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 about Scout's Real Estate Data
With a population of 1,503, 552 total housing units (homes and apartments), and a median house value of $177,100, house prices in Hawthorne are solidly below the national average.
Single-family detached homes are the single most common housing type in Hawthorne, accounting for 83.23% of the city's housing units. Other types of housing that are prevalent in Hawthorne include duplexes, homes converted to apartments or other small apartment buildings ( 11.96%), large apartment complexes or high rise apartments ( 4.35%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hawthorne. Owner-occupied housing accounts for 67.93% of Hawthorne's homes, and 73.60% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Hawthorne 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 Hawthorne built between 1940-1969 ( 29.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.19%). There's also some housing in Hawthorne built before 1939 ( 6.83%).
Vacant housing appears to be an issue in Hawthorne. Fully 14.29% of the housing stock is classified as vacant. Left unchecked, vacant Hawthorne homes and apartments can be a drag on the real estate market, holding Hawthorne 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.
Appreciation rates for homes in Hawthorne have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 91.73%, which ranks in the top 50% nationwide. This equates to an annual average Hawthorne house appreciation rate of 6.73%.
NeighborhoodScout's data show that during the latest twelve months, Hawthorne's appreciation rate, at 2.74%, has been at or slightly above the national average. In the latest quarter, Hawthorne's appreciation rate has been -0.45%, which annualizes to a rate of -1.77%.
Notably, Hawthorne's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Hawthorne's latest annual appreciation rate is higher than 60% of the other cities and towns in Florida.
$177,100
for Florida
for nation
552
$1,440 / per month