The housing market in the Orlando-Kissimmee-Sanford, FL Metro Area is thriving. With a median value of $371,500, it is higher than the US median of $338,100. The area has seen a huge surge in appreciation over the past year with a 21.76% increase compared to the national average of 8.27%. This is indicative of a strong economy and growing real estate market in this region. As such, this is an attractive place for current and potential homeowners alike to invest in their future.
The median home cost in Orlando-Kissimmee-Sanford Metro Area is $371,500. Home appreciation the last 10 years has been 193.1%. Home Appreciation in Orlando-Kissimmee-Sanford Metro Area is up 25.4%.
Average Age of Homes
- The median age of Orlando-Kissimmee-Sanford Metro Area real estate is 26 years old
The Rental Market in Orlando-Kissimmee-Sanford Metro Area
- Renters make up 30.9% of the Orlando-Kissimmee-Sanford Metro Area population
- 3.5% of houses and apartments in Orlando-Kissimmee-Sanford Metro Area, 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.