Haverhill, 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 Q1 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

Haverhill, FL Housing Market Trends

With 2,143 people, 652 houses or apartments, and a median cost of homes of $271,316, Haverhill real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Haverhill, accounting for 87.30% of the town's housing units. Other types of housing that are prevalent in Haverhill include duplexes, homes converted to apartments or other small apartment buildings ( 7.45%), large apartment complexes or high rise apartments ( 2.77%), and a few mobile homes or trailers ( 1.61%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haverhill. Owner-occupied housing accounts for 76.06% of Haverhill's homes, and 74.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Haverhill 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 Haverhill built between 1940-1969 ( 30.51%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.14%). There's also some housing in Haverhill built before 1939 ( 1.02%).

Haverhill Home Appreciation Rates

In the last 10 years, Haverhill has experienced some of the highest home appreciation rates of any community in the nation. Haverhill real estate appreciated 160.14% over the last ten years, which is an average annual home appreciation rate of 10.03%, putting Haverhill in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Haverhill definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Haverhill that despite a nationwide downturn in the housing market, Haverhill real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haverhill appreciation rates continue to be some of the highest in America, at 12.11%, which is higher than appreciation rates in 97.00% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haverhill. Haverhill appreciation rates in the latest quarter were at 2.46%, which equates to an annual appreciation rate of 10.22%.

Relative to Florida, our data show that Haverhill's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$271,316

Haverhill, FL HOME PRICES

> $1,341,000
0.2%
0.2%
$1,006,001 - $1,341,000
0.0%
0.0%
$671,001 - $1,006,000
0.1%
0.1%
$536,001 - $671,000
1.5%
1.5%
$402,001 - $536,000
10.1%
10.1%
$268,001 - $402,000
28.4%
28.4%
$134,001 - $268,000
38.0%
38.0%
$67,001 - $134,000
15.2%
15.2%
$0 - $67,000
6.4%
6.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Average for FL

Value Relative To Nation

Number Of Homes And Apartments:
652

Haverhill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
193.62% 5.20%
10
10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,941 / per month

Homeownership Rate

Owners
76.1%
76.1%
Renters
23.9%
23.9%
Vacant
4.8%
4.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.1%
13.1%
1970 - 1999
55.3%
55.3%
1940 - 1969
30.5%
30.5%
1939 or Older
1.0%
1.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
87.3%
87.3%
Townhomes
0.9%
0.9%
Small Apt. Buildings
7.4%
7.4%
Apt. Complexes
2.8%
2.8%
Mobile Homes
1.6%
1.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.4%
0.4%
1 Bedroom
2.0%
2.0%
2 Bedrooms
19.9%
19.9%
3 Bedrooms
54.7%
54.7%
4 Bedrooms
20.0%
20.0%
5 or more bedrooms
2.9%
2.9%
0.0% 100.0%
% OF HOMES