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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 29,142, 11,291 total housing units (homes and apartments), and a median house value of $493,592, Fleming Island real estate prices are well above average cost compared to national prices.
Fleming Island is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Fleming Island than is found in 98% of the communities in America.
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 84.87% of Fleming Island's homes, and 76.21% 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. 54.29% 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 ( 44.19%), and between 1940-1969 ( 1.52%).
In the last 10 years, Fleming Island has experienced some of the highest home appreciation rates of any community in the nation. Fleming Island real estate appreciated 125.25% over the last ten years, which is an average annual home appreciation rate of 8.46%, putting Fleming Island in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fleming Island definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Fleming Island appreciation rates have trailed the rest of the nation. In the last twelve months, Fleming Island's appreciation rate has been 7.26%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fleming Island were at 1.77%, which equates to an annual appreciation rate of 7.26%.
Relative to Florida, our data show that Fleming Island's latest annual appreciation rate is lower than 60% 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 town. Individual neighborhoods within Fleming Island differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fleming Island - 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 Fleming Island real estate investment or home purchase decisions.
$493,592
for Florida
for nation
11,291
$3,371 / per month