Oviedo FL

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Oviedo, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Oviedo Housing Market Information

With a population of 41,557, 11,717 total housing units (homes and apartments), and a median house value of $328,830, Oviedo real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Oviedo, accounting for 84.86% of the city's housing units. Other types of housing that are prevalent in Oviedo include large apartment complexes or high rise apartments ( 7.02%), row houses and other attached homes ( 6.05%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.57%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Oviedo. Owner-occupied housing accounts for 77.41% of Oviedo's homes, and 77.74% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Oviedo 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 Oviedo built between 2000 and later ( 27.59%). A lesser amount of the housing stock also hails from between 1940-1969 ( 2.64%).

Oviedo Home Appreciation Rates

In the last 10 years, Oviedo has experienced some of the highest home appreciation rates of any community in the nation. Oviedo real estate appreciated 51.17% over the last ten years, which is an average annual home appreciation rate of 4.22%, putting Oviedo in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Oviedo definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Oviedo that despite a nationwide downturn in the housing market, Oviedo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Oviedo appreciation rates continue to be some of the highest in America, at 5.55%, which is higher than appreciation rates in 77.99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Oviedo. Oviedo appreciation rates in the latest quarter were at 2.21%, which equates to an annual appreciation rate of 9.12%.

Relative to Florida, our data show that Oviedo's latest annual appreciation rate is higher 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 Oviedo differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Oviedo - 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 Oviedo real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,369,000 0.5
$1,026,001 - $1,369,000 0.8
$684,001 - $1,026,000 4.2
$547,001 - $684,000 8.4
$410,001 - $547,000 18.8
$274,001 - $410,000 33.0
$137,001 - $274,000 28.6
$69,001 - $137,000 2.7
$0 - $69,000 3.0

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
17.3255474452555 27.4468085106383

Number Of Homes And Apartments:

Oviedo Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
104.28% 3.68%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,078 / per month

Homeownership Rate

Owners 77.41
Renters 22.59
Vacant 7.95

Housing Market Details


Age of Homes

2000 or Newer 27.6
1970 - 1999 69.3
1940 - 1969 2.6
1939 or Older 0.5

Types of Homes

Single-Family 84.9
Townhomes 6.0
Small Apt. Buildings 1.6
Apt. Complexes 7.0
Mobile Homes 0.5
Other 0.0

Home Size

No Bedroom 0.91
1 Bedroom 1.35
2 Bedrooms 10.75
3 Bedrooms 41.54
4 Bedrooms 36.19
5 or more bedrooms 9.25