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 3,558 people, 1,577 houses or apartments, and a median cost of homes of $892,492, Placida house prices are not only among the most expensive in Florida, Placida real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Placida, accounting for 53.10% of the town's housing units. Other types of housing that are prevalent in Placida include large apartment complexes or high rise apartments ( 23.31%), row houses and other attached homes ( 9.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.13%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Placida. Owner-occupied housing accounts for 87.71% of Placida's homes, and 52.08% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Placida 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 Placida built between 2000 and later ( 33.08%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.50%).
A decent proportion of the Placida housing stock is seasonally occupied. That is, homes and condos in Placida are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Placida housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Placida has experienced some of the highest home appreciation rates of any community in the nation. Placida real estate appreciated 159.26% over the last ten years, which is an average annual home appreciation rate of 10.00%, putting Placida in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Placida 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, Placida appreciation rates have trailed the rest of the nation. In the last twelve months, Placida's appreciation rate has been -1.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Placida were at -2.19%, which equates to an annual appreciation rate of -8.47%.
Notably, Placida's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Placida's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.
$892,492
for Florida
for nation
1,577
$1,999 / per month