Winter Garden, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Winter Garden, 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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

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

Winter Garden Housing Market Information

With 40,356 people, 12,318 houses or apartments, and a median cost of homes of $210,610, 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 66.82% of the city's housing units. Other types of housing that are prevalent in Winter Garden include large apartment complexes or high rise apartments ( 13.99%), row houses and other attached homes ( 8.57%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.99%).

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 67.98% of Winter Garden's homes, and 59.93% 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. 54.04% 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 ( 35.72%), and between 1940-1969 ( 7.92%). There's also some housing in Winter Garden built before 1939 ( 2.32%).

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 -1.87%, 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 6.45%, which is higher than appreciation rates in 77.52% 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 2.68%, which equates to an annual appreciation rate of 11.16%.

Importantly, this makes Winter Garden one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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

Average Home Values

 

Median Home Value:
$210,610

Winter Garden, FL HOME PRICES

Value Range
> $1,356,000 1.2
$1,017,001 - $1,356,000 1.0
$678,001 - $1,017,000 5.2
$543,001 - $678,000 8.4
$407,001 - $543,000 11.5
$271,001 - $407,000 23.5
$136,001 - $271,000 28.3
$68,001 - $136,000 10.5
$0 - $68,000 10.4

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
29.7609281612563 42.0940170940171

Number Of Homes And Apartments:
12,318

Winter Garden Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
81.16% 3.50% 6 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,236 / per month

Homeownership Rate

Homeownership
Owners 67.98
Renters 32.02
Vacant 8.59

Housing Market Details

 

Age of Homes

AGE OF Winter Garden HOMES
2000 or Newer 54.0
1970 - 1999 35.7
1940 - 1969 7.9
1939 or Older 2.3

Types of Homes

TYPE OF Winter Garden HOMES
Single-Family 66.8
Townhomes 8.6
Small Apt. Buildings 6.0
Apt. Complexes 14.0
Mobile Homes 4.6
Other 0.0

Home Size

SIZE OF Winter Garden HOMES
No Bedroom 1.65
1 Bedroom 5.73
2 Bedrooms 22.36
3 Bedrooms 32.38
4 Bedrooms 27.55
5 or more bedrooms 10.33

Popular Neighborhoods in Winter Garden

Zip Codes in Winter Garden, FL