Fort Mc Coy, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Fort Mc Coy Neighborhoods Since 2000




Fort Mc Coy, 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

Fort Mc Coy Housing Market Information

With 11,572 people, 1,264 houses or apartments, and a median cost of homes of $101,897, house prices in Fort Mc Coy are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Fort Mc Coy, accounting for 57.76% of the town's housing units. Other types of housing that are prevalent in Fort Mc Coy include single-family detached homes ( 41.84%).

Dwellings in Fort Mc Coy tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.15% of the homes in Fort Mc Coy have two or fewer bedrooms.

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 2000 and later ( 18.54%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.78%). There's also some housing in Fort Mc Coy built before 1939 ( 2.12%).

Vacant housing appears to be an issue in Fort Mc Coy. Fully 39.50% 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

Homes have actually lost value in Fort Mc Coy over the last then years, as home values have seen a decline of 28.49% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Fort Mc Coy home appreciation rates at -0.58%, which equates to an annual appreciation rate of -2.28%.

Appreciation rates are so strong in Fort Mc Coy that despite a nationwide downturn in the housing market, Fort Mc Coy real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fort Mc Coy appreciation rates continue to be some of the highest in America, at 7.44%, which is higher than appreciation rates in 83.78% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fort Mc Coy. Fort Mc Coy appreciation rates in the latest quarter were at -0.58%, which equates to an annual appreciation rate of -2.28%.

Notably, Fort Mc Coy's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Florida, our data show that Fort Mc Coy'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 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:
$101,897

Fort Mc Coy, FL HOME PRICES

Value Range
> $1,209,000 0.2
$907,001 - $1,209,000 0.1
$605,001 - $907,000 0.3
$484,001 - $605,000 0.6
$363,001 - $484,000 1.4
$242,001 - $363,000 7.6
$121,001 - $242,000 25.6
$60,001 - $121,000 37.0
$0 - $60,000 27.1

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
76.3916559240595 87.6068376068376

Number Of Homes And Apartments:
1,264

Fort Mc Coy 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
39.26% 1.94% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$983 / per month

Homeownership Rate

Homeownership
Owners 85.52
Renters 14.48
Vacant 39.50

Housing Market Details

 

Age of Homes

AGE OF Fort Mc Coy HOMES
2000 or Newer 18.5
1970 - 1999 62.6
1940 - 1969 16.8
1939 or Older 2.1

Types of Homes

TYPE OF Fort Mc Coy HOMES
Single-Family 41.8
Townhomes 0.1
Small Apt. Buildings 0.2
Apt. Complexes 0.1
Mobile Homes 57.8
Other 0.0

Home Size

SIZE OF Fort Mc Coy HOMES
No Bedroom 0.48
1 Bedroom 7.81
2 Bedrooms 43.85
3 Bedrooms 41.30
4 Bedrooms 5.49
5 or more bedrooms 1.07

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Zip Codes in Fort Mc Coy, FL