Orlando FL Real Estate

FIND A HOME IN ORLANDO

Be Part of the Economic Solution

The Orlando real estate market in Central Florida, in concert with several other markets across the state, has sustained its value and even far outpaced other markets nationwide during times of economic uncertainty. Investments made in Orlando properties in recent years continue to yield some of the best returns anywhere in the United States. The median home price in and around Orlando remains strong yet accessible at $167,100, while the rest of the country averages $199,200.

Appreciation rates are trending upward and holding steady over the last year at a rate of 11.9%, and are predicted to rise another 4.8% within the coming year.

The average Orlando mortgage of $1,565.00 a month makes buying a home in Orlando, both as a primary residence and as an investment, one of the most powerful financial decisions any homebuyer can make, creating a perpetual demand and keeping resale value high. This creates the perfect climate in which to build equity in a way which is still accessible to the average household.

By way of example, see how the Orlando housing market has appreciated across various strata of time:

1. Since 2015, Orlando’s housing values have appreciated by an average of $34,000, whereas the national average has increased by $27,200.
2. Since 2013, Orlando’s housing values have appreciated $60,100, whereas the national average has increased by $43,000.
3. Since 2011, Orlando’s housing values have appreciated $68,800, whereas the national average has increased by  $48,000.
4. Since 2009, Orlando’s housing values have appreciated $18,100, whereas the national average has increased by $22,000.
5. Since 2007, Orlando’s housing values have decreased by $52,900, whereas the national average has increased by only $3,200.

Of course, history is not necessarily a predictor of future performance, and it is imperative any homebuyer look carefully at the regional trends in their preferred location.

Particularly notable in the Orlando region is the advent of international interests and significant financial commitment by a few noteworthy corporations and their respective support industries. This infusion of revenue into the region is ushering in a new era of economic prosperity which allows home buyers an uncommon opportunity in which to participate, and ostensibly become part of the economic solution on the national level, and even on an international scale.

Extremely low unemployment numbers underpin the retained housing values, as well, with Orlando unemployment figure of 3.6% significantly trailing the U.S. unemployment number of 4.1% nationwide.