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 6,558, 3,688 total housing units (homes and apartments), and a median house value of $777,688, Treasure Island house prices are not only among the most expensive in Florida, Treasure Island real estate also is some of the most expensive in all of America.
Large apartment complexes or high rise apartments are the single most common housing type in Treasure Island, accounting for 43.96% of the city's housing units. Other types of housing that are prevalent in Treasure Island include single-family detached homes ( 33.97%), duplexes, homes converted to apartments or other small apartment buildings ( 12.80%), and a few row houses and other attached homes ( 8.95%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.
Dwellings in Treasure Island tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 65.28% of the homes in Treasure Island have two or fewer bedrooms.
There is a lot of housing in Treasure Island 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 Treasure Island built between 1940-1969 ( 41.50%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.87%). There's also some housing in Treasure Island built before 1939 ( 4.76%).
A decent proportion of the Treasure Island housing stock is seasonally occupied. That is, homes and condos in Treasure Island are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Treasure Island housing market speaks to its popularity as a vacation location of choice.
In the last 10 years, Treasure Island has experienced some of the highest home appreciation rates of any community in the nation. Treasure Island real estate appreciated 140.19% over the last ten years, which is an average annual home appreciation rate of 9.16%, putting Treasure Island in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Treasure Island 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, Treasure Island appreciation rates have trailed the rest of the nation. In the last twelve months, Treasure Island's appreciation rate has been 1.57%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Treasure Island were at 0.30%, which equates to an annual appreciation rate of 1.19%.
Notably, Treasure Island's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Treasure Island's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.
$777,688
for Florida
for nation
3,688
$2,708 / per month