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 4,943, 1,804 total housing units (homes and apartments), and a median house value of $99,122, house prices in Wauchula are some of the most affordable in Florida as well as the nation.
Single-family detached homes are the single most common housing type in Wauchula, accounting for 59.53% of the city's housing units. Other types of housing that are prevalent in Wauchula include large apartment complexes or high rise apartments ( 26.90%), duplexes, homes converted to apartments or other small apartment buildings ( 9.92%), and a few mobile homes or trailers ( 2.72%).
People in Wauchula primarily live in small (one, two or no bedroom) single-family detached homes. Wauchula has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Wauchula 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 Wauchula built between 2000 and later ( 18.58%). A lesser amount of the housing stock also hails from before 1939 ( 16.00%). There's also some housing in Wauchula built between 1940-1969 ( 11.38%).
Vacant housing appears to be an issue in Wauchula. Fully 12.26% of the housing stock is classified as vacant. Left unchecked, vacant Wauchula homes and apartments can be a drag on the real estate market, holding Wauchula 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, Wauchula has experienced some of the highest home appreciation rates of any community in the nation. Wauchula real estate appreciated 127.97% over the last ten years, which is an average annual home appreciation rate of 8.59%, putting Wauchula in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Wauchula 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, Wauchula appreciation rates have trailed the rest of the nation. In the last twelve months, Wauchula's appreciation rate has been -5.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wauchula were at -2.36%, which equates to an annual appreciation rate of -9.13%.
Notably, Wauchula's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Wauchula's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.
$99,122
for Florida
for nation
1,804
$1,440 / per month