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 30,952 people, 17,099 houses or apartments, and a median cost of homes of $373,023, Sun City Center real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Sun City Center, accounting for 56.17% of the town's housing units. Other types of housing that are prevalent in Sun City Center include row houses and other attached homes ( 29.98%), large apartment complexes or high rise apartments ( 9.16%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.06%).
Dwellings in Sun City Center tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 61.39% of the homes in Sun City Center have two or fewer bedrooms.
Sun City Center homes and real estate are some of the newest in America. 45.61% of Sun City Center's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Sun City Center real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 45.31%), and between 1940-1969 ( 8.92%).
Vacant housing appears to be an issue in Sun City Center. Fully 10.09% of the housing stock is classified as vacant. Left unchecked, vacant Sun City Center homes and apartments can be a drag on the real estate market, holding Sun City Center 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, Sun City Center has experienced some of the highest home appreciation rates of any community in the nation. Sun City Center real estate appreciated 145.14% over the last ten years, which is an average annual home appreciation rate of 9.38%, putting Sun City Center in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sun City Center 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, Sun City Center appreciation rates have trailed the rest of the nation. In the last twelve months, Sun City Center's appreciation rate has been -0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sun City Center were at -0.28%, which equates to an annual appreciation rate of -1.13%.
Relative to Florida, our data show that Sun City Center's latest annual appreciation rate is lower than 70% 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 town. Individual neighborhoods within Sun City Center differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sun City Center - 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 Sun City Center real estate investment or home purchase decisions.
$373,023
for Florida
for nation
17,099
$2,853 / per month