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 about Scout's Real Estate Data
With a population of 114,287, 36,122 total housing units (homes and apartments), and a median house value of $344,006, Lehigh Acres real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Lehigh Acres, accounting for 81.80% of the town's housing units. Other types of housing that are prevalent in Lehigh Acres include row houses and other attached homes ( 11.02%), duplexes, homes converted to apartments or other small apartment buildings ( 3.95%), and a few large apartment complexes or high rise apartments ( 2.92%).
The most prevalent building size and type in Lehigh Acres are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.27% owning and 35.73% renting.
Lehigh Acres homes and real estate are some of the newest in America. 58.02% of Lehigh Acres's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Lehigh Acres real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.74%), and between 1940-1969 ( 8.16%).
In the last 10 years, Lehigh Acres has experienced some of the highest home appreciation rates of any community in the nation. Lehigh Acres real estate appreciated 229.93% over the last ten years, which is an average annual home appreciation rate of 12.68%, putting Lehigh Acres in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lehigh Acres definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Lehigh Acres's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Lehigh Acres's appreciation rate has been 3.82%, which annualizes to a rate of 16.19%.
Relative to Florida, our data show that Lehigh Acres's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Lehigh Acres differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Lehigh Acres - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lehigh Acres real estate investment or home purchase decisions.
$2,782 / per month