West Park, FL


Highest Appreciating West Park Neighborhoods Since 2000

West Park, 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

West Park Housing Market Information

With a population of 15,097, 4,156 total housing units (homes and apartments), and a median house value of $187,116, West Park real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in West Park, accounting for 84.60% of the city's housing units. Other types of housing that are prevalent in West Park include duplexes, homes converted to apartments or other small apartment buildings ( 7.82%), large apartment complexes or high rise apartments ( 3.91%), and a few row houses and other attached homes ( 2.80%).

The most prevalent building size and type in West Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.97% owning and 38.03% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. West Park's housing was primarily built during this period, from the '40s through the '60s. A full 70.60% of the city's housing hails from this era. Other housing ages represented in West Park include homes built between 1970-1999 ( 22.38%) and housing constructed between 2000 and later ( 6.62%).

West Park Home Appreciation Rates

Homes have actually lost value in West Park over the last then years, as home values have seen a decline of 23.94% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows West Park home appreciation rates at 1.80%, which equates to an annual appreciation rate of 7.39%.

Appreciation rates are so strong in West Park that despite a nationwide downturn in the housing market, West Park real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, West Park appreciation rates continue to be some of the highest in America, at 9.83%, which is higher than appreciation rates in 93.39% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in West Park. West Park appreciation rates in the latest quarter were at 1.80%, which equates to an annual appreciation rate of 7.39%.

Importantly, this makes West Park 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 West Park's latest annual appreciation rate is higher than 60% of the other cities and towns in Florida.

Average Home Values


Median Home Value:


Value Range
> $1,478,000 0.3
$1,108,001 - $1,478,000 0.0
$739,001 - $1,108,000 0.0
$591,001 - $739,000 0.0
$443,001 - $591,000 1.3
$296,001 - $443,000 10.3
$148,001 - $296,000 48.4
$74,001 - $148,000 34.5
$0 - $74,000 5.1

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
35.6674088831595 51.0683760683761

Number Of Homes And Apartments:

West Park Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
98.49% 4.05% 8 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,467 / per month

Homeownership Rate

Owners 61.97
Renters 38.03
Vacant 9.24

Housing Market Details


Age of Homes

2000 or Newer 6.6
1970 - 1999 22.4
1940 - 1969 70.6
1939 or Older 0.4

Types of Homes

Single-Family 84.6
Townhomes 2.8
Small Apt. Buildings 7.8
Apt. Complexes 3.9
Mobile Homes 0.9
Other 0.0

Home Size

No Bedroom 0.57
1 Bedroom 3.43
2 Bedrooms 26.03
3 Bedrooms 57.81
4 Bedrooms 10.85
5 or more bedrooms 1.31