Indian Harbour Beach, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Indian Harbour Beach, FL Real Estate Data


Indian Harbour Beach Housing Market Information

With 8,471 people, 3,750 houses or apartments, and a median cost of homes of $320,016, real estate costs in Indian Harbour Beach are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Florida communities.

Single-family detached homes are the single most common housing type in Indian Harbour Beach, accounting for 47.00% 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 ( 29.76%), row houses and other attached homes ( 15.31%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.58%).

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 66.88% of Indian Harbour Beach's homes, and 56.92% 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 ( 31.73%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.29%).

Vacant housing appears to be an issue in Indian Harbour Beach. Fully 26.77% 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.

Indian Harbour Beach Home Appreciation Rates

Indian Harbour Beach's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Indian Harbour Beach during the period has been just -1.25%, which is lower than 80% of US communities.

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 15.59%, which is higher than appreciation rates in 99.95% 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 7.15%, which equates to an annual appreciation rate of 31.84%.

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.

Average Home Values

 

Median Home Value:
$320,016

Indian Harbour Beach, FL HOME PRICES

Value Range
> $1,487,000 2.1
$1,115,001 - $1,487,000 3.1
$743,001 - $1,115,000 2.5
$595,001 - $743,000 7.5
$446,001 - $595,000 9.0
$298,001 - $446,000 30.7
$148,001 - $298,000 32.0
$74,001 - $148,000 8.4
$0 - $74,000 4.7

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
14.949932657961 25.8547008547009

Number Of Homes And Apartments:
3,750

Rent & Ownership

 

Average Market Rent:
$1,673 / per month

Homeownership Rate

Homeownership
Owners 66.88
Renters 33.12
Vacant 26.77

Housing Market Details

 

Age of Homes

AGE OF Indian Harbour Beach HOMES
2000 or Newer 10.3
1970 - 1999 57.4
1940 - 1969 31.7
1939 or Older 0.5

Types of Homes

TYPE OF Indian Harbour Beach HOMES
Single-Family 47.0
Townhomes 15.3
Small Apt. Buildings 7.6
Apt. Complexes 29.8
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Indian Harbour Beach HOMES
No Bedroom 1.52
1 Bedroom 7.40
2 Bedrooms 31.09
3 Bedrooms 40.01
4 Bedrooms 16.91
5 or more bedrooms 3.07

Indian Harbour Beach 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
116.22% 4.64% 10 10
* 10 is highest

Popular Neighborhoods in Indian Harbour Beach

Zip Codes in Indian Harbour Beach, FL