Mount Dora, FL is a great place to buy a house. The median value of a home in the area is $377,400, which is significantly higher than the US median of $338,100. In the last year, the US housing appreciation rate was 8.27%, but in Mount Dora it was 20.33% - almost double! This means that homes in Mount Dora are increasing in value more quickly than those across the country and could be an attractive option for potential buyers.
The median home cost in Mount Dora is $377,400. Home appreciation the last 10 years has been 190.0%. Home Appreciation in Mount Dora is up 25.3%.
Average Age of Homes
- The median age of Mount Dora real estate is 32 years old
The Rental Market in Mount Dora
- Renters make up 37.8% of the Mount Dora population
- 1.5% of houses and apartments in Mount Dora, 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.