The housing market in 32839 Orlando, FL has been experiencing significant growth for the past year. The median value of homes in the area is $234,100, which is significantly lower than the US median value of $338,100. However, the one-year house appreciation rate in 32839 Orlando, FL was 18.12%, much higher than the US average of 8.27%. This demonstrates the strong demand for housing in the area and shows that home values are rapidly increasing. It is clear that 32839 Orlando, FL offers a great opportunity for investment in real estate due to its high appreciation rate and low median house value.
The median home cost in Orlando (zip 32839) is $234,100. Home appreciation the last 10 years has been 185.7%. Home Appreciation in Orlando (zip 32839) is up 22.4%.
Average Age of Homes
- The median age of Orlando (zip 32839) real estate is 31 years old
The Rental Market in Orlando (zip 32839)
- Renters make up 56.3% of the Orlando (zip 32839) population
- 16.5% of houses and apartments in Orlando (zip 32839), 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.