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 6,947 people, 3,640 houses or apartments, and a median cost of homes of $530,823, Treasure Island house prices are not only among the most expensive in Florida, Treasure Island real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in Treasure Island, accounting for 46.76% of the city's housing units. Other types of housing that are prevalent in Treasure Island include single-family detached homes ( 32.35%), duplexes, homes converted to apartments or other small apartment buildings ( 12.29%), and a few row houses and other attached homes ( 8.06%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Dwellings in Treasure Island tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 70.55% of the homes in Treasure Island have two or fewer bedrooms.
There is a lot of housing in Treasure Island 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 Treasure Island built between 1940-1969 ( 41.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.37%). There's also some housing in Treasure Island built before 1939 ( 3.81%).
Vacant housing appears to be an issue in Treasure Island. Fully 38.89% of the housing stock is classified as vacant. Left unchecked, vacant Treasure Island homes and apartments can be a drag on the real estate market, holding Treasure Island 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, Treasure Island has experienced some of the highest home appreciation rates of any community in the nation. Treasure Island real estate appreciated 74.15% over the last ten years, which is an average annual home appreciation rate of 5.70%, putting Treasure Island in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Treasure Island definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Treasure Island that despite a nationwide downturn in the housing market, Treasure Island real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Treasure Island appreciation rates continue to be some of the highest in America, at 7.41%, which is higher than appreciation rates in 92.43% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Treasure Island. Treasure Island appreciation rates in the latest quarter were at 1.85%, which equates to an annual appreciation rate of 7.62%.
Importantly, this makes Treasure Island 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 Treasure Island's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
|$969,001 - $1,292,000||10.3|
|$646,001 - $969,000||17.4|
|$517,001 - $646,000||10.7|
|$387,001 - $517,000||16.1|
|$259,001 - $387,000||17.5|
|$129,001 - $259,000||18.8|
|$64,001 - $129,000||2.0|
|$0 - $64,000||1.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
2000 Q1 - 2020 Q2
|* 10 is highest|
|AGE OF Treasure Island HOMES|
|2000 or Newer||9.4|
|1970 - 1999||45.1|
|1940 - 1969||41.7|
|1939 or Older||3.8|
|TYPE OF Treasure Island HOMES|
|Small Apt. Buildings||12.3|
|SIZE OF Treasure Island HOMES|
|5 or more bedrooms||0.50|