St. Augustine Beach, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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St. Augustine Beach, 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

St. Augustine Beach Housing Market Information

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.

St. Augustine Beach Home Appreciation Rates

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.

Average Home Values

 

Median Home Value:
$459,659

St. Augustine Beach, FL HOME PRICES

Value Range
> $1,379,000 1.0
$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

Very High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
7.10769951951248 12.1794871794872

Number Of Homes And Apartments:
2,926

St. Augustine Beach Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
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
112.92% 4.48% 9 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,373 / per month

Homeownership Rate

Homeownership
Owners 67.48
Renters 32.52
Vacant 36.95

Housing Market Details

 

Age of Homes

AGE OF St. Augustine Beach HOMES
2000 or Newer 24.6
1970 - 1999 69.3
1940 - 1969 5.8
1939 or Older 0.3

Types of Homes

TYPE OF St. Augustine Beach HOMES
Single-Family 44.9
Townhomes 9.5
Small Apt. Buildings 13.9
Apt. Complexes 28.9
Mobile Homes 2.8
Other 0.0

Home Size

SIZE OF St. Augustine Beach HOMES
No Bedroom 3.19
1 Bedroom 6.16
2 Bedrooms 41.07
3 Bedrooms 36.91
4 Bedrooms 10.08
5 or more bedrooms 2.59

Popular Neighborhoods in St. Augustine Beach

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Zip Codes in St. Augustine Beach, FL