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 1,672 people, 611 houses or apartments, and a median cost of homes of $264,283, Callahan 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 Callahan, accounting for 59.10% of the town's housing units. Other types of housing that are prevalent in Callahan include duplexes, homes converted to apartments or other small apartment buildings ( 16.05%), mobile homes or trailers ( 13.12%), and a few large apartment complexes or high rise apartments ( 11.11%).
The most prevalent building size and type in Callahan are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 62.36% owning and 37.64% renting.
There is a lot of housing in Callahan 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 Callahan built between 2000 and later ( 43.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.49%).
In the last 10 years, Callahan has experienced some of the highest home appreciation rates of any community in the nation. Callahan real estate appreciated 141.93% over the last ten years, which is an average annual home appreciation rate of 9.24%, putting Callahan in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Callahan 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, Callahan appreciation rates have trailed the rest of the nation. In the last twelve months, Callahan's appreciation rate has been 2.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Callahan were at 2.13%, which equates to an annual appreciation rate of 8.82%.
Relative to Florida, our data show that Callahan's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.
$264,283
for Florida
for nation
611
$1,350 / per month