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 sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.
The pandemic became a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. Since then, increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the fastest-growing home prices in the Orlando-Kissimmee-Sanford, FL metro area using data from Zillow. Cities are ranked by 1-year price change as of May 2023. The typical home value in the United States increased over the last year by 0.9% to $346,856. Data was available for 59 cities and towns in Orlando.
#30. Astatula, FL
- 5-year price change: +$160,831 (+80.0%)
- Typical home value: $361,871 (#35 most expensive city in metro)
#29. Winter Garden, FL
- 5-year price change: +$226,686 (+67.7%)
- Typical home value: $561,763 (#6 most expensive city in metro)
#28. Oak Ridge, FL
- 5-year price change: +$125,308 (+81.0%)
- Typical home value: $280,071 (#53 most expensive city in metro)
#27. Oviedo, FL
- 5-year price change: +$167,119 (+51.4%)
- Typical home value: $492,477 (#12 most expensive city in metro)
#26. Longwood, FL
- 5-year price change: +$157,856 (+55.2%)
- Typical home value: $443,677 (#20 most expensive city in metro)
#25. Kenansville, FL
- 5-year price change: +$143,618 (+72.4%)
- Typical home value: $341,850 (#37 most expensive city in metro)
#24. Wedgefield, FL
- 5-year price change: +$171,893 (+54.5%)
- Typical home value: $487,321 (#15 most expensive city in metro)
#23. Fruitland Park, FL
- 5-year price change: +$127,877 (+74.5%)
- Typical home value: $299,622 (#48 most expensive city in metro)
#22. Gotha, FL
- 5-year price change: +$156,559 (+49.9%)
- Typical home value: $470,326 (#16 most expensive city in metro)
#21. Altamonte Springs, FL
- 5-year price change: +$115,861 (+66.2%)
- Typical home value: $290,764 (#51 most expensive city in metro)
#20. Sanford, FL
- 5-year price change: +$139,535 (+70.1%)
- Typical home value: $338,624 (#38 most expensive city in metro)
#19. Lake Mary, FL
- 5-year price change: +$156,846 (+51.4%)
- Typical home value: $462,206 (#17 most expensive city in metro)
#18. Leesburg, FL
- 5-year price change: +$128,941 (+76.8%)
- Typical home value: $296,775 (#50 most expensive city in metro)
#17. Doctor Phillips, FL
- 5-year price change: +$165,827 (+48.0%)
- Typical home value: $511,111 (#9 most expensive city in metro)
#16. Lady Lake, FL
- 5-year price change: +$148,300 (+79.1%)
- Typical home value: $335,858 (#40 most expensive city in metro)
#15. Astor, FL
- 5-year price change: +$110,845 (+63.2%)
- Typical home value: $286,273 (#52 most expensive city in metro)
#14. Montverde, FL
- 5-year price change: +$235,611 (+67.4%)
- Typical home value: $584,994 (#5 most expensive city in metro)
#13. Zellwood, FL
- 5-year price change: +$103,807 (+87.8%)
- Typical home value: $221,986 (#58 most expensive city in metro)
#12. Holden Heights, FL
- 5-year price change: +$134,438 (+57.7%)
- Typical home value: $367,338 (#33 most expensive city in metro)
#11. Maitland, FL
- 5-year price change: +$159,956 (+55.1%)
- Typical home value: $450,352 (#19 most expensive city in metro)
#10. Belle Isle, FL
- 5-year price change: +$174,443 (+54.4%)
- Typical home value: $495,349 (#11 most expensive city in metro)
#9. Christmas, FL
- 5-year price change: +$227,865 (+81.2%)
- Typical home value: $508,635 (#10 most expensive city in metro)
#8. Winter Park, FL
- 5-year price change: +$172,335 (+63.6%)
- Typical home value: $443,498 (#21 most expensive city in metro)
#7. Edgewood, FL
- 5-year price change: +$168,221 (+58.8%)
- Typical home value: $454,360 (#18 most expensive city in metro)
#6. Oakland, FL
- 5-year price change: +$207,447 (+63.1%)
- Typical home value: $535,964 (#7 most expensive city in metro)
#5. Eatonville, FL
- 5-year price change: +$127,498 (+118.3%)
- Typical home value: $235,298 (#57 most expensive city in metro)
#4. Ferndale, FL
- 5-year price change: +$224,368 (+84.9%)
- Typical home value: $488,626 (#13 most expensive city in metro)
#3. Bay Hill, FL
- 5-year price change: +$279,823 (+57.7%)
- Typical home value: $764,849 (#3 most expensive city in metro)
#2. Lake Hart, FL
- 5-year price change: +$493,902 (+93.6%)
- Typical home value: $1,021,781 (#2 most expensive city in metro)
#1. Lake Buena Vista, FL
- 5-year price change: +$493,902 (data not available)
- Typical home value: $5,044,282 (#1 most expensive city in metro)