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 3,658 people, 1,840 houses or apartments, and a median cost of homes of $1,293,257, Indian Rocks Beach house prices are not only among the most expensive in Florida, Indian Rocks Beach real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in Indian Rocks Beach, accounting for 38.17% of the city's housing units. Other types of housing that are prevalent in Indian Rocks Beach include single-family detached homes ( 28.71%), duplexes, homes converted to apartments or other small apartment buildings ( 24.02%), and a few row houses and other attached homes ( 8.26%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Dwellings in Indian Rocks Beach tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 66.31% of the homes in Indian Rocks Beach have two or fewer bedrooms.
There is a lot of housing in Indian Rocks Beach 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 Indian Rocks Beach built between 1940-1969 ( 25.44%). A lesser amount of the housing stock also hails from between 2000 and later ( 15.74%). There's also some housing in Indian Rocks Beach built before 1939 ( 2.10%).
A decent proportion of the Indian Rocks Beach housing stock is seasonally occupied. That is, homes and condos in Indian Rocks Beach are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Indian Rocks Beach housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Indian Rocks Beach has experienced some of the highest home appreciation rates of any community in the nation. Indian Rocks Beach real estate appreciated 198.84% over the last ten years, which is an average annual home appreciation rate of 11.57%, putting Indian Rocks Beach in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Indian Rocks Beach 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, Indian Rocks Beach appreciation rates have trailed the rest of the nation. In the last twelve months, Indian Rocks Beach's appreciation rate has been -1.32%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Indian Rocks Beach were at 0.30%, which equates to an annual appreciation rate of 1.19%.
Notably, Indian Rocks Beach's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Indian Rocks Beach's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.
$1,293,257
for Florida
for nation
1,840
$2,575 / per month