Orlando, FL

Population: 255,483
Average annual home appreciation rate: 20.92%
Total of homes for sale in this market: 2,573
Median home price: $212,047
Median Rent: $1,128 per room
Home price range: 33.14% of homes are between $128,001 – $256,000
Median sales price: $85,750
Number of homes: 5,435
Median foreclosure sales price: $111,650
Foreclosure discount: N/A
Most common home type: 48.83% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 17.49%
Number of renters: 61.68%
Number of owner occupied: 38.32%
Number people living below poverty level: 19.15%
Unemployment rate: 4.70%
Is this area perfect for real estate deals going on right now? Importantly, NeighborhoodScout’s exclusive research found that Orlando’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength. Low home prices, higher appreciation, lot’s of zombie/vacant properties available… This could be a perfect storm for savvy investors.

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