With 20,667 people, 11,790 houses or apartments, and a median cost of homes of $179,997, Sun City Center real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sun City Center, accounting for 41.72% of the town's housing units. Other types of housing that are prevalent in Sun City Center include row houses and other attached homes ( 37.43%), large apartment complexes or high rise apartments ( 10.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.16%).
Dwellings in Sun City Center tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 77.19% of the homes in Sun City Center have two or fewer bedrooms.
There is a lot of housing in Sun City Center 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 Sun City Center built between 2000 and later ( 22.17%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.65%).
Vacant housing appears to be an issue in Sun City Center. Fully 17.10% of the housing stock is classified as vacant. Left unchecked, vacant Sun City Center homes and apartments can be a drag on the real estate market, holding Sun City Center 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.
Homes have actually lost value in Sun City Center over the last then years, as home values have seen a decline of 21.51% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Sun City Center home appreciation rates at 3.75%, which equates to an annual appreciation rate of 15.85%.
Appreciation rates are so strong in Sun City Center that despite a nationwide downturn in the housing market, Sun City Center real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sun City Center appreciation rates continue to be some of the highest in America, at 11.06%, which is higher than appreciation rates in 98.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sun City Center. Sun City Center appreciation rates in the latest quarter were at 3.75%, which equates to an annual appreciation rate of 15.85%.
Importantly, this makes Sun City Center 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 Sun City Center's latest annual appreciation rate is higher than 70% 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 Sun City Center differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sun City Center - 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 Sun City Center real estate investment or home purchase decisions.
|$990,001 - $1,320,000||0.1|
|$660,001 - $990,000||0.2|
|$528,001 - $660,000||1.3|
|$396,001 - $528,000||4.9|
|$264,001 - $396,000||10.4|
|$132,001 - $264,000||50.4|
|$66,001 - $132,000||22.9|
|$0 - $66,000||9.6|
|Value Relative to Nation||Value Relative to State|
|AGE OF Sun City Center HOMES|
|2000 or Newer||22.2|
|1970 - 1999||67.8|
|1940 - 1969||9.6|
|1939 or Older||0.4|
|TYPE OF Sun City Center HOMES|
|Small Apt. Buildings||8.2|
|SIZE OF Sun City Center HOMES|
|5 or more bedrooms||0.90|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
2000 Q1 - 2016 Q3
|* 10 is highest|