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 6,849 people, 2,926 houses or apartments, and a median cost of homes of $459,659, St. Augustine Beach house prices are not only among the most expensive in Florida, St. Augustine 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 St. Augustine Beach, accounting for 44.88% of the city's housing units. Other types of housing that are prevalent in St. Augustine Beach include large apartment complexes or high rise apartments ( 28.89%), duplexes, homes converted to apartments or other small apartment buildings ( 13.90%), and a few row houses and other attached homes ( 9.55%).
Dwellings in St. Augustine Beach tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.42% of the homes in St. Augustine Beach have two or fewer bedrooms.
There is a lot of housing in St. Augustine 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 St. Augustine Beach built between 2000 and later ( 24.61%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.82%).
Vacant housing appears to be an issue in St. Augustine Beach. Fully 36.95% of the housing stock is classified as vacant. Left unchecked, vacant St. Augustine Beach homes and apartments can be a drag on the real estate market, holding St. Augustine 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 St. Augustine Beach's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.00% during the period.
Appreciation rates are so strong in St. Augustine Beach that despite a nationwide downturn in the housing market, St. Augustine Beach real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, St. Augustine Beach appreciation rates continue to be some of the highest in America, at 11.90%, which is higher than appreciation rates in 97.32% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in St. Augustine Beach. St. Augustine Beach appreciation rates in the latest quarter were at 1.71%, which equates to an annual appreciation rate of 7.03%.
Importantly, this makes St. Augustine Beach one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that St. Augustine Beach's latest annual appreciation rate is higher than 80% of the other cities and towns in Florida.
|$1,034,001 - $1,379,000||2.8|
|$689,001 - $1,034,000||17.3|
|$551,001 - $689,000||10.2|
|$413,001 - $551,000||25.9|
|$276,001 - $413,000||25.9|
|$138,001 - $276,000||12.2|
|$69,001 - $138,000||2.8|
|$0 - $69,000||1.8|
|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 St. Augustine Beach HOMES|
|2000 or Newer||24.6|
|1970 - 1999||69.3|
|1940 - 1969||5.8|
|1939 or Older||0.3|
|TYPE OF St. Augustine Beach HOMES|
|Small Apt. Buildings||13.9|
|SIZE OF St. Augustine Beach HOMES|
|5 or more bedrooms||2.59|