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 1,733, 901 total housing units (homes and apartments), and a median house value of $256,543, Havana 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 Havana, accounting for 85.32% of the town's housing units. Other types of housing that are prevalent in Havana include duplexes, homes converted to apartments or other small apartment buildings ( 8.52%), mobile homes or trailers ( 3.59%), and a few row houses and other attached homes ( 1.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Havana. Owner-occupied housing accounts for 71.71% of Havana's homes, and 73.00% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Havana's housing was primarily built during this period, from the '40s through the '60s. A full 40.86% of the town's housing hails from this era. Other housing ages represented in Havana include homes built between 1970-1999 ( 31.62%) and housing constructed between 2000 and later ( 18.38%). There's also some housing in Havana built before 1939 ( 9.14%).
Appreciation rates for homes in Havana have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 88.57%, which ranks in the top 50% nationwide. This equates to an annual average Havana house appreciation rate of 6.55%.
Over the last year, Havana appreciation rates have trailed the rest of the nation. In the last twelve months, Havana's appreciation rate has been 3.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Havana were at 4.44%, which equates to an annual appreciation rate of 18.97%.
Importantly, this makes Havana one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Florida, our data show that Havana's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
$256,543
for Florida
for nation
901
$2,036 / per month