Market Overview
Kissimmee is just 18 miles due south of Orlando so as Orlando grows so does Kissimmee. St. Cloud is 9 miles east of Kissimmee and is also growing with Orlando’s growth. Centrally located, Kissimmee is 45 miles west of Melbourne. With nearby access to the Orlando Airport, a major international travel hub, Kissimmee offers a family lifestyle with more land for single family homes and attracts families and retirees who want to be near all the Orlando attractions.
Because Kissimmee is inland, it doesn’t get the breezes of the coastal towns but gets very humid. The warm summers last longer at almost 5 months with the daily temperatures in the high 80’s and low 90’s. The summer evenings are in the mid 70’s. The cool season is December through February with daily temperatures in the mid 70’s and lows in the 50’s.
Kissimmee’s population in 2017 was 71,104 with an annual growth rate of 2.54%. The job market is good and growing at 3.9% over last year. In ten years, the job growth is predicted to be 45.5%. While there are plentiful jobs in Kissimmee the annual salary is lower because most of those jobs are in the lower paying service industry. The cost of living is moderate. And the major employers are Walt Disney World Resort, JetBlue, the Golf Channel, University of Central Florida. There is a large technology workforce with UCF’s Institute for Simulation & Training and Electronic Arts – creator of the Madden NFL series video games and more.
With Kissimmee’s good job market, proximity to an international airport, warm weather and plentiful jobs, it is poised to continue it’s rapid growth as the suburban community to Orlando.
Real estate market data in Kissimmee
Average Monthly Rent:
$1,366
Percentage Change in Home Price/Value:
8.20%
Median Home Value:
$219,800
Best Time To Sell Home:
August
Affordability Index:
124.1
Days To Sell House:
78.17
Job Market:
Strong
Public School Ranking:
26
