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 10,042 people, 3,489 houses or apartments, and a median cost of homes of $213,349, house prices in Green Cove Springs are solidly below the national average.
Single-family detached homes are the single most common housing type in Green Cove Springs, accounting for 87.78% of the city's housing units. Other types of housing that are prevalent in Green Cove Springs include large apartment complexes or high rise apartments ( 4.92%), duplexes, homes converted to apartments or other small apartment buildings ( 3.80%), and a few mobile homes or trailers ( 1.38%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Green Cove Springs. Owner-occupied housing accounts for 72.93% of Green Cove Springs's homes, and 77.41% have either three or four bedrooms, which is average sized relative to America.
Green Cove Springs homes and real estate are some of the newest in America. 42.81% of Green Cove Springs'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 Green Cove Springs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.03%), and between 1940-1969 ( 20.11%). There's also some housing in Green Cove Springs built before 1939 ( 3.05%).
In the last 10 years, Green Cove Springs has experienced some of the highest home appreciation rates of any community in the nation. Green Cove Springs real estate appreciated 119.61% over the last ten years, which is an average annual home appreciation rate of 8.18%, putting Green Cove Springs in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Green Cove Springs 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, Green Cove Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Green Cove Springs's appreciation rate has been 2.91%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Green Cove Springs were at 2.13%, which equates to an annual appreciation rate of 8.81%.
Relative to Florida, our data show that Green Cove Springs's latest annual appreciation rate is lower than 60% 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 Green Cove Springs differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Green Cove Springs - 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 Green Cove Springs real estate investment or home purchase decisions.
$213,349
for Florida
for nation
3,489
$1,628 / per month