Wimauma, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Wimauma Neighborhoods Since 2000




Wimauma, 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

Wimauma Housing Market Information

With 6,839 people, 1,791 houses or apartments, and a median cost of homes of $207,586, Wimauma real estate prices are well above average cost compared to national prices.

Mobile homes or trailers are the single most common housing type in Wimauma, accounting for 43.17% of the town's housing units. Other types of housing that are prevalent in Wimauma include single-family detached homes ( 40.03%), duplexes, homes converted to apartments or other small apartment buildings ( 8.01%), and a few large apartment complexes or high rise apartments ( 7.07%).

The most prevalent building size and type in Wimauma are three and four bedroom dwellings, chiefly found in mobile homes or trailers. The town has a mixture of owners and renters, with 54.16% owning and 45.84% renting.

There is a lot of housing in Wimauma 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 Wimauma built between 2000 and later ( 25.44%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.46%). There's also some housing in Wimauma built before 1939 ( 1.08%).

Vacant housing appears to be an issue in Wimauma. Fully 12.03% of the housing stock is classified as vacant. Left unchecked, vacant Wimauma homes and apartments can be a drag on the real estate market, holding Wimauma 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.

Wimauma Home Appreciation Rates

Homes have actually lost value in Wimauma over the last then years, as home values have seen a decline of 19.14% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Wimauma home appreciation rates at 1.28%, which equates to an annual appreciation rate of 5.24%.

Appreciation rates are so strong in Wimauma that despite a nationwide downturn in the housing market, Wimauma real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Wimauma appreciation rates continue to be some of the highest in America, at 17.56%, which is higher than appreciation rates in 99.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Wimauma. Wimauma appreciation rates in the latest quarter were at 1.28%, which equates to an annual appreciation rate of 5.24%.

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

Average Home Values

 

Median Home Value:
$207,586

Wimauma, FL HOME PRICES

Value Range
> $1,358,000 0.0
$1,019,001 - $1,358,000 0.0
$679,001 - $1,019,000 1.2
$543,001 - $679,000 3.7
$407,001 - $543,000 5.8
$271,001 - $407,000 19.4
$136,001 - $271,000 32.7
$68,001 - $136,000 22.9
$0 - $68,000 14.3

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
30.3703269658971 42.9487179487179

Number Of Homes And Apartments:
1,791

Wimauma 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
89.58% 3.78% 7 10
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$968 / per month

Homeownership Rate

Homeownership
Owners 54.16
Renters 45.84
Vacant 12.03

Housing Market Details

 

Age of Homes

AGE OF Wimauma HOMES
2000 or Newer 25.4
1970 - 1999 63.0
1940 - 1969 10.5
1939 or Older 1.1

Types of Homes

TYPE OF Wimauma HOMES
Single-Family 40.0
Townhomes 1.3
Small Apt. Buildings 8.0
Apt. Complexes 7.1
Mobile Homes 43.2
Other 0.4

Home Size

SIZE OF Wimauma HOMES
No Bedroom 0.00
1 Bedroom 4.22
2 Bedrooms 29.42
3 Bedrooms 47.54
4 Bedrooms 18.57
5 or more bedrooms 0.25