Safety Harbor, FL


Highest Appreciating Safety Harbor Neighborhoods Since 2000

Safety Harbor, 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

Safety Harbor Housing Market Information

With 17,454 people, 7,158 houses or apartments, and a median cost of homes of $312,891, Safety Harbor real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Safety Harbor, accounting for 61.45% of the city's housing units. Other types of housing that are prevalent in Safety Harbor include mobile homes or trailers ( 14.14%), duplexes, homes converted to apartments or other small apartment buildings ( 8.50%), and a few large apartment complexes or high rise apartments ( 8.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Safety Harbor. Owner-occupied housing accounts for 80.04% of Safety Harbor's homes, and 54.41% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Safety Harbor 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 Safety Harbor built between 1940-1969 ( 10.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.37%). There's also some housing in Safety Harbor built before 1939 ( 1.51%).

Vacant housing appears to be an issue in Safety Harbor. Fully 12.35% of the housing stock is classified as vacant. Left unchecked, vacant Safety Harbor homes and apartments can be a drag on the real estate market, holding Safety Harbor 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.

Safety Harbor Home Appreciation Rates

Real estate appreciation rates in Safety Harbor's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.74% during the period.

Appreciation rates are so strong in Safety Harbor that despite a nationwide downturn in the housing market, Safety Harbor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Safety Harbor appreciation rates continue to be some of the highest in America, at 6.79%, which is higher than appreciation rates in 79.92% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Safety Harbor. Safety Harbor appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.24%.

Relative to Florida, our data show that Safety Harbor's latest annual appreciation rate is lower than 60% of the other cities and towns in Florida.

Average Home Values


Median Home Value:

Safety Harbor, FL HOME PRICES

Value Range
> $1,322,000 0.8
$991,001 - $1,322,000 1.3
$661,001 - $991,000 2.9
$529,001 - $661,000 5.4
$397,001 - $529,000 13.8
$264,001 - $397,000 25.6
$132,001 - $264,000 27.6
$66,001 - $132,000 14.6
$0 - $66,000 8.0

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
15.1939528887847 26.4957264957265

Number Of Homes And Apartments:

Safety Harbor Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
86.74% 3.69% 7 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,441 / per month

Homeownership Rate

Owners 80.04
Renters 19.96
Vacant 12.35

Housing Market Details


Age of Homes

AGE OF Safety Harbor HOMES
2000 or Newer 7.4
1970 - 1999 80.4
1940 - 1969 10.7
1939 or Older 1.5

Types of Homes

TYPE OF Safety Harbor HOMES
Single-Family 61.5
Townhomes 7.9
Small Apt. Buildings 8.5
Apt. Complexes 8.0
Mobile Homes 14.1
Other 0.0

Home Size

SIZE OF Safety Harbor HOMES
No Bedroom 1.15
1 Bedroom 5.04
2 Bedrooms 37.32
3 Bedrooms 39.49
4 Bedrooms 14.93
5 or more bedrooms 2.07