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 32,662 people, 1,996 houses or apartments, and a median cost of homes of $609,906, Ponte Vedra Beach house prices are not only among the most expensive in Florida, Ponte Vedra Beach real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Ponte Vedra Beach, accounting for 68.36% of the town's housing units. Other types of housing that are prevalent in Ponte Vedra Beach include large apartment complexes or high rise apartments ( 17.34%), row houses and other attached homes ( 8.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.87%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ponte Vedra Beach. Owner-occupied housing accounts for 81.24% of Ponte Vedra Beach's homes, and 59.78% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Ponte Vedra Beach 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 Ponte Vedra Beach built between 2000 and later ( 11.82%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.93%).
Vacant housing appears to be an issue in Ponte Vedra Beach. Fully 12.57% of the housing stock is classified as vacant. Left unchecked, vacant Ponte Vedra Beach homes and apartments can be a drag on the real estate market, holding Ponte Vedra Beach 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.
Real estate appreciation rates in Ponte Vedra Beach's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.16% during the period.
Appreciation rates are so strong in Ponte Vedra Beach that despite a nationwide downturn in the housing market, Ponte Vedra Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Ponte Vedra Beach appreciation rates continue to be some of the highest in America, at 12.31%, which is higher than appreciation rates in 97.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Ponte Vedra Beach. Ponte Vedra Beach appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.03%.
Importantly, this makes Ponte Vedra Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Florida, our data show that Ponte Vedra Beach's latest annual appreciation rate is higher than 80% 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 Ponte Vedra Beach differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Ponte Vedra Beach - 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 Ponte Vedra Beach real estate investment or home purchase decisions.
|$1,002,001 - $1,336,000||10.2|
|$668,001 - $1,002,000||18.1|
|$535,001 - $668,000||10.7|
|$401,001 - $535,000||12.6|
|$267,001 - $401,000||13.1|
|$134,001 - $267,000||16.1|
|$67,001 - $134,000||5.3|
|$0 - $67,000||1.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Ponte Vedra Beach HOMES|
|2000 or Newer||11.8|
|1970 - 1999||82.0|
|1940 - 1969||5.9|
|1939 or Older||0.3|
|TYPE OF Ponte Vedra Beach HOMES|
|Small Apt. Buildings||3.9|
|SIZE OF Ponte Vedra Beach HOMES|
|5 or more bedrooms||11.86|