Winter Park, FL Real Estate Market

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 Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Winter Park, FL Housing Market Trends

With a population of 29,795, 13,072 total housing units (homes and apartments), and a median house value of $635,102, Winter Park house prices are not only among the most expensive in Florida, Winter Park real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Winter Park, accounting for 62.05% of the city's housing units. Other types of housing that are prevalent in Winter Park include large apartment complexes or high rise apartments ( 28.07%), row houses and other attached homes ( 5.71%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.00%).

The most prevalent building size and type in Winter Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.13% owning and 38.87% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Winter Park's housing was primarily built during this period, from the '40s through the '60s. A full 45.74% of the city's housing hails from this era. Other housing ages represented in Winter Park include homes built between 1970-1999 ( 32.60%) and housing constructed between 2000 and later ( 17.52%). There's also some housing in Winter Park built before 1939 ( 4.14%).

Winter Park Home Appreciation Rates

In the last 10 years, Winter Park has experienced some of the highest home appreciation rates of any community in the nation. Winter Park real estate appreciated 120.56% over the last ten years, which is an average annual home appreciation rate of 8.23%, putting Winter Park in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Winter Park definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Winter Park's appreciation rate, at 20.61%, has been at or slightly above the national average. In the latest quarter, Winter Park's appreciation rate has been 8.47%, which annualizes to a rate of 38.41%.

Relative to Florida, our data show that Winter Park's latest annual appreciation rate is lower than 80% 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 Winter Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Winter Park - 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 Winter Park real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$635,102

Winter Park, FL HOME PRICES

> $1,367,000
$1,025,001 - $1,367,000
$684,001 - $1,025,000
$546,001 - $684,000
$410,001 - $546,000
$273,001 - $410,000
$137,001 - $273,000
$68,001 - $137,000
$0 - $68,000
16.3%
16.3%
10.5%
10.5%
14.6%
14.6%
14.6%
14.6%
13.3%
13.3%
15.0%
15.0%
12.2%
12.2%
2.1%
2.1%
1.4%
1.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for FL

Value Relative To Nation

Number Of Homes And Apartments:
13,072

Winter Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q3 - 2021 Q4
Last 12 Months:
2020 Q4 - 2021 Q4
Last 2 Years:
2019 Q4 - 2021 Q4
Last 5 Years:
2016 Q4 - 2021 Q4
Last 10 Years:
2011 Q4 - 2021 Q4
Since 2000:
2000 Q1 - 2021 Q4
177.97% 4.76%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,395 / per month

Homeownership Rate

Owners
Renters
Vacant
61.1%
61.1%
38.9%
38.9%
9.9%
9.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.5%
17.5%
32.6%
32.6%
45.7%
45.7%
4.1%
4.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
62.0%
62.0%
5.7%
5.7%
4.0%
4.0%
28.1%
28.1%
0.2%
0.2%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
2.3%
2.3%
12.0%
12.0%
27.4%
27.4%
29.6%
29.6%
20.9%
20.9%
7.7%
7.7%
0.0% 100.0%
% OF HOMES