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 14,886, 5,326 total housing units (homes and apartments), and a median house value of $530,038, Oldsmar real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Oldsmar, accounting for 59.47% of the city's housing units. Other types of housing that are prevalent in Oldsmar include large apartment complexes or high rise apartments ( 16.13%), row houses and other attached homes ( 11.94%), and a few mobile homes or trailers ( 6.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oldsmar. Owner-occupied housing accounts for 71.92% of Oldsmar's homes, and 56.46% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Oldsmar 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 Oldsmar built between 2000 and later ( 20.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.45%). There's also some housing in Oldsmar built before 1939 ( 1.56%).
In the last 10 years, Oldsmar has experienced some of the highest home appreciation rates of any community in the nation. Oldsmar real estate appreciated 181.87% over the last ten years, which is an average annual home appreciation rate of 10.92%, putting Oldsmar in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oldsmar 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, Oldsmar appreciation rates have trailed the rest of the nation. In the last twelve months, Oldsmar's appreciation rate has been 4.79%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Oldsmar were at 0.30%, which equates to an annual appreciation rate of 1.19%.
Notably, Oldsmar's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Oldsmar's latest annual appreciation rate is lower than 50% 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 Oldsmar differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oldsmar - 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 Oldsmar real estate investment or home purchase decisions.
$530,038
for Florida
for nation
5,326
$2,228 / per month