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 30,952, 15,526 total housing units (homes and apartments), and a median house value of $353,041, Sun City Center real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sun City Center, accounting for 54.86% of the town's housing units. Other types of housing that are prevalent in Sun City Center include row houses and other attached homes ( 29.92%), large apartment complexes or high rise apartments ( 9.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.20%).
Dwellings in Sun City Center tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 65.92% of the homes in Sun City Center have two or fewer bedrooms.
There is a lot of housing in Sun City Center 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 Sun City Center built between 2000 and later ( 41.05%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.83%).
Vacant housing appears to be an issue in Sun City Center. Fully 12.02% of the housing stock is classified as vacant. Left unchecked, vacant Sun City Center homes and apartments can be a drag on the real estate market, holding Sun City Center 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, Sun City Center has experienced some of the highest home appreciation rates of any community in the nation. Sun City Center real estate appreciated 181.56% over the last ten years, which is an average annual home appreciation rate of 10.91%, putting Sun City Center in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sun City Center definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Sun City Center's appreciation rate, at 6.07%, has been at or slightly above the national average. In the latest quarter, Sun City Center's appreciation rate has been 0.30%, which annualizes to a rate of 1.19%.
Notably, Sun City Center's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Sun City Center's latest annual appreciation rate is higher 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 town. Individual neighborhoods within Sun City Center differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sun City Center - 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 Sun City Center real estate investment or home purchase decisions.
$353,041
for Florida
for nation
15,526
$3,484 / per month