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Winter Park real estate market overview
- Average Monthly Rent: $1,530
- Home Price/Value Percentage Change: -4.4%
- Median Home Value: $425,000
- Best Time To Sell a Home: April
- Affordability Index: 101
- Days To Sell a House: 50
- Job Market: Fair
- Public School Ranking: 18
Location and weather
Winter Park's upscale city is located in Orange County, near Orlando. This region is known to be family-friendly, and has a landscape that's primarily made up of lush parks. Along with being a nature-lover's ideal destination, it's also a hub for art and cultural events. Close proximity to Orlando gives residents and visitors easy access to some of the infamous tourist attractions located there as well.
Winter Park has hot, humid summers and mild winters, with around 52 inches of rain per year. The warmest month is in July, reaching an average high temperature of 92 degrees.
Population, job market and cost of living
Winter Park has a population of 29,937, with a negative growth rate of -0.98% annually.
The job market has increased by 3.9% over the last year. In ten years, job growth is predicted to be 47.7%. Winter Park was recently predicted to experience an economic hit due to COVID, but it maintained its sturdy job climate. As the home of Rollins College, there's also a large educational scene here that contributes to the economy. Other major industries are in legal services, architecture and engineering, management, and sciences.
Housing is the largest expense for residents of Winter Park, which contributes to its higher overall cost of living when compared to Florida's average.
Winter Park real estate market details
- Killarney Estates
- Golfside
- Windsong
- Garden Acres
- Virginia Heights
- College Quater
The average monthly rent is $1,530 for an average apartment size of 887 sq. feet.
There has been a -4.4% decrease in Winter Park's median home value over the last year. As of 2022, the median home value is $425,000.
On average, homes in Winter Park sell after 50 days on the market.
The best time to sell a home for the most profit in Winter Park is during April. The best time to sell in the shortest amount of time is during July.
The affordability index in Winter Park is 101. This number indicates increased affordability in this city.
The top ranked public schools are Orlando Science Middle/High Charter School, Winter Park High School, Orlando Gifted Academy, Dommerich Elementary School, Orlando Science Elementary Charter School and Lake Eola Charter School. This information derives from key statistics, parent and student reviews, and data from the US Department of Education.