Cities with the fastest growing home prices in Orlando metro area
Cities with the fastest growing home prices in Orlando metro area
It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.
The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.
Stacker compiled a list of cities with the fastest-growing home prices in Orlando-Kissimmee-Sanford, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 62 cities and towns in Orlando.
You may also like: Closest national parks to Orlando
#30. Winter Springs, Florida
- 5-year price change: +$180,565 (+70.8%)
- Typical home value: $435,494 (#24 most expensive city in metro)
#29. Poinciana, Florida
- 5-year price change: +$163,872 (+98.9%)
- Typical home value: $329,514 (#45 most expensive city in metro)
#28. Kenansville, Florida
- 5-year price change: +$145,901 (+79.5%)
- Typical home value: $329,451 (#46 most expensive city in metro)
#27. Ocoee, Florida
- 5-year price change: +$186,154 (+78.8%)
- Typical home value: $422,328 (#29 most expensive city in metro)
#26. Longwood, Florida
- 5-year price change: +$189,786 (+69.1%)
- Typical home value: $464,253 (#20 most expensive city in metro)
You may also like: Highest-rated things to do in Orlando, according to Tripadvisor
#25. Clermont, Florida
- 5-year price change: +$188,321 (+77.8%)
- Typical home value: $430,261 (#27 most expensive city in metro)
#24. Winter Park, Florida
- 5-year price change: +$197,370 (+73.2%)
- Typical home value: $467,008 (#19 most expensive city in metro)
#23. Lake Mary, Florida
- 5-year price change: +$190,736 (+65.9%)
- Typical home value: $480,334 (#18 most expensive city in metro)
#22. Edgewood, Florida
- 5-year price change: +$201,393 (+71.6%)
- Typical home value: $482,729 (#17 most expensive city in metro)
#21. Belle Isle, Florida
- 5-year price change: +$211,827 (+68.5%)
- Typical home value: $521,016 (#11 most expensive city in metro)
You may also like: Highest paying jobs in Orlando for high school graduates
#20. Ferndale, Florida
- 5-year price change: +$220,699 (+93.3%)
- Typical home value: $457,123 (#21 most expensive city in metro)
#19. Oviedo, Florida
- 5-year price change: +$211,953 (+71.0%)
- Typical home value: $510,672 (#13 most expensive city in metro)
#18. Gotha, Florida
- 5-year price change: +$201,512 (+70.6%)
- Typical home value: $487,092 (#16 most expensive city in metro)
#17. Maitland, Florida
- 5-year price change: +$200,528 (+65.1%)
- Typical home value: $508,503 (#14 most expensive city in metro)
#16. Kissimmee, Florida
- 5-year price change: +$187,477 (+94.3%)
- Typical home value: $386,219 (#34 most expensive city in metro)
You may also like: Highest-rated steakhouses in Orlando, according to Tripadvisor
#15. Christmas, Florida
- 5-year price change: +$198,904 (+80.1%)
- Typical home value: $447,237 (#22 most expensive city in metro)
#14. Geneva, Florida
- 5-year price change: +$223,931 (+67.7%)
- Typical home value: $554,906 (#8 most expensive city in metro)
#13. Doctor Phillips, Florida
- 5-year price change: +$204,260 (+63.3%)
- Typical home value: $526,899 (#10 most expensive city in metro)
#12. Saint Cloud, Florida
- 5-year price change: +$201,322 (+90.1%)
- Typical home value: $424,755 (#28 most expensive city in metro)
#11. Wedgefield, Florida
- 5-year price change: +$217,306 (+76.7%)
- Typical home value: $500,711 (#15 most expensive city in metro)
You may also like: Highest-rated Chinese restaurants in Orlando, according to Tripadvisor
#10. Bithlo, Florida
- 5-year price change: +$228,601 (+79.7%)
- Typical home value: $515,494 (#12 most expensive city in metro)
#9. Citrus Ridge, Florida
- 5-year price change: +$209,470 (+91.8%)
- Typical home value: $437,608 (#23 most expensive city in metro)
#8. Montverde, Florida
- 5-year price change: +$244,238 (+76.0%)
- Typical home value: $565,780 (#7 most expensive city in metro)
#7. Oakland, Florida
- 5-year price change: +$229,978 (+74.1%)
- Typical home value: $540,490 (#9 most expensive city in metro)
#6. Winter Garden, Florida
- 5-year price change: +$258,193 (+82.9%)
- Typical home value: $569,669 (#6 most expensive city in metro)
You may also like: Zip codes with the most expensive rent in Orlando
#5. Celebration, Florida
- 5-year price change: +$247,890 (+69.5%)
- Typical home value: $604,738 (#5 most expensive city in metro)
#4. Windermere, Florida
- 5-year price change: +$293,295 (+72.1%)
- Typical home value: $699,955 (#4 most expensive city in metro)
#3. Bay Hill, Florida
- 5-year price change: +$296,942 (+58.7%)
- Typical home value: $802,564 (#3 most expensive city in metro)
#2. Lake Hart, Florida
- 5-year price change: +$438,538 (+71.9%)
- Typical home value: $1,048,732 (#2 most expensive city in metro)
#1. Lake Buena Vista, Florida
- 5-year price change: +$1,776,441 (+64.9%)
- Typical home value: $4,514,782 (#1 most expensive city in metro)
You may also like: Most expensive homes for sale in Orlando
