Winter Garden, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Winter Garden, FL Real Estate Data


Winter Garden Housing Market Information

With a population of 40,356, 12,213 total housing units (homes and apartments), and a median house value of $305,574, Winter Garden 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 Garden, accounting for 65.02% of the city's housing units. Other types of housing that are prevalent in Winter Garden include large apartment complexes or high rise apartments ( 13.49%), row houses and other attached homes ( 11.23%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.27%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Winter Garden. Owner-occupied housing accounts for 70.22% of Winter Garden's homes, and 58.54% have either three or four bedrooms, which is average sized relative to America.

Winter Garden homes and real estate are some of the newest in America. 53.90% of Winter Garden's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Winter Garden real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 35.01%), and between 1940-1969 ( 9.22%). There's also some housing in Winter Garden built before 1939 ( 1.87%).

Winter Garden Home Appreciation Rates

Winter Garden's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Winter Garden during the period has been just -1.72%, which is lower than 80% of US communities.

Appreciation rates are so strong in Winter Garden that despite a nationwide downturn in the housing market, Winter Garden real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Winter Garden appreciation rates continue to be some of the highest in America, at 8.96%, which is higher than appreciation rates in 95.46% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Winter Garden. Winter Garden 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 Winter Garden's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$305,574

Winter Garden, FL HOME PRICES

Value Range
> $1,493,000 1.4
$1,120,001 - $1,493,000 1.0
$746,001 - $1,120,000 3.3
$597,001 - $746,000 6.8
$448,001 - $597,000 13.2
$299,001 - $448,000 22.4
$149,001 - $299,000 30.6
$75,001 - $149,000 10.3
$0 - $75,000 11.0

High for FL
Very High for Nation

Value Relative to Nation Value Relative to State
16.3494759032617 28.4188034188034

Number Of Homes And Apartments:
12,213

Rent & Ownership

 

Average Market Rent:
$1,462 / per month

Homeownership Rate

Homeownership
Owners 70.22
Renters 29.78
Vacant 9.79

Housing Market Details

 

Age of Homes

AGE OF Winter Garden HOMES
2000 or Newer 53.9
1970 - 1999 35.0
1940 - 1969 9.2
1939 or Older 1.9

Types of Homes

TYPE OF Winter Garden HOMES
Single-Family 65.0
Townhomes 11.2
Small Apt. Buildings 5.3
Apt. Complexes 13.5
Mobile Homes 5.0
Other 0.0

Home Size

SIZE OF Winter Garden HOMES
No Bedroom 1.96
1 Bedroom 5.76
2 Bedrooms 23.78
3 Bedrooms 30.38
4 Bedrooms 28.16
5 or more bedrooms 9.96

Winter Garden Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
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
79.30% 3.49% 7 9
* 10 is highest

Popular Neighborhoods in Winter Garden

Zip Codes in Winter Garden, FL