Fort Meade, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Fort Meade Neighborhoods Since 2000




Fort Meade, FL Real Estate Data


Fort Meade Housing Market Information

With a population of 5,975, 1,840 total housing units (homes and apartments), and a median house value of $114,797, house prices in Fort Meade are solidly below the national average.

Single-family detached homes are the single most common housing type in Fort Meade, accounting for 65.10% of the city's housing units. Other types of housing that are prevalent in Fort Meade include mobile homes or trailers ( 24.52%), duplexes, homes converted to apartments or other small apartment buildings ( 6.61%), and a few large apartment complexes or high rise apartments ( 3.53%).

Dwellings in Fort Meade tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.10% of the homes in Fort Meade have two or fewer bedrooms.

There is a lot of housing in Fort Meade 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 Meade built between 1940-1969 ( 25.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.69%). There's also some housing in Fort Meade built before 1939 ( 11.80%).

Vacant housing appears to be an issue in Fort Meade. Fully 25.42% of the housing stock is classified as vacant. Left unchecked, vacant Fort Meade homes and apartments can be a drag on the real estate market, holding Fort Meade 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 Meade Home Appreciation Rates

Fort Meade's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fort Meade during the period has been just -1.92%, which is lower than 80% of US communities.

Appreciation rates are so strong in Fort Meade that despite a nationwide downturn in the housing market, Fort Meade real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fort Meade appreciation rates continue to be some of the highest in America, at 12.10%, which is higher than appreciation rates in 99.54% 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 Meade. Fort Meade appreciation rates in the latest quarter were at 3.83%, which equates to an annual appreciation rate of 16.22%.

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

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

Average Home Values

 

Median Home Value:
$114,797

Fort Meade, FL HOME PRICES

Value Range
> $1,370,000 0.4
$1,027,001 - $1,370,000 0.0
$685,001 - $1,027,000 0.0
$548,001 - $685,000 0.1
$411,001 - $548,000 2.4
$274,001 - $411,000 8.4
$137,001 - $274,000 27.9
$68,001 - $137,000 31.0
$0 - $68,000 29.8

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
69.385723487732 88.034188034188

Number Of Homes And Apartments:
1,840

Rent & Ownership

 

Average Market Rent:
$1,044 / per month

Homeownership Rate

Homeownership
Owners 68.78
Renters 31.22
Vacant 25.42

Housing Market Details

 

Age of Homes

AGE OF Fort Meade HOMES
2000 or Newer 12.7
1970 - 1999 50.4
1940 - 1969 25.1
1939 or Older 11.8

Types of Homes

TYPE OF Fort Meade HOMES
Single-Family 65.1
Townhomes 0.2
Small Apt. Buildings 6.6
Apt. Complexes 3.5
Mobile Homes 24.5
Other 0.0

Home Size

SIZE OF Fort Meade HOMES
No Bedroom 3.61
1 Bedroom 5.92
2 Bedrooms 40.58
3 Bedrooms 36.97
4 Bedrooms 12.36
5 or more bedrooms 0.57

Fort Meade Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
65.59% 3.01% 5 8
* 10 is highest