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 18,579, 5,636 total housing units (homes and apartments), and a median house value of $347,246, Auburndale real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Auburndale, accounting for 73.53% of the city's housing units. Other types of housing that are prevalent in Auburndale include duplexes, homes converted to apartments or other small apartment buildings ( 13.64%), mobile homes or trailers ( 7.72%), and a few row houses and other attached homes ( 2.62%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Auburndale. Owner-occupied housing accounts for 66.36% of Auburndale's homes, and 60.33% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Auburndale 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 Auburndale built between 2000 and later ( 29.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.94%). There's also some housing in Auburndale built before 1939 ( 3.29%).
Vacant housing appears to be an issue in Auburndale. Fully 13.65% of the housing stock is classified as vacant. Left unchecked, vacant Auburndale homes and apartments can be a drag on the real estate market, holding Auburndale 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, Auburndale has experienced some of the highest home appreciation rates of any community in the nation. Auburndale real estate appreciated 180.41% over the last ten years, which is an average annual home appreciation rate of 10.86%, putting Auburndale in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Auburndale 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, Auburndale's appreciation rate, at 6.03%, has been at or slightly above the national average. In the latest quarter, Auburndale's appreciation rate has been -0.13%, which annualizes to a rate of -0.53%.
Notably, Auburndale's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Auburndale's latest annual appreciation rate is higher than 50% 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 Auburndale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Auburndale - 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 Auburndale real estate investment or home purchase decisions.
$347,246
for Florida
for nation
5,636
$1,873 / per month