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
With 14,617 people, 5,224 houses or apartments, and a median cost of homes of $311,138, Oldsmar real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Oldsmar, accounting for 51.22% of the city's housing units. Other types of housing that are prevalent in Oldsmar include large apartment complexes or high rise apartments ( 20.46%), duplexes, homes converted to apartments or other small apartment buildings ( 11.20%), and a few mobile homes or trailers ( 9.10%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oldsmar. Owner-occupied housing accounts for 65.02% of Oldsmar's homes, and 53.22% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Oldsmar 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 Oldsmar built between 2000 and later ( 19.83%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.98%).
Vacant housing appears to be an issue in Oldsmar. Fully 12.95% of the housing stock is classified as vacant. Left unchecked, vacant Oldsmar homes and apartments can be a drag on the real estate market, holding Oldsmar 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.
In the last 10 years, Oldsmar has experienced some of the highest home appreciation rates of any community in the nation. Oldsmar real estate appreciated 39.51% over the last ten years, which is an average annual home appreciation rate of 3.39%, putting Oldsmar in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oldsmar 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, Oldsmar's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Oldsmar's appreciation rate has been 0.36%, which annualizes to a rate of 1.47%.
Relative to Florida, our data show that Oldsmar'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 Oldsmar differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oldsmar - 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 Oldsmar real estate investment or home purchase decisions.
|$1,035,001 - $1,380,000||0.9|
|$690,001 - $1,035,000||0.8|
|$552,001 - $690,000||4.0|
|$414,001 - $552,000||9.3|
|$276,001 - $414,000||29.2|
|$138,001 - $276,000||36.8|
|$69,001 - $138,000||12.1|
|$0 - $69,000||6.1|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Oldsmar HOMES|
|2000 or Newer||19.8|
|1970 - 1999||72.2|
|1940 - 1969||7.0|
|1939 or Older||1.0|
|TYPE OF Oldsmar HOMES|
|Small Apt. Buildings||11.2|
|SIZE OF Oldsmar HOMES|
|5 or more bedrooms||2.65|