Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 30,835, 12,846 total housing units (homes and apartments), and a median house value of $808,095, Winter Park house prices are not only among the most expensive in Florida, Winter Park real estate also is some of the most expensive in all of America.
Single-family detached homes are the single most common housing type in Winter Park, accounting for 60.59% of the city's housing units. Other types of housing that are prevalent in Winter Park include large apartment complexes or high rise apartments ( 27.26%), row houses and other attached homes ( 6.35%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.61%).
The most prevalent building size and type in Winter Park are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.47% owning and 38.53% renting.
There is a lot of housing in Winter Park built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Winter Park built between 1940-1969 ( 34.72%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.95%). There's also some housing in Winter Park built before 1939 ( 4.66%).
Appreciation rates for homes in Winter Park have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 106.65%, which ranks in the top 30% nationwide. This equates to an annual average Winter Park house appreciation rate of 7.53%.
Over the last year, Winter Park appreciation rates have trailed the rest of the nation. In the last twelve months, Winter Park's appreciation rate has been 0.10%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Winter Park were at -0.82%, which equates to an annual appreciation rate of -3.24%.
Relative to Florida, our data show that Winter Park's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Winter Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Winter Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Winter Park real estate investment or home purchase decisions.
$808,095
for Florida
for nation
12,846
$2,552 / per month