Market Overview
Location and Weather
St Cloud is on the southern shore of the 11,968-acre lake, East Lake Tohopekaliga, in Central Florida. It’s 26 miles southeast of Orlando and 45 miles northwest of Melbourne. With its quaint historic downtown, featuring Spanish Revival buildings, antiques shops, boutiques and restaurants, St. Cloud offers a variety of activities for residents and visitors.
In St. Cloud the summers are 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. The winter temperatures are in the 70’s, with lows in the 50’s.
Population, Job Market and Cost of Living
St. Cloud’s population in 2018 was 54,115, with a growth rate of 4.98%. The job growth has increased by 3.88% over the last year and in ten years, is predicted to have increased by 57.12%. The major industries are in retail trade, healthcare, social assistance and education. The largest employers are CentraCare Health Systems, St. Cloud VA Care Health System, and St. Cloud Area School District. Electrolux Home Products is also a major manufacturing employer in St. Cloud. The cost of living is average, due to the St. Cloud real estate market and cost of available housing.
With a central Florida location, not far from Orlando and the east coast beaches, significant job opportunities in industries such as manufacturing, many outdoor recreation venues and a quaint, historic downtown area, St. Cloud will continue to attract workers and their families who want a suburban lifestyle near a big city.
Real estate market data in St Cloud
Average Monthly Rent:
$1,396
Percentage Change in Home Price/Value:
4.80%
Median Home Value:
$253,959
Best Time To Sell Home:
December
Affordability Index:
155
Days To Sell House:
79
Job Market:
Strong
Public School Ranking:
26
