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North Orlando News

Monday, November 25, 2024

Rising home prices in Orlando in October 2020

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The median sale price of a home sold in October 2020 in Orlando rose by $23,000 while total sales decreased by 7.9%, according to BlockShopper.com.

In October 2020, there were 904 homes sold, with a median sale price of $240,000 - a 10.6% increase over the $217,000 median sale price for the same period of the previous year. There were 982 homes sold in Orlando in October 2019.

The median sales tax in Orlando for the most recent year with available data, 2019, was $2,073, approximately 0.9% of the median home sale price for October 2020.

The following table compares Orlando to other Orange County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Fairview Shores16160%$266,550$230,00015.9%
Apopka107115-7%$265,500$236,50012.3%
Ocoee654835.4%$265,000$241,2509.8%
Hunters Creek1424-41.7%$263,450$240,0009.8%
Meadow Woods3638-5.3%$250,000$246,2501.5%
Orlando904982-7.9%$240,000$217,00010.6%
Pine Castle712-41.7%$232,500$185,00025.7%
Oakland220%$224,200$143,10056.7%
Azalea Park1122-50%$223,000$167,50033.1%
Union Park1314-7.1%$199,900$212,450-5.9%
Paradise Heights42100%$195,200$291,900-33.1%

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