The Villages, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating The Villages Neighborhoods Since 2000




The Villages, 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

The Villages Housing Market Information

With 62,250 people, 36,306 houses or apartments, and a median cost of homes of $282,590, The Villages real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in The Villages, accounting for 97.39% of the town's housing units. Other types of housing that are prevalent in The Villages include large apartment complexes or high rise apartments ( 1.25%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in The Villages. Owner-occupied housing accounts for 96.20% of The Villages's homes, and 59.90% have either three or four bedrooms, which is average sized relative to America.

The Villages homes and real estate are some of the newest in America. 83.54% of The Villages's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the The Villages real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 15.68%), and between 1940-1969 ( 0.63%).

Vacant housing appears to be an issue in The Villages. Fully 17.68% of the housing stock is classified as vacant. Left unchecked, vacant The Villages homes and apartments can be a drag on the real estate market, holding The Villages 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.

The Villages Home Appreciation Rates

Real estate appreciation rates in The Villages's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.41% during the period.

Over the last year, The Villages appreciation rates have trailed the rest of the nation. In the last twelve months, The Villages's appreciation rate has been 1.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in The Villages were at -0.09%, which equates to an annual appreciation rate of -0.36%.

Relative to Florida, our data show that The Villages's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$282,590

The Villages, FL HOME PRICES

Value Range
> $1,110,000 0.7
$832,001 - $1,110,000 1.1
$555,001 - $832,000 3.9
$444,001 - $555,000 4.6
$333,001 - $444,000 12.5
$222,001 - $333,000 39.0
$111,001 - $222,000 31.7
$55,001 - $111,000 2.2
$0 - $55,000 4.4

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
18.167701863354 28.525641025641

Number Of Homes And Apartments:
36,306

The Villages 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
54.55% 2.56% 3 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,877 / per month

Homeownership Rate

Homeownership
Owners 96.20
Renters 3.80
Vacant 17.68

Housing Market Details

 

Age of Homes

AGE OF The Villages HOMES
2000 or Newer 83.5
1970 - 1999 15.7
1940 - 1969 0.6
1939 or Older 0.1

Types of Homes

TYPE OF The Villages HOMES
Single-Family 97.4
Townhomes 0.3
Small Apt. Buildings 0.1
Apt. Complexes 1.3
Mobile Homes 0.9
Other 0.0

Home Size

SIZE OF The Villages HOMES
No Bedroom 0.17
1 Bedroom 1.11
2 Bedrooms 38.61
3 Bedrooms 58.91
4 Bedrooms 0.99
5 or more bedrooms 0.22