Other 0.1

Home Size

SIZE OF Fleming Island HOMES
No Bedroom 0.84
1 Bedroom 2.46
2 Bedrooms 9.70
3 Bedrooms 40.06
4 Bedrooms 36.25
5 or more bedrooms 10.68

Popular Neighborhoods in Fleming Island

Zip Codes in Fleming Island, FL