Indialantic, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Indialantic Neighborhoods Since 2000




Indialantic, FL Real Estate Data


Indialantic Housing Market Information

With 2,837 people, 1,225 houses or apartments, and a median cost of homes of $433,992, Indialantic house prices are not only among the most expensive in Florida, Indialantic real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Indialantic, accounting for 65.08% of the town's housing units. Other types of housing that are prevalent in Indialantic include large apartment complexes or high rise apartments ( 23.12%), duplexes, homes converted to apartments or other small apartment buildings ( 9.69%), and a few row houses and other attached homes ( 2.10%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indialantic. Owner-occupied housing accounts for 76.08% of Indialantic's homes, and 61.29% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Indialantic's housing was primarily built during this period, from the '40s through the '60s. A full 49.90% of the town's housing hails from this era. Other housing ages represented in Indialantic include homes built between 1970-1999 ( 42.78%) and housing constructed between 2000 and later ( 5.36%). There's also some housing in Indialantic built before 1939 ( 1.97%).

Vacant housing appears to be an issue in Indialantic. Fully 16.95% of the housing stock is classified as vacant. Left unchecked, vacant Indialantic homes and apartments can be a drag on the real estate market, holding Indialantic 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.

Indialantic Home Appreciation Rates

Indialantic's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Indialantic during the period has been just -0.78%, which is lower than 70% of US communities.

Appreciation rates are so strong in Indialantic that despite a nationwide downturn in the housing market, Indialantic real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Indialantic appreciation rates continue to be some of the highest in America, at 14.87%, which is higher than appreciation rates in 99.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Indialantic. Indialantic appreciation rates in the latest quarter were at 7.15%, which equates to an annual appreciation rate of 31.84%.

Importantly, this makes Indialantic one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$433,992

Indialantic, FL HOME PRICES

Value Range
> $1,461,000 5.4
$1,096,001 - $1,461,000 1.2
$730,001 - $1,096,000 3.0
$584,001 - $730,000 12.5
$439,001 - $584,000 22.5
$293,001 - $439,000 36.2
$146,001 - $293,000 14.3
$73,001 - $146,000 1.6
$0 - $73,000 3.2

Very High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
8.17473795163085 13.6752136752137

Number Of Homes And Apartments:
1,225

Rent & Ownership

 

Average Market Rent:
$1,641 / per month

Homeownership Rate

Homeownership
Owners 76.08
Renters 23.92
Vacant 16.95

Housing Market Details

 

Age of Homes

AGE OF Indialantic HOMES
2000 or Newer 5.4
1970 - 1999 42.8
1940 - 1969 49.9
1939 or Older 2.0

Types of Homes

TYPE OF Indialantic HOMES
Single-Family 65.1
Townhomes 2.1
Small Apt. Buildings 9.7
Apt. Complexes 23.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Indialantic HOMES
No Bedroom 0.00
1 Bedroom 12.88
2 Bedrooms 24.41
3 Bedrooms 37.08
4 Bedrooms 24.20
5 or more bedrooms 1.42

Indialantic Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
117.24% 4.67% 10 10
* 10 is highest