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
With 5,975 people, 1,826 houses or apartments, and a median cost of homes of $108,280, 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 63.87% of the city's housing units. Other types of housing that are prevalent in Fort Meade include mobile homes or trailers ( 26.36%), duplexes, homes converted to apartments or other small apartment buildings ( 6.10%), and a few large apartment complexes or high rise apartments ( 2.06%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fort Meade. Owner-occupied housing accounts for 74.66% of Fort Meade's homes, and 52.20% have either three or four bedrooms, which is average sized relative to America.
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 ( 29.96%). A lesser amount of the housing stock also hails from before 1939 ( 10.38%). There's also some housing in Fort Meade built between 2000 and later ( 9.81%).
Vacant housing appears to be an issue in Fort Meade. Fully 26.28% 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.
Homes have actually lost value in Fort Meade over the last then years, as home values have seen a decline of 21.31% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Fort Meade home appreciation rates at 3.57%, which equates to an annual appreciation rate of 15.08%.
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 12.32%, which is higher than appreciation rates in 97.83% 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 3.57%, which equates to an annual appreciation rate of 15.08%.
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.
|$989,001 - $1,319,000||0.0|
|$660,001 - $989,000||0.1|
|$527,001 - $660,000||0.1|
|$396,001 - $527,000||1.7|
|$264,001 - $396,000||10.8|
|$132,001 - $264,000||23.6|
|$66,001 - $132,000||27.6|
|$0 - $66,000||35.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Fort Meade HOMES|
|2000 or Newer||9.8|
|1970 - 1999||49.9|
|1940 - 1969||30.0|
|1939 or Older||10.4|
|TYPE OF Fort Meade HOMES|
|Small Apt. Buildings||6.1|
|SIZE OF Fort Meade HOMES|
|5 or more bedrooms||0.69|