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 3,971, 2,045 total housing units (homes and apartments), and a median house value of $285,533, Naples real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Naples, accounting for 78.34% of the town's housing units. Other types of housing that are prevalent in Naples include mobile homes or trailers ( 14.55%), row houses and other attached homes ( 2.66%), and a few large apartment complexes or high rise apartments ( 2.31%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Naples. Owner-occupied housing accounts for 91.18% of Naples's homes, and 58.07% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Naples 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 Naples built between 2000 and later ( 31.88%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.19%). There's also some housing in Naples built before 1939 ( 5.92%).
A decent proportion of the Naples housing stock is seasonally occupied. That is, homes and condos in Naples 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 Naples housing market speaks to its popularity as a vacation location of choice.
Naples's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Naples during the period has been just 5.68%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Naples's appreciation rate, at 8.32%, has been at or slightly above the national average. In the latest quarter, Naples's appreciation rate has been -5.19%, which annualizes to a rate of -19.20%.
Notably, Naples's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Maine, our data show that Naples's latest annual appreciation rate is higher than 70% of the other cities and towns in Maine.
$285,533
for Maine
for nation
2,045
$2,583 / per month