Haines City, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Haines City Neighborhoods Since 2000




Haines City, 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

Haines City Housing Market Information

With a population of 22,807, 6,867 total housing units (homes and apartments), and a median house value of $137,335, house prices in Haines City are solidly below the national average.

Single-family detached homes are the single most common housing type in Haines City, accounting for 64.75% of the city's housing units. Other types of housing that are prevalent in Haines City include mobile homes or trailers ( 16.29%), duplexes, homes converted to apartments or other small apartment buildings ( 10.75%), and a few large apartment complexes or high rise apartments ( 6.81%).

The most prevalent building size and type in Haines City are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.10% owning and 40.90% renting.

There is a lot of housing in Haines City 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 Haines City built between 2000 and later ( 38.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.44%). There's also some housing in Haines City built before 1939 ( 3.92%).

Vacant housing appears to be an issue in Haines City. Fully 26.74% of the housing stock is classified as vacant. Left unchecked, vacant Haines City homes and apartments can be a drag on the real estate market, holding Haines City 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.

Haines City Home Appreciation Rates

Homes have actually lost value in Haines City over the last then years, as home values have seen a decline of 23.64% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Haines City home appreciation rates at 3.57%, which equates to an annual appreciation rate of 15.08%.

Appreciation rates are so strong in Haines City that despite a nationwide downturn in the housing market, Haines City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haines City appreciation rates continue to be some of the highest in America, at 12.34%, which is higher than appreciation rates in 97.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haines City. Haines City appreciation rates in the latest quarter were at 3.57%, which equates to an annual appreciation rate of 15.08%.

Importantly, this makes Haines City 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 Haines City's latest annual appreciation rate is higher than 80% 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 city. Individual neighborhoods within Haines City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Haines City - 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 Haines City real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$137,335

Haines City, FL HOME PRICES

Value Range
> $1,363,000 0.8
$1,022,001 - $1,363,000 0.0
$681,001 - $1,022,000 0.7
$545,001 - $681,000 0.2
$409,001 - $545,000 0.6
$272,001 - $409,000 7.5
$137,001 - $272,000 37.4
$68,001 - $137,000 33.0
$0 - $68,000 19.8

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
56.0822688386265 70.2991452991453

Number Of Homes And Apartments:
6,867

Haines City 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
59.05% 2.73% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$972 / per month

Homeownership Rate

Homeownership
Owners 59.10
Renters 40.90
Vacant 26.74

Housing Market Details

 

Age of Homes

AGE OF Haines City HOMES
2000 or Newer 39.0
1970 - 1999 41.7
1940 - 1969 15.4
1939 or Older 3.9

Types of Homes

TYPE OF Haines City HOMES
Single-Family 64.7
Townhomes 1.2
Small Apt. Buildings 10.8
Apt. Complexes 6.8
Mobile Homes 16.3
Other 0.2

Home Size

SIZE OF Haines City HOMES
No Bedroom 0.61
1 Bedroom 6.66
2 Bedrooms 34.02
3 Bedrooms 37.20
4 Bedrooms 18.97
5 or more bedrooms 2.54