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 about Scout's Real Estate Data
With a population of 635, 213 total housing units (homes and apartments), and a median house value of $220,831, house prices in Fort White are solidly below the national average.
Single-family detached homes are the single most common housing type in Fort White, accounting for 48.33% of the town's housing units. Other types of housing that are prevalent in Fort White include mobile homes or trailers ( 46.10%), duplexes, homes converted to apartments or other small apartment buildings ( 2.97%), and a few large apartment complexes or high rise apartments ( 1.86%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fort White. Owner-occupied housing accounts for 71.83% of Fort White's homes, and 65.80% have either three or four bedrooms, which is average sized relative to America.
Fort White homes and real estate are some of the newest in America. 44.24% of Fort White's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fort White real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 43.12%), and between 1940-1969 ( 9.67%). There's also some housing in Fort White built before 1939 ( 2.97%).
Vacant housing appears to be an issue in Fort White. Fully 20.82% of the housing stock is classified as vacant. Left unchecked, vacant Fort White homes and apartments can be a drag on the real estate market, holding Fort White 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, Fort White has experienced some of the highest home appreciation rates of any community in the nation. Fort White real estate appreciated 126.95% over the last ten years, which is an average annual home appreciation rate of 8.54%, putting Fort White in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Fort White definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Fort White appreciation rates have trailed the rest of the nation. In the last twelve months, Fort White's appreciation rate has been -0.19%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fort White were at -2.36%, which equates to an annual appreciation rate of -9.13%.
Notably, Fort White's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Fort White's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.
$220,831
for Florida
for nation
213
$1,042 / per month