Market Overview
Location and Weather
Port Orange is 6 miles from Daytona Beach and 48 miles from Orlando. It has an award-winning municipal complex for cultural and sports events. Riverwalk Park is also a popular attraction in Port Orange and even includes a kayak launch. For 34 consecutive years, the city has received the Tree City USA award by the National Arbor Day Foundation.
In Port Orange, the summers are warm and long, while the winters are short and temperate. The summer temperatures are in the high 80’s, with lows in the 70’s. The winter temperatures are in the 70’s, with lows in the 50’s.
Population, Job Market and Cost of Living
The Port Orange population in 2018 was 64,252, with a growth rate of 1.79%. The job growth has increased by 2.01% over the last year and in ten years, is predicted to have increased by 43.38%. The major industries are in healthcare, social assistance, retail trade, accommodations and food services. The largest employers are US Foods Inc, Raydon Corp., and Thompson Pump & Manufacturing Co. The cost of living is low, due to the Port Orange real estate market and cost of available housing.
With a variety of outdoor venues, proximity to Daytona Beach, mild winters, good job growth, diversity industries and low cost of living, Port Orange will continue to attract both retirees and families.
Real estate market data in Port Orange
Average Monthly Rent:
$1,239
Percentage Change in Home Price/Value:
5.30%
Median Home Value:
$239,372
Best Time To Sell Home:
October
Affordability Index:
129
Days To Sell House:
76.71
Job Market:
Fair
Public School Ranking:
26
