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 a population of 14,576, 5,689 total housing units (homes and apartments), and a median house value of $364,756, real estate costs in St. Augustine are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Florida communities.
Single-family detached homes are the single most common housing type in St. Augustine, accounting for 61.89% of the city's housing units. Other types of housing that are prevalent in St. Augustine include large apartment complexes or high rise apartments ( 20.20%), duplexes, homes converted to apartments or other small apartment buildings ( 10.51%), and a few row houses and other attached homes ( 6.93%).
People in St. Augustine primarily live in small (one, two or no bedroom) single-family detached homes. St. Augustine has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in St. Augustine 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 built before 1939 ( 26.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.93%). There's also some housing in St. Augustine built between 2000 and later ( 22.00%).
Vacant housing appears to be an issue in St. Augustine. Fully 22.87% of the housing stock is classified as vacant. Left unchecked, vacant St. Augustine homes and apartments can be a drag on the real estate market, holding St. Augustine 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, St. Augustine has experienced some of the highest home appreciation rates of any community in the nation. St. Augustine real estate appreciated 57.98% over the last ten years, which is an average annual home appreciation rate of 4.68%, putting St. Augustine in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, St. Augustine 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, St. Augustine's appreciation rate, at 4.43%, has been at or slightly above the national average. In the latest quarter, St. Augustine's appreciation rate has been -0.65%, which annualizes to a rate of -2.58%.
Notably, St. Augustine's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that St. Augustine's latest annual appreciation rate is lower 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 city. Individual neighborhoods within St. Augustine differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in St. Augustine - 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 St. Augustine real estate investment or home purchase decisions.
|$907,001 - $1,210,000||4.5|
|$605,001 - $907,000||7.0|
|$484,001 - $605,000||11.0|
|$363,001 - $484,000||12.1|
|$242,001 - $363,000||32.7|
|$121,001 - $242,000||20.9|
|$61,001 - $121,000||6.0|
|$0 - $61,000||3.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
2000 Q1 - 2019 Q4
|* 10 is highest|
|AGE OF St. Augustine HOMES|
|2000 or Newer||22.0|
|1970 - 1999||26.6|
|1940 - 1969||24.9|
|1939 or Older||26.5|
|TYPE OF St. Augustine HOMES|
|Small Apt. Buildings||10.5|
|SIZE OF St. Augustine HOMES|
|5 or more bedrooms||1.27|