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 6,555 people, 1,939 houses or apartments, and a median cost of homes of $349,169, High Springs real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in High Springs, accounting for 78.27% of the city's housing units. Other types of housing that are prevalent in High Springs include mobile homes or trailers ( 17.63%), row houses and other attached homes ( 2.07%), and a few large apartment complexes or high rise apartments ( 1.35%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in High Springs. Owner-occupied housing accounts for 78.47% of High Springs's homes, and 79.71% have either three or four bedrooms, which is average sized relative to America.
High Springs homes and real estate are some of the newest in America. 48.06% of High Springs'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 High Springs real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.72%), and between 1940-1969 ( 17.76%). There's also some housing in High Springs built before 1939 ( 5.46%).
Vacant housing appears to be an issue in High Springs. Fully 12.58% of the housing stock is classified as vacant. Left unchecked, vacant High Springs homes and apartments can be a drag on the real estate market, holding High Springs 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.
Appreciation rates for homes in High Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.12%, which ranks in the top 30% nationwide. This equates to an annual average High Springs house appreciation rate of 7.91%.
NeighborhoodScout's data show that during the latest twelve months, High Springs's appreciation rate, at 6.69%, has been at or slightly above the national average. In the latest quarter, High Springs's appreciation rate has been 5.35%, which annualizes to a rate of 23.17%.
Importantly, this makes High Springs one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that High Springs's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida.
$349,169
for Florida
for nation
1,939
$1,770 / per month