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 942 people, 433 houses or apartments, and a median cost of homes of $246,848, house prices in Bristol are solidly below the national average.
Single-family detached homes are the single most common housing type in Bristol, accounting for 79.09% of the city's housing units. Other types of housing that are prevalent in Bristol include mobile homes or trailers ( 20.70%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bristol. Owner-occupied housing accounts for 75.18% of Bristol's homes, and 67.76% 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. Bristol's housing was primarily built during this period, from the '40s through the '60s. A full 42.05% of the city's housing hails from this era. Other housing ages represented in Bristol include homes built between 1970-1999 ( 38.13%) and housing constructed between 2000 and later ( 17.21%). There's also some housing in Bristol built before 1939 ( 2.61%).
Appreciation rates for homes in Bristol have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 102.25%, which ranks in the top 40% nationwide. This equates to an annual average Bristol house appreciation rate of 7.30%.
Over the last year, Bristol appreciation rates have trailed the rest of the nation. In the last twelve months, Bristol's appreciation rate has been 2.43%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bristol were at 1.38%, which equates to an annual appreciation rate of 5.64%.
Importantly, this makes Bristol 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 Bristol's latest annual appreciation rate is higher than 50% of the other cities and towns in Florida.
$246,848
for Florida
for nation
433
$1,560 / per month