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 1,433 people, 587 houses or apartments, and a median cost of homes of $141,371, Keystone Heights real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Keystone Heights, accounting for 92.82% of the city's housing units. Other types of housing that are prevalent in Keystone Heights include mobile homes or trailers ( 4.01%), row houses and other attached homes ( 2.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.10%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Keystone Heights. Owner-occupied housing accounts for 79.73% of Keystone Heights's homes, and 73.34% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Keystone Heights 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 Keystone Heights built between 1940-1969 ( 34.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.94%). There's also some housing in Keystone Heights built before 1939 ( 7.73%).
Vacant housing appears to be an issue in Keystone Heights. Fully 18.92% of the housing stock is classified as vacant. Left unchecked, vacant Keystone Heights homes and apartments can be a drag on the real estate market, holding Keystone Heights 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.
Homes have actually lost value in Keystone Heights over the last then years, as home values have seen a decline of 19.43% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Keystone Heights home appreciation rates at 1.71%, which equates to an annual appreciation rate of 7.03%.
Appreciation rates are so strong in Keystone Heights that despite a nationwide downturn in the housing market, Keystone Heights real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Keystone Heights appreciation rates continue to be some of the highest in America, at 8.88%, which is higher than appreciation rates in 90.37% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Keystone Heights. Keystone Heights appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.03%.
Importantly, this makes Keystone Heights 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 Keystone Heights's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida.
|$851,001 - $1,135,000||0.0|
|$567,001 - $851,000||0.0|
|$454,001 - $567,000||3.6|
|$340,001 - $454,000||3.9|
|$227,001 - $340,000||21.3|
|$113,001 - $227,000||31.8|
|$56,001 - $113,000||22.1|
|$0 - $56,000||17.3|
|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 Keystone Heights HOMES|
|2000 or Newer||9.9|
|1970 - 1999||47.5|
|1940 - 1969||34.8|
|1939 or Older||7.7|
|TYPE OF Keystone Heights HOMES|
|Small Apt. Buildings||1.1|
|SIZE OF Keystone Heights HOMES|
|5 or more bedrooms||1.66|