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Increase in Orlando Home Prices

The March-April issue of “Orlando Realtor,” published by the Orlando Regional Realtor Association (ORRA) revealed their compilation of median home price increases from 2015 to 2016, organized by zip code. Interestingly, a significant number of the top 10 performing zip codes have median home prices that are below the current first-time affordability index median price of $183,000. Bruce Elliot, President of ORRA, said of this phenomenon “The dramatic percentage of increase within this price range from one year to the next speaks to the demand – and the lack of availability – of homes for the first-time buyers who are so important to the health of a real estate market.”

ORLANDO TOP 10 ZIP CODES BY PRICE INCREASE
Rank Zip 2015 Median 2016 Median % Increase
1 32808 $65,000 $92,000 42%
2 32809 $94,750 $132,900 40%
3 34760 $186,500 $256,500 38%
4 32818 $125,000 $155,000 24%
5 32773 $115,000 $142,250 24%
6 32810 $110,500 $135,000 22%
7 32789 $356,800 $435,000 22%
8 32805 $51,000 $61,500 21%
9 32771 $163,000 $196,000 20%
10 32792 $169,000 $202,000 20%
Grande Realty Group

PATTY VISCONTI
Owner/Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson
Broker

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

Patty Visconti - Grande Realty Group

PATTY VISCONTI
Owner/Realtor

Phone- 407-234-8426

Fax- 407-641-8627

patty@grgorlando.com

Erin Hudson - Grande Realty Group

Erin Hudson
Broker

Phone- 407-694-3489

Fax- 407-641-8627

erin@grgorlando.com

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