The housing market in Orange City, FL is booming with the median value of homes at $283,500. This is considerably lower than the US House Median Value of $338,100, however house appreciation has greatly increased in Orange City with an impressive 20.33% increase over the past year compared to the 8.27% increase across the US. The market shows no signs of slowing down and many people are taking advantage of this opportunity to own a home in Orange City.
The median home cost in Orange City is $283,500. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Orange City is up 25.3%.
Average Age of Homes
- The median age of Orange City real estate is 31 years old
The Rental Market in Orange City
- Renters make up 43.1% of the Orange City population
- 3.5% of houses and apartments in Orange City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.