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 9,025 people, 3,521 houses or apartments, and a median cost of homes of $341,757, Orange Park real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Orange Park, accounting for 69.32% of the town's housing units. Other types of housing that are prevalent in Orange Park include large apartment complexes or high rise apartments ( 17.34%), duplexes, homes converted to apartments or other small apartment buildings ( 7.71%), and a few row houses and other attached homes ( 5.63%).
The most prevalent building size and type in Orange Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 56.32% owning and 43.68% renting.
There is a lot of housing in Orange Park 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 Orange Park built between 1940-1969 ( 31.59%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.36%). There's also some housing in Orange Park built before 1939 ( 2.21%).
In the last 10 years, Orange Park has experienced some of the highest home appreciation rates of any community in the nation. Orange Park real estate appreciated 149.33% over the last ten years, which is an average annual home appreciation rate of 9.57%, putting Orange Park in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Orange Park 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, Orange Park appreciation rates have trailed the rest of the nation. In the last twelve months, Orange Park's appreciation rate has been 2.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Orange Park were at 2.13%, which equates to an annual appreciation rate of 8.82%.
Relative to Florida, our data show that Orange Park's latest annual appreciation rate is lower than 60% 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 town. Individual neighborhoods within Orange Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Orange Park - 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 Orange Park real estate investment or home purchase decisions.
$341,757
for Florida
for nation
3,521
$1,907 / per month