Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $350,091 in September, 2.1% higher than the year before.
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High mortgage rates are also making monthly payments more expensive; as of Oct. 19, the 30-year fixed mortgage rate sits at 7.63%.
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Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in Orlando using data from Zillow. The charts show the monthly typical home value since January 2018.
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#30. Groveland, FL
- Typical home value: $376,448
- 1-year price change: -3.1%
- 5-year price change: +59.8%
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#29. Mount Dora, FL
- Typical home value: $384,073
- 1-year price change: -0.6%
- 5-year price change: +58.8%
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#28. Apopka, FL
- Typical home value: $392,085
- 1-year price change: +0.5%
- 5-year price change: +63.7%
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#27. Saint Cloud, FL
- Typical home value: $405,789
- 1-year price change: -1.8%
- 5-year price change: +62.0%
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#26. Ocoee, FL
- Typical home value: $416,020
- 1-year price change: +2.3%
- 5-year price change: +67.1%
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#25. Sorrento, FL
- Typical home value: $417,107
- 1-year price change: +0.5%
- 5-year price change: +63.1%
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#24. Conway, FL
- Typical home value: $417,296
- 1-year price change: +3.1%
- 5-year price change: +61.9%
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#23. Howey in the Hills, FL
- Typical home value: $423,662
- 1-year price change: +0.0%
- 5-year price change: +65.3%
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#22. Clermont, FL
- Typical home value: $425,867
- 1-year price change: -0.5%
- 5-year price change: +64.1%
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#21. Winter Springs, FL
- Typical home value: $427,262
- 1-year price change: +2.9%
- 5-year price change: +62.9%
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#20. Winter Park, FL
- Typical home value: $447,590
- 1-year price change: +2.8%
- 5-year price change: +59.0%
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#19. Longwood, FL
- Typical home value: $449,547
- 1-year price change: +2.8%
- 5-year price change: +63.9%
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#18. Edgewood, FL
- Typical home value: $453,859
- 1-year price change: +2.4%
- 5-year price change: +63.7%
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#17. Maitland, FL
- Typical home value: $455,961
- 1-year price change: +4.3%
- 5-year price change: +56.2%
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#16. Lake Mary, FL
- Typical home value: $467,468
- 1-year price change: +2.7%
- 5-year price change: +57.4%
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#15. Gotha, FL
- Typical home value: $472,829
- 1-year price change: +2.1%
- 5-year price change: +62.2%
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#14. Bithlo, FL
- Typical home value: $493,473
- 1-year price change: +1.3%
- 5-year price change: +65.9%
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#13. Oviedo, FL
- Typical home value: $499,043
- 1-year price change: +3.2%
- 5-year price change: +65.0%
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#12. Wedgefield, FL
- Typical home value: $499,464
- 1-year price change: +1.4%
- 5-year price change: +65.2%
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#11. Ferndale, FL
- Typical home value: $499,990
- 1-year price change: +2.4%
- 5-year price change: +74.6%
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#10. Christmas, FL
- Typical home value: $501,872
- 1-year price change: +1.9%
- 5-year price change: +74.5%
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#9. Belle Isle, FL
- Typical home value: $507,180
- 1-year price change: +3.4%
- 5-year price change: +61.0%
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#8. Doctor Phillips, FL
- Typical home value: $520,706
- 1-year price change: +3.4%
- 5-year price change: +55.8%
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#7. Oakland, FL
- Typical home value: $544,299
- 1-year price change: +2.3%
- 5-year price change: +66.0%
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#6. Geneva, FL
- Typical home value: $557,059
- 1-year price change: +3.7%
- 5-year price change: +65.9%
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#5. Winter Garden, FL
- Typical home value: $572,225
- 1-year price change: +1.2%
- 5-year price change: +72.3%
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#4. Montverde, FL
- Typical home value: $580,920
- 1-year price change: +1.2%
- 5-year price change: +69.1%
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#3. Windermere, FL
- Typical home value: $687,756
- 1-year price change: +2.6%
- 5-year price change: +68.6%
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#2. Bay Hill, FL
- Typical home value: $797,134
- 1-year price change: +3.4%
- 5-year price change: +57.4%
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#1. Lake Hart, FL
- Typical home value: $1,079,967
- 1-year price change: +2.5%
- 5-year price change: +79.4%
This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 379 metros.