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 12,699, 5,098 total housing units (homes and apartments), and a median house value of $333,360, Mango real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Mango, accounting for 42.16% of the town's housing units. Other types of housing that are prevalent in Mango include mobile homes or trailers ( 24.19%), large apartment complexes or high rise apartments ( 16.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 9.87%).
The most prevalent building size and type in Mango are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 51.04% owning and 48.96% renting.
There is a lot of housing in Mango 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 Mango built between 2000 and later ( 28.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.00%). There's also some housing in Mango built before 1939 ( 1.83%).
In the last 10 years, Mango has experienced some of the highest home appreciation rates of any community in the nation. Mango real estate appreciated 218.85% over the last ten years, which is an average annual home appreciation rate of 12.29%, putting Mango in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Mango definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Mango that despite a nationwide downturn in the housing market, Mango real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Mango appreciation rates continue to be some of the highest in America, at 13.22%, which is higher than appreciation rates in 80.40% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Mango. Mango appreciation rates in the latest quarter were at 4.20%, which equates to an annual appreciation rate of 17.87%.
Relative to Florida, our data show that Mango's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
$333,360
for Florida
for nation
5,098
$2,189 / per month