Interlachen, 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 Q2 2021. 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

Interlachen, FL Housing Market Trends

With 1,471 people, 575 houses or apartments, and a median cost of homes of $99,025, house prices in Interlachen are some of the most affordable in Florida as well as the nation.

Single-family detached homes are the single most common housing type in Interlachen, accounting for 50.41% of the town's housing units. Other types of housing that are prevalent in Interlachen include mobile homes or trailers ( 40.22%), large apartment complexes or high rise apartments ( 5.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.17%).

The most prevalent building size and type in Interlachen are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.70% owning and 35.30% renting.

There is a lot of housing in Interlachen 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 Interlachen built between 1940-1969 ( 19.97%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.70%). There's also some housing in Interlachen built before 1939 ( 9.92%).

Vacant housing appears to be an issue in Interlachen. Fully 20.80% of the housing stock is classified as vacant. Left unchecked, vacant Interlachen homes and apartments can be a drag on the real estate market, holding Interlachen 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.

Interlachen Home Appreciation Rates

Appreciation rates for homes in Interlachen have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 43.06%, which ranks in the top 50% nationwide. This equates to an annual average Interlachen house appreciation rate of 3.65%.

NeighborhoodScout's data show that during the latest twelve months, Interlachen's appreciation rate, at 10.02%, has been at or slightly above the national average. In the latest quarter, Interlachen's appreciation rate has been 3.27%, which annualizes to a rate of 13.75%.

Relative to Florida, our data show that Interlachen's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$99,025

Interlachen, FL HOME PRICES

> $1,236,000
0.0%
0.0%
$927,001 - $1,236,000
0.0%
0.0%
$618,001 - $927,000
1.7%
1.7%
$494,001 - $618,000
0.4%
0.4%
$371,001 - $494,000
3.6%
3.6%
$247,001 - $371,000
10.6%
10.6%
$124,001 - $247,000
22.4%
22.4%
$62,001 - $124,000
34.5%
34.5%
$0 - $62,000
26.7%
26.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Very Low for FL

Value Relative To Nation

Number Of Homes And Apartments:
575

Interlachen Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
88.36% 2.99%
1
6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,075 / per month

Homeownership Rate

Owners
64.7%
64.7%
Renters
35.3%
35.3%
Vacant
20.8%
20.8%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
15.7%
15.7%
1970 - 1999
54.4%
54.4%
1940 - 1969
20.0%
20.0%
1939 or Older
9.9%
9.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
50.4%
50.4%
Townhomes
0.4%
0.4%
Small Apt. Buildings
3.2%
3.2%
Apt. Complexes
5.2%
5.2%
Mobile Homes
40.2%
40.2%
Other
0.6%
0.6%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.6%
0.6%
1 Bedroom
7.6%
7.6%
2 Bedrooms
36.2%
36.2%
3 Bedrooms
38.2%
38.2%
4 Bedrooms
15.8%
15.8%
5 or more bedrooms
1.7%
1.7%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Interlachen

Popular Communities Near Interlachen, FL

Zip Codes in Interlachen, FL