Sell My House Fast in Altamonte Springs, Florida with an iBuyer

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Altamonte Springs Real Estate Market Overview

Average Monthly Rent:

$1,546

Percentage Change in Home Price/Value:

29.3%

Median Home Value:

$245,500

Best Time To Sell Home:

December

Affordability Index:

144

Days To Sell House:

52

Job Market:

Fair

Public School Ranking:

18

Location and Weather

Altamonte Springs is a wholesome, bustling suburb of Orlando located in the Seminole County area of central Florida. The tree-lined streets and charming character of Altamonte Springs help attract potential new residents, despite its hot weather and frequent rainfall. This city experiences seasonal variation in cloudy skies throughout the year, and has an average of 53 inches of rain per year.

Considering Altamonte Springs is one of the warmest cities in Florida, the short winter months are considered more pleasant than any other time of the year for residents and tourists.

Population, Job Market and Cost of Living

Altamonte Springs has a population of 43,912, with a declining growth rate of -0.18% annually. This job market has increased by 4.0% over the last year. In ten years, job growth is predicted to be 47.0%. Some of the larger industries here are management, business, finance, and computer-tech. The biggest employers are Adventist Health System, Travel Holdings, CCMC and E Foods. Altamonte Springs cost of living is lower than both the Florida and national average, making it a less expensive Floridian city.

Considering its smaller population size and quaint geographical layout, it’s evident why this city is more affordable than other areas of Orlando.

Hottest Neighborhoods:

Forest City, Oranole Rd., Orienta Gardens, Sanlando Springs and North Street

Average Monthly Rent in Altamonte Springs

The average monthly rent in Altamonte Springs is $1,546 for an average apartment size of 915 sq. feet.

Change in Home Value and Median Home Value

There has been a 29.3% increase in Altamonte Springs’s median home value over the last year. As of 2022, the median home value is $245,500.

Days to Sell a House

On average, homes in Altamonte Springs sell after 52 days on the market.

Best Time to Sell a House in Altamonte Springs

If you’re a homeowner concerned with making the most amount of money from your home sale, aim to sell during December. For those in need of a fast sale, data suggests selling in August.

Affordability Index

The affordability index in Altamonte Springs is 144. This number indicates high affordability in this city.

Altamonte Springs Public School Ranking

The top ranked public schools are Forest City Elementary, Lake Orienta Elementary, Teague Middle School, Altamonte Middle School and Lake Brantley High School. This information is based on the school’s combined math and reading proficiency data in testing.

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