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 28,886, 8,592 total housing units (homes and apartments), and a median house value of $702,987, Ponte Vedra house prices are not only among the most expensive in Florida, Ponte Vedra real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Ponte Vedra, accounting for 88.30% of the town's housing units. Other types of housing that are prevalent in Ponte Vedra include row houses and other attached homes ( 6.02%), large apartment complexes or high rise apartments ( 5.68%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ponte Vedra. Owner-occupied housing accounts for 87.47% of Ponte Vedra's homes, and 68.31% have either three or four bedrooms, which is average sized relative to America.
Ponte Vedra homes and real estate are some of the newest in America. 87.27% of Ponte Vedra'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 Ponte Vedra real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 12.23%), and before 1939 ( 0.34%).
In the last 10 years, Ponte Vedra has experienced some of the highest home appreciation rates of any community in the nation. Ponte Vedra real estate appreciated 141.41% over the last ten years, which is an average annual home appreciation rate of 9.21%, putting Ponte Vedra in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Ponte Vedra 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, Ponte Vedra appreciation rates have trailed the rest of the nation. In the last twelve months, Ponte Vedra's appreciation rate has been 3.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ponte Vedra were at 2.13%, which equates to an annual appreciation rate of 8.82%.
Relative to Florida, our data show that Ponte Vedra's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
$702,987
for Florida
for nation
8,592
$5,968 / per month