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 17,021 people, 6,789 houses or apartments, and a median cost of homes of $625,749, real estate costs in Safety Harbor are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Florida communities.
Single-family detached homes are the single most common housing type in Safety Harbor, accounting for 65.99% of the city's housing units. Other types of housing that are prevalent in Safety Harbor include large apartment complexes or high rise apartments ( 10.36%), mobile homes or trailers ( 9.44%), and a few row houses and other attached homes ( 8.15%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Safety Harbor. Owner-occupied housing accounts for 80.98% of Safety Harbor's homes, and 58.81% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Safety Harbor 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 Safety Harbor built between 2000 and later ( 9.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.00%).
In the last 10 years, Safety Harbor has experienced some of the highest home appreciation rates of any community in the nation. Safety Harbor real estate appreciated 171.60% over the last ten years, which is an average annual home appreciation rate of 10.51%, putting Safety Harbor in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Safety Harbor 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 Safety Harbor that despite a nationwide downturn in the housing market, Safety Harbor real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Safety Harbor appreciation rates continue to be some of the highest in America, at 14.27%, which is higher than appreciation rates in 84.81% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Safety Harbor. Safety Harbor appreciation rates in the latest quarter were at 4.84%, which equates to an annual appreciation rate of 20.81%.
Importantly, this makes Safety Harbor one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Florida, our data show that Safety Harbor's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.
$625,749
for Florida
for nation
6,789
$3,260 / per month