Average Home Price Orlando | Orlando House Prices
Our We Buy Houses Orlando team determined the average sold home values in the Orlando housing market based on market data is $384,884.02. We used publicly accessible market data services from Zillow home value for the average price from 2000 to 2023 in every available major municipality within Orlando. Then we used AI and machine learning technology services to analyze this Orlando market data to determine the most accurate price in Orlando as of June 2023.
Table of Contents
Top 10 Most Expensive Areas to Purchase Listings in Orlando Based on the Data
Top 10 Least Expensive Neighborhoods to Purchase Orlando Homes in this Market Based on the Data
The Median Percentage Increases Places Sold Cost from 2000 to 2023 in Orlando Based on the Data
The Adjusted for Inflation Percentage Increase in Home Sales Cost from 2000 to 2023 Based on the Data
Frequently Asked Questions on Orlando and Home Prices in the State Based on the Data
Top 10 Most Expensive Areas to Purchase Listings in Orlando
1. Lake Hart Orlando
Median Home Price in Lake Hart Orlando:
For Sale at $565,000
Lake Hart is a serene, unincorporated area in Orange County part of the Orlando-Kissimmee Metropolitan Statistical Area. With a modest population, it offers a tranquil home lifestyle away from the city’s hustle and bustle. The lake itself, spanning 1881 acres, is a popular spot for bass fishing and other water activities that a regional realtor loves to show off. The surrounding residential communities, including gated ones, provide a variety of housing options and listings for people, making Lake Hart a charming place to live and call home.
2. Bay Hill Orlando
Median Home Value in Bay Hill Orlando:
For Sale at $690,000
Bay Hill is a charming census-designated place in Orange County part of the Orlando-Kissimmee Metropolitan Statistical Area. Known for its connection to golf legend Arnold Palmer, Bay Hill hosts the Arnold Palmer’s Bay Hill Club & Lodge, a testament to its rich golfing history. With a population of 4,884, it offers a tranquil lifestyle. The home price in Bay Hill is significantly higher than Orlando, standing at $690,000, reflecting its upscale residential appeal for listings and people in the area.
3. Windermere Orlando
Median Price in Windermere Orlando:
For Sale at $730,000.
Windermere is a quaint town in Orange County with a population of 3,030 as of 2020. It’s part of the Orlando Metropolitan Statistical Area, offering a peaceful retreat from city life. The average fee in Windermere is $730,000, reflecting its upscale residential appeal for listings in the area. Known for its beautiful outdoor activities, Windermere offers private and luxury tours, including popular bass fishing adventures. Its rich history, dating back to a post office opening in 1888, adds to its charm, services, and more.
4. Montverde Orlando
Mean Home Price in Montverde Orlando:
For Sale at $456,500
Montverde is a small, historic town in Lake County with a population of 1,655 as of 2020. It’s part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. Located on the west shore of Lake Apopka, Montverde is known for its rich history, including early Native American settlements. The place fee in Montverde is $456,500, reflecting its tranquil and scenic appeal. Its close proximity to Orlando makes it an attractive residential area with a peaceful, small-town charm full of services and more.
5. Winter Garden Orlando Florida Homes
Median Cost and Price for a Place in Winter Garden Orlando:
For Sale at $547,871
Winter Garden, located just west of Orlando, is a city known for its old style and charm. With a population of 46,964 as of 2020, it’s part of the Orlando metropolitan area. The place fee in Winter Garden is $547,871, reflecting its desirability and the wealth of historical and natural assets it offers. Nestled on beautiful Lake Apopka, this former citrus town established in 1908 is a local gathering place for Central residents and more.
6. Oakland Orlando Florida Homes
Median Cost and Price for a Place in Oakland Orlando:
For Sale at $494,500
Oakland is a historic town in Orange County part of the Orlando-Kissimmee Metropolitan Statistical Area. With a population of 3,516 as of the 2020 Census, it’s seen significant growth over the past decade. The average fee in Oakland is $494,500, reflecting its appeal as a residential area. Nearly 130 years ago, Oakland was the industrial and social hub of Orange County, and remnants of its past as a booming railroad town still dot its oak-lined clay roads and more.
7. Celebration Orlando Florida Homes
Median Cost and Price for a Place in Celebration Orlando:
For Sale at $510,000
Celebration is a master-planned community in Osceola County, originally developed by The Walt Disney Company. With a population of 11,178 as of 2020, it’s known for its captivating architecture, tree-lined streets, and welcoming mix of shops and restaurants. The place fee in Celebration is $510,000, reflecting its unique charm and proximity to Walt Disney World Resort. The picturesque downtown is compact and walkable, with Lake Rianhard at its center, offering a glimpse of small-town and more.
8. Geneva Orlando Florida Homes
Median Cost and Price for a Place in Geneva Orlando:
For Sale at $699,999
Geneva is a census-designated place and unincorporated area in Seminole County with a population of 2,913 as of the 2020 Census. It’s part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. The place fee in Geneva is $699,999, reflecting its rural charm and appeal. Known for its natural beauty, Geneva is home to the Little Big Econ State Forest, a popular spot for hiking and outdoor activities. The community maintains a peaceful, small-town atmosphere and more.
