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Mount Dora real estate market overview
- Average Monthly Rent: $1,192
- Home Price/Value Percentage Change: 22.2%
- Median Home Value: $393,500
- Best Time To Sell a Home: May
- Affordability Index: 130
- Days To Sell a House: 48
- Job Market: Fair
- Public School Ranking: 18
Location and weather
Located just an hour from Orlando sits the pristine city of Mount Dora. This city resides in the central region of Florida, along Lake Doral. This refined community offers tons of green space and waterfront views, attracting visitors and potential residents year-round. Mount Dora is rich with culture, and provides its residents with old Florida country living.
This city's weather is warm year-round and receives 51 inches of rain per year. Temperature wise, Mount Dora is considered to be a more comfortable city to live in.
Population, job market and cost of living
Mount Dora has a small population of 15,455, with a growth rate of 2.07% annually.
The job market has increased by 3.9% over the last year. In ten years, job growth is predicted to be 51.2%. The downtown area here is made up of country-style inns, boutique shops, galleries, wineries, and great eats. This sector of the city is one of the main contributors to the job market here. Mount Dora is expanding, as its main objective is to become Lake County's top performing economy in the near future.
Life in Mount Dora is slightly less expensive than most Floridian cities. Housing is one of the larger expenses of this city's cost of living, as there's plenty of waterfront real estate opportunity here.
Mount Dora real estate market details
- Country Club of Mout Dora
- Dora Parc
- Historic District
- Boat House Row
- Chautauqua
- Chesterhill
The average monthly rent in Mount Dora is $1,192 for an average apartment size of 872 sq. feet.
There has been a 22.2% increase in Mount Dora's median home value over the last year. As of 2022, the median home value is $393,500.
On average, homes in Mount Dora sell after 48 days on the market.
The best time to sell a home in Mount Dora is during the month of May. The best time to sell a home in the shortest amount of time is during October.
The affordability index in Mount Dora is 130. This number indicates increased affordability in this city.
The top ranked public schools are Imagine Schools South Lake, Cypress Ridge Elementary School, Round Lake Elementary School, Eustis High School, and Seminole Springs Elementary School. This information is based on key statistics, parent and student reviews, and data from the US Department of Education.