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 6,699, 1,940 total housing units (homes and apartments), and a median house value of $99,177, house prices in Indiantown are some of the most affordable in Florida as well as the nation.
Single-family detached homes are the single most common housing type in Indiantown, accounting for 50.05% of the village's housing units. Other types of housing that are prevalent in Indiantown include mobile homes or trailers ( 31.93%), duplexes, homes converted to apartments or other small apartment buildings ( 13.82%), and a few large apartment complexes or high rise apartments ( 2.85%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Indiantown. Owner-occupied housing accounts for 78.50% of Indiantown's homes, and 55.15% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Indiantown 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 Indiantown built between 2000 and later ( 10.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.62%). There's also some housing in Indiantown built before 1939 ( 1.63%).
Vacant housing appears to be an issue in Indiantown. Fully 12.38% of the housing stock is classified as vacant. Left unchecked, vacant Indiantown homes and apartments can be a drag on the real estate market, holding Indiantown 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, Indiantown has experienced some of the highest home appreciation rates of any community in the nation. Indiantown real estate appreciated 149.34% over the last ten years, which is an average annual home appreciation rate of 9.57%, putting Indiantown in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Indiantown 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, Indiantown appreciation rates have trailed the rest of the nation. In the last twelve months, Indiantown's appreciation rate has been -1.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Indiantown were at -0.10%, which equates to an annual appreciation rate of -0.40%.
Notably, Indiantown's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Indiantown's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.
$99,177
for Florida
for nation
1,940
$1,363 / per month