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 33,629, 9,319 total housing units (homes and apartments), and a median house value of $341,499, Haines City real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Haines City, accounting for 68.33% of the city's housing units. Other types of housing that are prevalent in Haines City include mobile homes or trailers ( 17.42%), duplexes, homes converted to apartments or other small apartment buildings ( 9.35%), and a few large apartment complexes or high rise apartments ( 3.73%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Haines City. Owner-occupied housing accounts for 67.67% of Haines City's homes, and 64.39% have either three or four bedrooms, which is average sized relative to America.
Haines City homes and real estate are some of the newest in America. 50.81% of Haines City'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 Haines City real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.88%), and between 1940-1969 ( 10.53%). There's also some housing in Haines City built before 1939 ( 5.78%).
Vacant housing appears to be an issue in Haines City. Fully 21.03% of the housing stock is classified as vacant. Left unchecked, vacant Haines City homes and apartments can be a drag on the real estate market, holding Haines City 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, Haines City has experienced some of the highest home appreciation rates of any community in the nation. Haines City real estate appreciated 192.10% over the last ten years, which is an average annual home appreciation rate of 11.31%, putting Haines City in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Haines City definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Haines City that despite a nationwide downturn in the housing market, Haines City real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Haines City appreciation rates continue to be some of the highest in America, at 9.46%, which is higher than appreciation rates in 84.02% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Haines City. Haines City appreciation rates in the latest quarter were at -0.13%, which equates to an annual appreciation rate of -0.53%.
Notably, Haines City's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Haines City's latest annual appreciation rate is higher than 70% 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 Haines City differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Haines City - 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 Haines City real estate investment or home purchase decisions.
$341,499
for Florida
for nation
9,319
$1,985 / per month