Mount Dora Real Estate Market Overview
Average Monthly Rent:
$1,047
Percentage Change in Home Price/Value:
3.50%
Median Home Value:
$245,679
Best Time To Sell Home:
December
Affordability Index:
109
Days To Sell House:
85.92
Job Market:
Strong
Public School Ranking:
26
Location and Weather
Mount Dora is a small charming town in central Florida, just 34 miles northwest of Orlando. Mount Dora resides near Trimble Park, and is full of antique shops and bed & breakfast inns. The downtown area also overlooks Lake Dora, an ideal place for boating, ecotourism and wildlife sightings. Mount Dora is home to one of three freshwater lighthouses in Florida. Known as the “Festival City”, Mount Dora has many festivals during the winter season.
Mount Dora summers are very warm, humid and long, while the winters are short and temperate. The summer temperatures are in the 90’s, with lows in the 70’s. Winter temperatures are in the high 60’s, with lows in the 50’s.
Population, Job Market and Cost of Living
The population of Mount Dora in 2018 was 14,216, with a growth rate of 2.50%. The job growth has increased by 3.92% over the last year and in ten years, is predicted to have increased by 51.22%. The major industries are in retail trade, healthcare, social assistance and education. The largest employer in Mount Dora is Lake County Public Schools. The cost of living is higher, due to the Mount Dora real estate market and scenic location.
With a thriving downtown area, an overlook of Lake Dora, increasing job growth, festivals and antique shows, Mount Dora will continue to attract families and retirees who want a small-town Florida lifestyle.
