Winter Springs appreciation rates and housing market information

Winter Springs housing market information

With 31,424 people, 12,296 houses or apartments, and a median cost of homes of $268,569, Winter Springs real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Winter Springs, accounting for 74.17% of the city's housing units. Other types of housing that are prevalent in Winter Springs include large apartment complexes or high rise apartments (11.41%), row houses and other attached homes (5.92%), mobile homes or trailers (4.58%), and a few duplexes, homes converted to apartments, or other small apartment buildings (3.92%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Winter Springs. Owner-occupied housing accounts for 76.91% of Winter Springs's homes, and 70.38% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Winter Springs built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Winter Springs built from 1995 and later (17.23%). A lesser amount of the housing stock also hails from 1940-1969 (4.33%), and some were built from 1939 and earlier (4.33%).

Winter Springs home appreciation rates

Appreciation rates for homes in Winter Springs have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.19%, which ranks in the top 20% nationwide. This equates to an annual average Winter Springs house appreciation rate of 10.01%.

Over the last year, Winter Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Winter Springs's appreciation rate has been -14.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winter Springs were at 0.05%, which equates to an annual appreciation rate of 0.20%.

Relative to Florida, our data show that Winter Springs's latest annual appreciation rate is higher than 38% of the other cities and towns in Florida.