Wildwood, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wildwood Neighborhoods Since 2000




Wildwood, 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

Wildwood Housing Market Information

With a population of 6,590, 2,608 total housing units (homes and apartments), and a median house value of $282,590, Wildwood real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Wildwood, accounting for 57.37% of the city's housing units. Other types of housing that are prevalent in Wildwood include mobile homes or trailers ( 23.18%), large apartment complexes or high rise apartments ( 10.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.72%).

Dwellings in Wildwood tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.20% of the homes in Wildwood have two or fewer bedrooms.

Wildwood homes and real estate are some of the newest in America. 50.93% of Wildwood's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Wildwood real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.04%), and between 1940-1969 ( 7.70%). There's also some housing in Wildwood built before 1939 ( 2.33%).

Vacant housing appears to be an issue in Wildwood. Fully 25.08% of the housing stock is classified as vacant. Left unchecked, vacant Wildwood homes and apartments can be a drag on the real estate market, holding Wildwood 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.

Wildwood Home Appreciation Rates

Appreciation rates for homes in Wildwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 13.76%, which ranks in the top 30% nationwide. This equates to an annual average Wildwood house appreciation rate of 1.30%.

Over the last year, Wildwood appreciation rates have trailed the rest of the nation. In the last twelve months, Wildwood's appreciation rate has been 2.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wildwood were at 0.00%, which equates to an annual appreciation rate of 0.00%.

Relative to Florida, our data show that Wildwood'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 Wildwood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Wildwood - 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 Wildwood real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$282,590

Wildwood, FL HOME PRICES

Value Range
> $1,110,000 1.1
$832,001 - $1,110,000 0.6
$555,001 - $832,000 4.5
$444,001 - $555,000 5.3
$333,001 - $444,000 12.9
$222,001 - $333,000 28.8
$111,001 - $222,000 15.6
$55,001 - $111,000 17.2
$0 - $55,000 14.0

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
18.167701863354 28.525641025641

Number Of Homes And Apartments:
2,608

Wildwood 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
100.63% 4.12% 8 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,113 / per month

Homeownership Rate

Homeownership
Owners 69.99
Renters 30.01
Vacant 25.08

Housing Market Details

 

Age of Homes

AGE OF Wildwood HOMES
2000 or Newer 50.9
1970 - 1999 39.0
1940 - 1969 7.7
1939 or Older 2.3

Types of Homes

TYPE OF Wildwood HOMES
Single-Family 57.4
Townhomes 2.3
Small Apt. Buildings 6.7
Apt. Complexes 10.5
Mobile Homes 23.2
Other 0.0

Home Size

SIZE OF Wildwood HOMES
No Bedroom 2.41
1 Bedroom 5.40
2 Bedrooms 44.38
3 Bedrooms 41.05
4 Bedrooms 5.86
5 or more bedrooms 0.89