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
With a population of 8,471, 3,653 total housing units (homes and apartments), and a median house value of $235,274, Indian Harbour Beach real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Indian Harbour Beach, accounting for 43.70% of the city's housing units. Other types of housing that are prevalent in Indian Harbour Beach include large apartment complexes or high rise apartments ( 31.34%), row houses and other attached homes ( 16.52%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indian Harbour Beach. Owner-occupied housing accounts for 69.37% of Indian Harbour Beach's homes, and 55.17% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Indian Harbour Beach 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 Indian Harbour Beach built between 1940-1969 ( 31.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.05%).
Vacant housing appears to be an issue in Indian Harbour Beach. Fully 27.27% of the housing stock is classified as vacant. Left unchecked, vacant Indian Harbour Beach homes and apartments can be a drag on the real estate market, holding Indian Harbour Beach 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.
Real estate appreciation rates in Indian Harbour Beach's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.28% during the period.
Appreciation rates are so strong in Indian Harbour Beach that despite a nationwide downturn in the housing market, Indian Harbour Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Indian Harbour Beach appreciation rates continue to be some of the highest in America, at 13.38%, which is higher than appreciation rates in 98.73% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Indian Harbour Beach. Indian Harbour Beach appreciation rates in the latest quarter were at 2.32%, which equates to an annual appreciation rate of 9.60%.
Importantly, this makes Indian Harbour Beach 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 Indian Harbour Beach's latest annual appreciation rate is higher than 90% of the other cities and towns in Florida.
|$1,073,001 - $1,431,000||3.8|
|$715,001 - $1,073,000||3.3|
|$572,001 - $715,000||8.7|
|$429,001 - $572,000||9.5|
|$286,001 - $429,000||24.4|
|$143,001 - $286,000||34.6|
|$72,001 - $143,000||8.8|
|$0 - $72,000||4.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Indian Harbour Beach HOMES|
|2000 or Newer||11.0|
|1970 - 1999||57.1|
|1940 - 1969||31.4|
|1939 or Older||0.4|
|TYPE OF Indian Harbour Beach HOMES|
|Small Apt. Buildings||8.4|
|SIZE OF Indian Harbour Beach HOMES|
|5 or more bedrooms||2.83|