Orlando, FL is known for its beautiful and vibrant housing market. The median value of all housing in the city is $369,400, significantly higher than the national median value of $338,100. The US experienced a one-year house appreciation rate of 8.27%, while Orlando experienced an impressive 18.12% one-year growth rate. This indicates that Orlando's housing market is rapidly increasing in value, making it a desirable place to invest or buy property.
The median home cost in Orlando is $369,400. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Orlando is up 22.4%.
Average Age of Homes
- The median age of Orlando real estate is 30 years old
The Rental Market in Orlando
- Renters make up 52.5% of the Orlando population
- 5.4% of houses and apartments in Orlando, 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.