9. Doctor Phillips Orlando Florida Homes
Median Cost and Price for a Place in Doctor Phillips Orlando:
For Sale at $524,750
Doctor Phillips is a census-designated place in Orange County part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. With a population of 12,328 as of the 2020 Census, it offers a dense suburban feel. The place fee in Doctor Phillips is $524,750, reflecting its desirability as a residential area. Known for its vibrant dining scene, it’s home to ‘Restaurant Row,’ offering a variety of cuisines. Its close proximity to Universal Orlando Resort adds to its appeal.
10. Belle Isle Orlando Florida Homes
Median Cost and Price for a Place in Belle Isle Orlando:
For Sale at $426,000
Belle Isle is a city in Orange County part of the Orlando-Kissimmee-Sanford Metropolitan Statistical Area. With a population of 7,032 as of the 2020 Census, it offers a suburban feel with a touch of tranquility. The place fee in Belle Isle is $426,000, reflecting its appeal as a residential area. Nestled among the Conway Chain of Lakes, Belle Isle is known for its beautiful lake views and close proximity to Orlando, enhancing its residential charm.
Top 10 Least Expensive Neighborhoods to Purchase Orlando Homes in this Market
1. Lake Helen Orlando Florida Homes
Average Cost and Price of a House:
For Sale at $357,500
Lake Helen Orlando is a charming city in Volusia County known for its small-town atmosphere and natural beauty. With a population of 2,743 as of the 2020 Census, it offers a peaceful and close-knit community. The place fee in Lake Helen Orlando is $357,500, reflecting its affordability and appeal as a residential area. Nestled near Lake Helen-Cassadaga Spiritualist Camp, it provides a unique spiritual retreat. The city’s historic downtown area and proximity to natural attractions make Lake Helen Orlando a delightful place to call home.
2. Campbell Orlando Florida Homes
Average Cost and Price of a Place:
For Sale at $495,000
Campbell known for its charming neighborhoods and vibrant community, offers a desirable location for homeownership. With an place fee of $495,000, Campbell provides a blend of modern amenities and natural beauty. Residents can enjoy exploring the serene Campbell Lake, taking leisurely walks in the picturesque Campbell Park, or visiting the renowned Campbell Mall for shopping and entertainment. Boasting excellent schools and close proximity to attractions like the Campbell Zoo and Campbell Museum, this gem truly offers a fulfilling lifestyle for its residents.
3. Orlovista Orlando
Average Cost and Price of a Place:
Homes Real Market Prices of $262,000
Orlovista offers an affordable housing market with an place fee of $262,000, making it an appealing destination for homebuyers seeking value from their homes. This close-knit homes community is nestled near the heart of Orlando and offers convenient access to various attractions. Residents of Orlovista can explore nearby destinations such as the iconic Universal Orlando Resort, enjoy recreational activities at Lake Orlando, or indulge in retail therapy at the West Oaks Mall. With its affordable housing options and proximity to popular landmarks, Orlovista presents an enticing opportunity for individuals looking to settle in the vibrant Orlando are with low list days on the market and a low sold price. Hurry do not miss your chance on all of the beautiful home types at a low price index and market index in this area. Visit a listing office estate LLC today!
4. Umatilla Orlando
Cost of a Place:
For Sale at $299,850
Umatilla offers an attractive real estate market with an place fee of $299,850 and low rates, providing a great opportunity for homeownership. Nestled amidst the natural beauty of Lake County, Umatilla boasts a charming small-town atmosphere and picturesque landscapes in this FL market. Residents can enjoy outdoor activities such as boating, fishing, and hiking in the nearby Ocala National Forest in this FL market. The city also offers a variety of local shops, restaurants, and community events in this FL market. With its affordable housing options and proximity to natural wonders, Umatilla presents an ideal setting for those seeking a serene and affordable place to call home in this FL market.
5. Tangelo Park Orlando
Cost of a Place:
Tangelo Park presents an enticing real estate market with an place fee of $295,000, offering affordable real estate options for homebuyers. Situated in the vibrant city of Orlando, Tangelo Park boasts a rich diversity of cultural experiences and real estate amenities. Residents can explore the iconic theme parks, including Walt Disney World Resort and Universal Orlando Resort, or enjoy shopping and dining at the nearby Orlando International Premium Outlets. The real estate community also features beautiful parks, such as Dr. James R. Smith Neighborhood Center Park, providing recreational real estate opportunities for residents. With its affordable housing and proximity to renowned attractions, Tangelo Park offers a desirable location for homeowners seeking the best of Orlando FL real estate.
6. Zellwood Orlando
Cost of a Place:
Zellwood offers an affordable housing market with an place fee of $170,000, making it an appealing destination for homebuyers seeking affordability. Nestled in picturesque Orange County, Zellwood showcases a serene countryside atmosphere and breathtaking natural beauty. Residents can explore the stunning Wekiwa Springs State Park, which offers hiking trails, camping areas, and crystal-clear springs. The area is also known for its annual Zellwood Sweet Corn Festival, a popular event celebrating the region’s agricultural heritage. With its affordable housing options and proximity to natural wonders, Zellwood presents an excellent opportunity for individuals seeking a tranquil and budget-friendly real estate.
