Live Oak, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Live Oak Neighborhoods Since 2000




Live Oak, 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

Live Oak Housing Market Information

With a population of 6,931, 2,501 total housing units (homes and apartments), and a median house value of $111,032, house prices in Live Oak are solidly below the national average.

Single-family detached homes are the single most common housing type in Live Oak, accounting for 59.21% of the city's housing units. Other types of housing that are prevalent in Live Oak include mobile homes or trailers ( 22.15%), large apartment complexes or high rise apartments ( 14.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.56%).

The most prevalent building size and type in Live Oak are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.69% owning and 61.31% renting.

There is a lot of housing in Live Oak 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 Live Oak built between 1940-1969 ( 27.92%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.12%). There's also some housing in Live Oak built before 1939 ( 10.81%).

Vacant housing appears to be an issue in Live Oak. Fully 18.05% of the housing stock is classified as vacant. Left unchecked, vacant Live Oak homes and apartments can be a drag on the real estate market, holding Live Oak 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.

Live Oak Home Appreciation Rates

Live Oak's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Live Oak during the period has been just -1.43%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Live Oak's appreciation rate, at 4.65%, has been at or slightly above the national average. In the latest quarter, Live Oak's appreciation rate has been 1.20%, which annualizes to a rate of 4.89%.

Relative to Florida, our data show that Live Oak's latest annual appreciation rate is lower than 70% 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 city. Individual neighborhoods within Live Oak differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Live Oak - 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 Live Oak real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$111,032

Live Oak, FL HOME PRICES

Value Range
> $1,205,000 0.5
$904,001 - $1,205,000 0.0
$602,001 - $904,000 1.0
$482,001 - $602,000 0.2
$361,001 - $482,000 4.5
$241,001 - $361,000 10.8
$120,001 - $241,000 34.8
$60,001 - $120,000 32.9
$0 - $60,000 15.2

Very Low for FL
Low for Nation

Value Relative to Nation Value Relative to State
70.7488573772413 83.1196581196581

Number Of Homes And Apartments:
2,501

Live Oak 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
74.36% 3.28% 5 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$837 / per month

Homeownership Rate

Homeownership
Owners 38.69
Renters 61.31
Vacant 18.05

Housing Market Details

 

Age of Homes

AGE OF Live Oak HOMES
2000 or Newer 18.1
1970 - 1999 43.2
1940 - 1969 27.9
1939 or Older 10.8

Types of Homes

TYPE OF Live Oak HOMES
Single-Family 59.2
Townhomes 1.8
Small Apt. Buildings 2.6
Apt. Complexes 14.3
Mobile Homes 22.1
Other 0.0

Home Size

SIZE OF Live Oak HOMES
No Bedroom 0.00
1 Bedroom 7.31
2 Bedrooms 40.92
3 Bedrooms 42.63
4 Bedrooms 8.62
5 or more bedrooms 0.52

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Zip Codes in Live Oak, FL