Hawthorne, 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 Q4 2020. 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

Hawthorne, FL Housing Market Trends

With 1,522 people, 560 houses or apartments, and a median cost of homes of $171,700, Hawthorne real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Hawthorne, accounting for 89.81% of the city's housing units. Other types of housing that are prevalent in Hawthorne include large apartment complexes or high rise apartments ( 5.41%), duplexes, homes converted to apartments or other small apartment buildings ( 4.46%).

The most prevalent building size and type in Hawthorne are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.93% owning and 36.07% renting.

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 ( 30.10%). A lesser amount of the housing stock also hails from before 1939 ( 17.68%). There's also some housing in Hawthorne built between 2000 and later ( 13.38%).

Vacant housing appears to be an issue in Hawthorne. Fully 10.83% 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.

Hawthorne Home Appreciation Rates

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 31.68%, which ranks in the top 50% nationwide. This equates to an annual average Hawthorne house appreciation rate of 2.79%.

Appreciation rates are so strong in Hawthorne that despite a nationwide downturn in the housing market, Hawthorne real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hawthorne appreciation rates continue to be some of the highest in America, at 7.31%, which is higher than appreciation rates in 90.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hawthorne. Hawthorne appreciation rates in the latest quarter were at 0.88%, which equates to an annual appreciation rate of 3.57%.

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 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$171,700

Hawthorne, FL HOME PRICES

> $1,314,000
0.0%
0.0%
$986,001 - $1,314,000
0.0%
0.0%
$657,001 - $986,000
1.0%
1.0%
$526,001 - $657,000
1.3%
1.3%
$394,001 - $526,000
5.0%
5.0%
$263,001 - $394,000
20.0%
20.0%
$131,001 - $263,000
34.1%
34.1%
$66,001 - $131,000
26.4%
26.4%
$0 - $66,000
12.2%
12.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Low for FL

Value Relative To Nation

Number Of Homes And Apartments:
560

Hawthorne Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
121.99% 3.87%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$934 / per month

Homeownership Rate

Owners
63.9%
63.9%
Renters
36.1%
36.1%
Vacant
10.8%
10.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
13.4%
13.4%
1970 - 1999
38.9%
38.9%
1940 - 1969
30.1%
30.1%
1939 or Older
17.7%
17.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.8%
89.8%
Townhomes
0.0%
0.0%
Small Apt. Buildings
4.5%
4.5%
Apt. Complexes
5.4%
5.4%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
12.3%
12.3%
2 Bedrooms
21.2%
21.2%
3 Bedrooms
57.3%
57.3%
4 Bedrooms
5.9%
5.9%
5 or more bedrooms
3.3%
3.3%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Hawthorne

Zip Codes in Hawthorne, FL