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 3,115 people, 1,149 houses or apartments, and a median cost of homes of $260,859, Sharpes real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Sharpes, accounting for 45.89% of the town's housing units. Other types of housing that are prevalent in Sharpes include mobile homes or trailers ( 44.97%), large apartment complexes or high rise apartments ( 4.24%), and a few row houses and other attached homes ( 2.09%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sharpes. Owner-occupied housing accounts for 68.32% of Sharpes's homes, and 59.46% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Sharpes's housing was primarily built during this period, from the '40s through the '60s. A full 43.08% of the town's housing hails from this era. Other housing ages represented in Sharpes include homes built between 1970-1999 ( 38.90%) and housing constructed between 2000 and later ( 15.14%). There's also some housing in Sharpes built before 1939 ( 2.87%).
Vacant housing appears to be an issue in Sharpes. Fully 25.00% of the housing stock is classified as vacant. Left unchecked, vacant Sharpes homes and apartments can be a drag on the real estate market, holding Sharpes 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, Sharpes has experienced some of the highest home appreciation rates of any community in the nation. Sharpes real estate appreciated 236.36% over the last ten years, which is an average annual home appreciation rate of 12.90%, putting Sharpes in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sharpes definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Sharpes's appreciation rate, at 8.82%, has been at or slightly above the national average. In the latest quarter, Sharpes's appreciation rate has been 3.09%, which annualizes to a rate of 12.94%.
Relative to Florida, our data show that Sharpes's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
$260,859
for Florida
for nation
1,149
$1,194 / per month