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 9,513 people, 4,249 houses or apartments, and a median cost of homes of $125,996, house prices in Brooksville 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 Brooksville, accounting for 37.42% of the city's housing units. Other types of housing that are prevalent in Brooksville include mobile homes or trailers ( 28.69%), large apartment complexes or high rise apartments ( 21.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.14%).
People in Brooksville primarily live in small (one, two or no bedroom) single-family detached homes. Brooksville has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Brooksville 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 Brooksville built between 1940-1969 ( 21.41%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.97%). There's also some housing in Brooksville built before 1939 ( 4.62%).
Vacant housing appears to be an issue in Brooksville. Fully 14.64% of the housing stock is classified as vacant. Left unchecked, vacant Brooksville homes and apartments can be a drag on the real estate market, holding Brooksville 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, Brooksville has experienced some of the highest home appreciation rates of any community in the nation. Brooksville real estate appreciated 160.39% over the last ten years, which is an average annual home appreciation rate of 10.04%, putting Brooksville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brooksville 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 Brooksville that despite a nationwide downturn in the housing market, Brooksville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brooksville appreciation rates continue to be some of the highest in America, at 11.85%, which is higher than appreciation rates in 93.29% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brooksville. Brooksville appreciation rates in the latest quarter were at 0.30%, which equates to an annual appreciation rate of 1.19%.
Notably, Brooksville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Brooksville's latest annual appreciation rate is higher than 80% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Brooksville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Brooksville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Brooksville real estate investment or home purchase decisions.
$125,996
for Florida
for nation
4,249
$2,030 / per month