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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Naples, FL Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Naples, FL Housing Market Trends

With 19,618 people, 9,583 houses or apartments, and a median cost of homes of $1,692,693, Naples house prices are not only among the most expensive in Florida, Naples real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Naples, accounting for 58.66% of the city's housing units. Other types of housing that are prevalent in Naples include single-family detached homes ( 31.82%), duplexes, homes converted to apartments or other small apartment buildings ( 6.04%), and a few row houses and other attached homes ( 2.65%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

Dwellings in Naples tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 52.11% of the homes in Naples have two or fewer bedrooms.

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 ( 20.36%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.34%).

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 Home Appreciation Rates

In the last 10 years, Naples has experienced some of the highest home appreciation rates of any community in the nation. Naples real estate appreciated 195.16% over the last ten years, which is an average annual home appreciation rate of 11.43%, putting Naples in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Naples definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Naples appreciation rates have trailed the rest of the nation. In the last twelve months, Naples's appreciation rate has been 4.50%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Naples were at -3.78%, which equates to an annual appreciation rate of -14.27%.

Notably, Naples's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Florida, our data show that Naples's latest annual appreciation rate is lower than 60% 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 Naples differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Naples - 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 Naples real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$1,692,693

Naples, FL Home Prices
> $1,495,000
$1,121,001 - $1,495,000
$748,001 - $1,121,000
$598,001 - $748,000
$448,001 - $598,000
$299,001 - $448,000
$149,001 - $299,000
$75,001 - $149,000
$0 - $75,000
54.8%
54.8%
9.8%
9.8%
13.5%
13.5%
7.5%
7.5%
6.1%
6.1%
4.8%
4.8%
2.0%
2.0%
0.5%
0.5%
1.0%
1.0%
0% 100.0%
% of Homes
Very High

for Florida

Very High

for nation

Number of Homes And Apartments:

9,583

Naples Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,301 / per month

Homeownership Rate

Owners
Renters
80.7%
80.7%
19.3%
19.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
48.2%
48.2%
51.8%
51.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
20.4%
20.4%
58.9%
58.9%
20.3%
20.3%
0.4%
0.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
31.8%
31.8%
2.6%
2.6%
6.0%
6.0%
58.7%
58.7%
0.8%
0.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.0%
1.0%
5.7%
5.7%
45.4%
45.4%
30.1%
30.1%
12.6%
12.6%
5.2%
5.2%
0% 100.0%
% of Homes