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Port Orange real estate market overview
- Average Monthly Rent: $1,502
- Home Price/Value Percentage Change: 26%
- Median Home Value: $359,000
- Best Time To Sell a Home: August
- Affordability Index: 140
- Days To Sell a 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.
Port Orange real estate market details
- Sanctuary on Spruce Creek
- Spruce Creek Fly In
- Waters Edge
- Sabal Creek
- Cypress Head
The average monthly rent is $1,502 for an average apartment size of 934 sq. feet.
There has been a 26% increase in Port Orange's median home value over the last year. As of 2022, the median home value is $359,000.
On average, homes in Port Orange sell after 48 days on the market.
The best time to sell a home for the most profit is during August. The best time to sell a home for the quickest sale is in May.
The affordability index in Port Orange is 140. This number indicates high affordability in this city.
The top ranked public schools are Sweetwater Elementary School, Port Orange Elementary School, Creekside Middle School, Silver Sands Middle School, Spruce Creek High School and Atlantic High School. This information is based on data measuring academic performance and equity.