Fort Mc Coy, 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 Q3 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Fort Mc Coy, FL Housing Market Trends

With 42,757 people, 1,189 houses or apartments, and a median cost of homes of $125,707, house prices in Fort Mc Coy are some of the most affordable in Florida as well as the nation.

Mobile homes or trailers are the single most common housing type in Fort Mc Coy, accounting for 51.89% of the town's housing units. Other types of housing that are prevalent in Fort Mc Coy include single-family detached homes ( 46.98%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Fort Mc Coy. Owner-occupied housing accounts for 83.94% of Fort Mc Coy's homes, and 52.42% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fort Mc Coy 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 Fort Mc Coy built between 1940-1969 ( 20.13%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.13%). There's also some housing in Fort Mc Coy built before 1939 ( 1.91%).

Vacant housing appears to be an issue in Fort Mc Coy. Fully 41.72% of the housing stock is classified as vacant. Left unchecked, vacant Fort Mc Coy homes and apartments can be a drag on the real estate market, holding Fort Mc Coy 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.

Fort Mc Coy Home Appreciation Rates

In the last 10 years, Fort Mc Coy has experienced some of the highest home appreciation rates of any community in the nation. Fort Mc Coy real estate appreciated 81.98% over the last ten years, which is an average annual home appreciation rate of 6.17%, putting Fort Mc Coy in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort Mc Coy 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, Fort Mc Coy's appreciation rate, at 12.92%, has been at or slightly above the national average. In the latest quarter, Fort Mc Coy's appreciation rate has been 5.22%, which annualizes to a rate of 22.56%.

Relative to Florida, our data show that Fort Mc Coy's latest annual appreciation rate is lower than 90% 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 Fort Mc Coy differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fort Mc Coy - 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 Fort Mc Coy real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$125,707

Fort Mc Coy, FL HOME PRICES

> $1,321,000
0.1%
0.1%
$991,001 - $1,321,000
0.3%
0.3%
$660,001 - $991,000
0.8%
0.8%
$528,001 - $660,000
1.8%
1.8%
$397,001 - $528,000
4.7%
4.7%
$264,001 - $397,000
8.3%
8.3%
$132,001 - $264,000
21.8%
21.8%
$66,001 - $132,000
34.3%
34.3%
$0 - $66,000
28.0%
28.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for FL

Value Relative To Nation

Number Of Homes And Apartments:
1,189

Fort Mc Coy Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q2 - 2021 Q3
Last 12 Months:
2020 Q3 - 2021 Q3
Last 2 Years:
2019 Q3 - 2021 Q3
Last 5 Years:
2016 Q3 - 2021 Q3
Last 10 Years:
2011 Q3 - 2021 Q3
Since 2000:
2000 Q1 - 2021 Q3
88.85% 2.97%
1
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,122 / per month

Homeownership Rate

Owners
83.9%
83.9%
Renters
16.1%
16.1%
Vacant
41.7%
41.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.1%
15.1%
1970 - 1999
62.8%
62.8%
1940 - 1969
20.1%
20.1%
1939 or Older
1.9%
1.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
47.0%
47.0%
Townhomes
0.2%
0.2%
Small Apt. Buildings
0.4%
0.4%
Apt. Complexes
0.5%
0.5%
Mobile Homes
51.9%
51.9%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.8%
0.8%
1 Bedroom
7.0%
7.0%
2 Bedrooms
38.6%
38.6%
3 Bedrooms
45.2%
45.2%
4 Bedrooms
7.2%
7.2%
5 or more bedrooms
1.2%
1.2%
0.0% 100.0%
% OF HOMES

Popular Communities Near Fort Mc Coy, FL

Zip Codes in Fort Mc Coy, FL