7. Eustis Orlando
Cost of a Place:
Eustis offers an inviting real estate market with an place fee of $334,250, providing a blend of affordability and quality. Situated in Lake County, Eustis is known for its charming downtown area and friendly community. Residents can explore the picturesque Lake Eustis, perfect for boating and fishing enthusiasts, or visit the historic Ferran Park, which hosts various events and festivals throughout the year. With its tree-lined streets and historic homes, Eustis offers a serene atmosphere while still being within reach of popular real estate attractions in the greater Orlando area.
8. Tavares Orlando
Cost of a Home:
Tavares offers a desirable real estate market with an place fee of $316,000, providing an excellent balance of affordability and quality for real estate. Located in Lake County, Tavares is known as the “Seaplane City” due to its unique seaplane base and annual seaplane events. Residents can enjoy the scenic waterfront views of Lake Dora, explore the charming downtown area with its shops and restaurants, or take a leisurely stroll along the Tavares Seaplane Basin Boardwalk. With its picturesque setting and community-oriented atmosphere, Tavares presents an attractive option for real estate home buyers looking for a vibrant and affordable real estate place.
9. Taft Orlando
Cost of a Place:
Taft offers a favorable real estate market with an place fee of $366,000, providing a great balance between affordability and value. Located near Orlando, Taft offers convenient access to various attractions and amenities. Residents can explore nearby destinations such as the Mall, which is known for its diverse shopping options, or enjoy outdoor activities at the scenic Lake Conway. With its proximity to major highways and Orlando International Airport, Taft ensures easy commuting and travel opportunities. With affordable housing options and its convenient location, Taft presents a promising choice for homebuyers in the Orlando area.
10. De Leon Springs Orlando
Cost of a Place:
De Leon Springs offers a favorable real estate market with an place fee of $325,500, providing a blend of affordability and quality. Located in Volusia County, De Leon Springs is renowned for its natural beauty and historical significance. Real estate residents can explore the stunning De Leon Springs State Park, which offers activities such as swimming, canoeing, and nature trails. The area is also home to the famous Old Spanish Sugar Mill Grill and Griddle House, where visitors can make their own pancakes at the table. With its charming small-town atmosphere and natural attractions, De Leon Springs presents an appealing option for real estate home buyers looking for a tranquil and picturesque place to call home.
The Median Percentage Increase Homes Sold Cost from 2000 to 2023 in Orlando
The total percentage increase in home prices in Orlando from 2000 to 2023 is approximately 133.41%. This means that, on average, home prices more than doubled over this period. Please note that this is a cumulative figure and does not represent an annual rate of return.
Graph of the Percentage Increase in the Price of Sold Homes from 2000 to 2023
The Adjusted for Inflation Percentage Increase in Home Sales Cost Services from 2000 to 2023 in Orlando
The total inflation-adjusted percentage increase in place fees in Orlando from 2000 to 2023 is approximately 309.50%. This means that, on average, when adjusted for inflation, fees more than tripled over this period. Please note that this is a cumulative figure and does not represent an annual rate of return.
Graph of the Median Home Sales Cost from 2000 to 2023 Without Being Adjusted for Inflation and Being Adjusted for Inflation
Frequently Asked Questions on Orlando Homes and Home Prices in the State of Florida
Is Housing Expensive in Orlando?
Orlando’s housing market is competitive with an place fee of $384,884.02, slightly above the national average. However, it’s important to note that ‘expensive’ is relative. Compared to other major cities, Orlando’s housing cost is moderate. Interestingly, buying a place in Orlando is approximately 27% less than the average rent price. Therefore, while the housing market can be challenging due to high demand and low inventory, it’s not necessarily ‘expensive’ in a broader context.
What is the Average Price of a House in Orlando 2023?
In 2023, the place fee in Orlando is $384,884.02. This reflects a competitive housing market, with prices showing an upward trend. Comparatively, this figure is slightly higher than the previous year, indicating a robust real estate market. However, it’s important to note that these fees can vary based on factors such as location, property size, and market conditions. The Orlando housing market continues to be a dynamic and evolving landscape.
Are House Prices Dropping in Orlando?
While the place fee in Orlando is $384,884.02, current trends do not indicate a significant drop in fees. In fact, the housing market in Orlando has been competitive, with fees generally on an upward trajectory even compared to Miami. However, some forecasts suggest a potential slowdown in the pace of price increases in 2023. It’s important to note that market conditions can change, and various factors such as supply and demand, economic conditions, and interest rates can influence place fees.
How Much Money Do You Need to Make to Live Comfortably in Orlando?
Living comfortably in Orlando requires a balance between income and cost of living. In 2023, it’s estimated that an individual needs a yearly salary of around $67,060 to live comfortably, considering housing, utilities, groceries, and other expenses. However, this figure can vary based on personal lifestyle and financial obligations. It’s worth noting that Orlando is considered relatively affordable compared to other major cities, making it an attractive place to live.