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 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.
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.
|$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|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Wildwood HOMES|
|2000 or Newer||50.9|
|1970 - 1999||39.0|
|1940 - 1969||7.7|
|1939 or Older||2.3|
|TYPE OF Wildwood HOMES|
|Small Apt. Buildings||6.7|
|SIZE OF Wildwood HOMES|
|5 or more bedrooms||0.89|