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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Old Town, FL Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Old Town, FL Housing Market Trends

With a population of 9,456, 3,876 total housing units (homes and apartments), and a median house value of $158,951, house prices in Old Town are some of the most affordable in Florida as well as the nation.

Mobile homes or trailers are the single most common housing type in Old Town, accounting for 58.37% of the town's housing units. Other types of housing that are prevalent in Old Town include single-family detached homes ( 37.21%), large apartment complexes or high rise apartments ( 1.01%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Old Town. Owner-occupied housing accounts for 85.12% of Old Town's homes, and 58.56% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Old Town 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 Old Town built between 2000 and later ( 22.94%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.29%). There's also some housing in Old Town built before 1939 ( 3.06%).

Vacant housing appears to be an issue in Old Town. Fully 32.40% of the housing stock is classified as vacant. Left unchecked, vacant Old Town homes and apartments can be a drag on the real estate market, holding Old Town 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.

Old Town Home Appreciation Rates

In the last 10 years, Old Town has experienced some of the highest home appreciation rates of any community in the nation. Old Town real estate appreciated 129.77% over the last ten years, which is an average annual home appreciation rate of 8.67%, putting Old Town in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Old Town definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Old Town that despite a nationwide downturn in the housing market, Old Town real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Old Town appreciation rates continue to be some of the highest in America, at 7.37%, which is higher than appreciation rates in 78.58% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Old Town. Old Town appreciation rates in the latest quarter were at 1.15%, which equates to an annual appreciation rate of 4.68%.

Relative to Florida, our data show that Old Town's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.

Average Home Values

Median Home Value

$158,951

Old Town, FL Home Prices
> $1,459,000
$1,094,001 - $1,459,000
$729,001 - $1,094,000
$583,001 - $729,000
$438,001 - $583,000
$292,001 - $438,000
$146,001 - $292,000
$73,001 - $146,000
$0 - $73,000
0.0%
0.0%
0.0%
0.0%
1.2%
1.2%
2.7%
2.7%
1.8%
1.8%
8.4%
8.4%
28.3%
28.3%
31.9%
31.9%
25.7%
25.7%
0% 100.0%
% of Homes
Very Low

for Florida

Very Low

for nation

Number of Homes And Apartments:

3,876

Old Town Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,074 / per month

Homeownership Rate

Owners
Renters
85.1%
85.1%
14.9%
14.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
32.4%
32.4%
67.6%
67.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
22.9%
22.9%
62.7%
62.7%
11.3%
11.3%
3.1%
3.1%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
37.2%
37.2%
0.2%
0.2%
0.0%
0.0%
1.0%
1.0%
58.4%
58.4%
3.3%
3.3%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.4%
3.4%
10.1%
10.1%
25.9%
25.9%
52.3%
52.3%
6.3%
6.3%
2.0%
2.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Old Town

Popular Communities Near Old Town, FL

Zip Codes in Old Town, FL