Keystone Heights, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Keystone Heights Neighborhoods Since 2000




Keystone Heights, 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

Keystone Heights Housing Market Information

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.

Keystone Heights Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$141,371

Keystone Heights, FL HOME PRICES

Value Range
> $1,135,000 0.0
$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

Low for FL
Average for Nation

Value Relative to Nation Value Relative to State
54.1603187624517 68.3760683760684

Number Of Homes And Apartments:
587

Keystone Heights 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
44.96% 2.18% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,174 / per month

Homeownership Rate

Homeownership
Owners 79.73
Renters 20.27
Vacant 18.92

Housing Market Details

 

Age of Homes

AGE OF Keystone Heights HOMES
2000 or Newer 9.9
1970 - 1999 47.5
1940 - 1969 34.8
1939 or Older 7.7

Types of Homes

TYPE OF Keystone Heights HOMES
Single-Family 92.8
Townhomes 2.1
Small Apt. Buildings 1.1
Apt. Complexes 0.0
Mobile Homes 4.0
Other 0.0

Home Size

SIZE OF Keystone Heights HOMES
No Bedroom 0.00
1 Bedroom 0.41
2 Bedrooms 24.59
3 Bedrooms 59.25
4 Bedrooms 14.09
5 or more bedrooms 1.66

Popular Neighborhoods in Keystone Heights

Zip Codes in Keystone Heights, FL