Interlachen, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Interlachen, FL Real Estate Data


Interlachen Housing Market Information

With a population of 1,355, 557 total housing units (homes and apartments), and a median house value of $103,120, house prices in Interlachen are solidly below the national average.

Mobile homes or trailers are the single most common housing type in Interlachen, accounting for 46.51% of the town's housing units. Other types of housing that are prevalent in Interlachen include single-family detached homes ( 44.43%), large apartment complexes or high rise apartments ( 5.94%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.53%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Interlachen. Owner-occupied housing accounts for 73.43% of Interlachen's homes, and 57.65% have either three or four bedrooms, which is average sized relative to America.

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 ( 17.68%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.01%). There's also some housing in Interlachen built before 1939 ( 10.25%).

Vacant housing appears to be an issue in Interlachen. Fully 17.24% 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

Homes have actually lost value in Interlachen over the last then years, as home values have seen a decline of 25.88% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Interlachen home appreciation rates at -1.79%, which equates to an annual appreciation rate of -6.99%.

NeighborhoodScout's data show that during the latest twelve months, Interlachen's appreciation rate, at 4.74%, has been at or slightly above the national average. In the latest quarter, Interlachen's appreciation rate has been -1.79%, which annualizes to a rate of -6.99%.

Notably, Interlachen's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

 

Median Home Value:
$103,120

Interlachen, FL HOME PRICES

Value Range
> $1,113,000 0.1
$835,001 - $1,113,000 0.4
$556,001 - $835,000 0.9
$445,001 - $556,000 1.3
$333,001 - $445,000 2.5
$223,001 - $333,000 12.9
$111,001 - $223,000 20.6
$56,001 - $111,000 29.7
$0 - $56,000 31.5

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
76.9016806230603 91.8803418803419

Number Of Homes And Apartments:
557

Rent & Ownership

 

Average Market Rent:
$762 / per month

Homeownership Rate

Homeownership
Owners 73.43
Renters 26.57
Vacant 17.24

Housing Market Details

 

Age of Homes

AGE OF Interlachen HOMES
2000 or Newer 15.0
1970 - 1999 57.1
1940 - 1969 17.7
1939 or Older 10.3

Types of Homes

TYPE OF Interlachen HOMES
Single-Family 44.4
Townhomes 0.6
Small Apt. Buildings 2.5
Apt. Complexes 5.9
Mobile Homes 46.5
Other 0.0

Home Size

SIZE OF Interlachen HOMES
No Bedroom 0.59
1 Bedroom 10.85
2 Bedrooms 30.46
3 Bedrooms 46.51
4 Bedrooms 11.14
5 or more bedrooms 0.45

Interlachen 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
39.84% 1.99% 2 5
* 10 is highest

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Zip Codes in Interlachen, FL