Interlachen, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Interlachen Neighborhoods Since 2000




Interlachen, FL Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Interlachen Housing Market Information

With 1,355 people, 538 houses or apartments, and a median cost of homes of $94,081, 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 51.44% of the town's housing units. Other types of housing that are prevalent in Interlachen include mobile homes or trailers ( 42.64%), duplexes, homes converted to apartments or other small apartment buildings ( 3.64%), and a few large apartment complexes or high rise apartments ( 1.97%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Interlachen. Owner-occupied housing accounts for 72.68% of Interlachen's homes, and 56.90% 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 ( 13.20%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.84%). There's also some housing in Interlachen built before 1939 ( 11.08%).

Vacant housing appears to be an issue in Interlachen. Fully 18.36% 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 29.48% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Interlachen home appreciation rates at 1.20%, which equates to an annual appreciation rate of 4.89%.

Over the last year, Interlachen appreciation rates have trailed the rest of the nation. In the last twelve months, Interlachen's appreciation rate has been -1.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Interlachen were at 1.20%, which equates to an annual appreciation rate of 4.89%.

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:
$94,081

Interlachen, FL HOME PRICES

Value Range
> $1,113,000 0.1
$835,001 - $1,113,000 0.4
$556,001 - $835,000 1.8
$445,001 - $556,000 1.0
$334,001 - $445,000 2.4
$223,001 - $334,000 11.7
$111,001 - $223,000 20.4
$56,001 - $111,000 32.7
$0 - $56,000 29.4

Very Low for FL
Very Low for Nation

Value Relative to Nation Value Relative to State
81.319582796203 93.8034188034188

Number Of Homes And Apartments:
538

Interlachen Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
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
Since 2000:
2000 Q1 - 2017 Q1
40.02% 1.97% 1 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$791 / per month

Homeownership Rate

Homeownership
Owners 72.68
Renters 27.32
Vacant 18.36

Housing Market Details

 

Age of Homes

AGE OF Interlachen HOMES
2000 or Newer 11.8
1970 - 1999 63.9
1940 - 1969 13.2
1939 or Older 11.1

Types of Homes

TYPE OF Interlachen HOMES
Single-Family 51.4
Townhomes 0.3
Small Apt. Buildings 3.6
Apt. Complexes 2.0
Mobile Homes 42.6
Other 0.0

Home Size

SIZE OF Interlachen HOMES
No Bedroom 0.46
1 Bedroom 6.22
2 Bedrooms 35.66
3 Bedrooms 50.38
4 Bedrooms 6.53
5 or more bedrooms 0.76

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Zip Codes in Interlachen, FL