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 28,620 people, 10,054 houses or apartments, and a median cost of homes of $454,490, Parrish real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Parrish, accounting for 87.08% of the town's housing units. Other types of housing that are prevalent in Parrish include mobile homes or trailers ( 9.67%), row houses and other attached homes ( 2.69%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Parrish. Owner-occupied housing accounts for 89.10% of Parrish's homes, and 80.99% have either three or four bedrooms, which is average sized relative to America.
Parrish homes and real estate are some of the newest in America. 76.20% of Parrish's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Parrish real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 20.51%), and between 1940-1969 ( 2.30%).
Vacant housing appears to be an issue in Parrish. Fully 10.24% of the housing stock is classified as vacant. Left unchecked, vacant Parrish homes and apartments can be a drag on the real estate market, holding Parrish 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, Parrish has experienced some of the highest home appreciation rates of any community in the nation. Parrish real estate appreciated 140.65% over the last ten years, which is an average annual home appreciation rate of 9.18%, putting Parrish in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Parrish 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, Parrish appreciation rates have trailed the rest of the nation. In the last twelve months, Parrish's appreciation rate has been -2.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Parrish were at -1.60%, which equates to an annual appreciation rate of -6.26%.
Notably, Parrish's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Parrish's latest annual appreciation rate is lower than 90% 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 Parrish differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Parrish - 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 Parrish real estate investment or home purchase decisions.
$454,490
for Florida
for nation
10,054
$3,406 / per month