Port Orange Real Estate Market Overview
Average Monthly Rent:
$1,502
Percentage Change in Home Price/Value:
26%
Median Home Value:
$359,000
Best Time To Sell Home:
August
Affordability Index:
140
Days To Sell House:
48
Job Market:
Fair
Public School Ranking:
18
Location and Weather
The city of Port Orange has a scenic location on the Atlantic coast in Volusia County, just south of Daytona Beach. Also known as The River District, this city is a well-planned residential development that has received the Tree City USA award for 34 consecutive years. This award represents the city’s dedication to protecting their trees, which is certainly important considering the abundance of waterfront parks, playgrounds, and trails that are utilized by residents here.
Port Orange’s climate boasts over 200 days of sun, and 50 inches of rain per year. Overall, it’s described as a more comfortable city to live in due to its tolerable temperatures.
Population, Job Market and Cost of Living
Port Orange’s population is 67,203, with a growth rate of 1.18% annually. The job market has increased by 2.0% over the last year. In ten years, job growth rate is predicted to be 43.3%. Although there are many small, family owned businesses, the economy is diverse and the job market is expanding. Large employers, like Don Bell Signs, Volusia County Public Schools and CountrySide Lakes headquarters are located here. The primary industries here are health care, social assistance, retail trade, accommodation and food services, and educational services.
Similar to many Floridian cities, tourism is also an industry that accounts for a large portion of the job opportunity here. This is an affordable city to live in, and has a lower average cost of housing compared to Florida’s average.