Orlando, FL


Highest Appreciating Orlando Neighborhoods Since 2000

Orlando, FL Real Estate Data

Orlando Housing Market Information

With 270,934 people, 102,570 houses or apartments, and a median cost of homes of $210,733, Orlando real estate prices are well above average cost compared to national prices.

Large apartment complexes or high rise apartments are the single most common housing type in Orlando, accounting for 48.47% of the city's housing units. Other types of housing that are prevalent in Orlando include single-family detached homes ( 34.61%), row houses and other attached homes ( 8.76%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 8.06%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Orlando primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Orlando has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Orlando built from 1970 to 1999 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 Orlando built between 2000 and later ( 25.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.20%). There's also some housing in Orlando built before 1939 ( 3.46%).

Vacant housing appears to be an issue in Orlando. Fully 16.12% of the housing stock is classified as vacant. Left unchecked, vacant Orlando homes and apartments can be a drag on the real estate market, holding Orlando real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Orlando Home Appreciation Rates

Homes have actually lost value in Orlando over the last then years, as home values have seen a decline of 26.03% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Orlando home appreciation rates at 2.25%, which equates to an annual appreciation rate of 9.33%.

Appreciation rates are so strong in Orlando that despite a nationwide downturn in the housing market, Orlando real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Orlando appreciation rates continue to be some of the highest in America, at 8.10%, which is higher than appreciation rates in 91.98% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Orlando. Orlando appreciation rates in the latest quarter were at 2.25%, which equates to an annual appreciation rate of 9.33%.

Relative to Florida, our data show that Orlando's latest annual appreciation rate is lower than 60% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Orlando differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Orlando - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Orlando real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,394,000 1.1
$1,045,001 - $1,394,000 1.0
$697,001 - $1,045,000 2.4
$558,001 - $697,000 2.6
$418,001 - $558,000 6.0
$279,001 - $418,000 14.1
$139,001 - $279,000 32.4
$70,001 - $139,000 29.0
$0 - $70,000 11.5

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
30.6201323417462 45.2991452991453

Number Of Homes And Apartments:

Rent & Ownership


Average Market Rent:
$1,385 / per month

Homeownership Rate

Owners 36.73
Renters 63.27
Vacant 16.12

Housing Market Details


Age of Homes

2000 or Newer 26.0
1970 - 1999 48.3
1940 - 1969 22.2
1939 or Older 3.5

Types of Homes

Single-Family 34.6
Townhomes 8.8
Small Apt. Buildings 8.1
Apt. Complexes 48.5
Mobile Homes 0.1
Other 0.0

Home Size

No Bedroom 3.48
1 Bedroom 19.36
2 Bedrooms 36.69
3 Bedrooms 30.45
4 Bedrooms 8.53
5 or more bedrooms 1.49

Orlando Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
57.78% 2.72% 4 7
* 10 is highest