LaBelle, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating LaBelle Neighborhoods Since 2000




LaBelle, 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

LaBelle Housing Market Information

With a population of 4,753, 1,405 total housing units (homes and apartments), and a median house value of $119,137, house prices in LaBelle are solidly below the national average.

Single-family detached homes are the single most common housing type in LaBelle, accounting for 53.75% of the city's housing units. Other types of housing that are prevalent in LaBelle include mobile homes or trailers ( 28.18%), duplexes, homes converted to apartments or other small apartment buildings ( 8.87%), and a few row houses and other attached homes ( 5.28%).

People in LaBelle primarily live in small (one, two or no bedroom) single-family detached homes. LaBelle has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in LaBelle 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 LaBelle built between 1940-1969 ( 15.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.73%).

Vacant housing appears to be an issue in LaBelle. Fully 23.56% of the housing stock is classified as vacant. Left unchecked, vacant LaBelle homes and apartments can be a drag on the real estate market, holding LaBelle 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.

LaBelle Home Appreciation Rates

Homes have actually lost value in LaBelle over the last then years, as home values have seen a decline of 39.60% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows LaBelle home appreciation rates at 1.20%, which equates to an annual appreciation rate of 4.89%.

Appreciation rates are so strong in LaBelle that despite a nationwide downturn in the housing market, LaBelle real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, LaBelle appreciation rates continue to be some of the highest in America, at 7.14%, which is higher than appreciation rates in 82.08% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in LaBelle. LaBelle appreciation rates in the latest quarter were at 1.20%, which equates to an annual appreciation rate of 4.89%.

Relative to Florida, our data show that LaBelle's latest annual appreciation rate is lower than 60% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$119,137

LaBelle, FL HOME PRICES

Value Range
> $1,351,000 3.8
$1,014,001 - $1,351,000 0.0
$676,001 - $1,014,000 5.6
$540,001 - $676,000 4.8
$405,001 - $540,000 1.4
$270,001 - $405,000 9.5
$135,001 - $270,000 14.7
$67,001 - $135,000 28.5
$0 - $67,000 31.9

Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
65.9264033751318 79.9145299145299

Number Of Homes And Apartments:
1,405

LaBelle 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
42.50% 2.07% 2 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$938 / per month

Homeownership Rate

Homeownership
Owners 62.51
Renters 37.49
Vacant 23.56

Housing Market Details

 

Age of Homes

AGE OF LaBelle HOMES
2000 or Newer 12.7
1970 - 1999 71.5
1940 - 1969 15.7
1939 or Older 0.0

Types of Homes

TYPE OF LaBelle HOMES
Single-Family 53.8
Townhomes 5.3
Small Apt. Buildings 8.9
Apt. Complexes 3.1
Mobile Homes 28.2
Other 0.8

Home Size

SIZE OF LaBelle HOMES
No Bedroom 0.00
1 Bedroom 15.18
2 Bedrooms 40.75
3 Bedrooms 28.62
4 Bedrooms 14.58
5 or more bedrooms 0.87

Popular Neighborhoods in LaBelle

Popular Communities Near LaBelle, FL

Zip Codes in LaBelle, FL