2020 Housing Market Overview

Orlando Real Estate Market 2020

PLEASE NOTE: The information on this page was gathered before the Coronavirus impact. Things are changing on an hourly basis, and we are working to update our data and keep it current. In the meantime, please do not rely on the information on this page to be current.

Orlando Real Estate Market Overview

Metro population:
2.6 M
Median household income:
$42,418
Unemployment rate:
2.9%
Median home price*:
$231,000
Median monthly rent*:
$1,486
Orlando Real Estate Market Trends & Statistics 2020
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Interested in investing in the Orlando real estate market in 2020? On this page you’ll learn about the housing market forecast, trends and statistics to help you make that decision.

About Orlando

Orlando is the fourth largest city in the state of Florida and the 73rd largest city in the United States. Located in Florida’s “sun belt” region, this city is known for its warm climate, beautiful beaches, and even more so for its world famous amusement parks, entertainment, and attractions.

With a combined population of 2.6 million residents, Orlando’s real estate market is fueled by job seekers, baby boomer retirees, and students who want to live in a “cheap and cheerful” area that offers a high quality of living at a reasonable cost. For investors looking to invest in real estate, these are good signs.

This area has produced some impressive results for real estate investors already and this trend is likely to continue into 2020. To date, property prices are up, appreciation rates are increasing steadily, and the cost of living remains below the national average.

More Reasons To Love Orlando:

  • Orlando sees more than 68 million visitors annually, making it the most visited tourist destination in the country.
  • Rents grew by 2.5% in the last 12 months, which is higher than the national and state levels.
  • Orlando is the fourth fastest growing city in the U.S. Its population has grown over 20% since the year 2010 and is expected to grow an additional 2.67% in 2020, which means the demand for housing is likely to increase.
  • Amazon Fulfillment brought 4,000 jobs to Central Florida, making Orlando the current leader in job growth in the U.S.
  • Orlando was recently named the “hottest” single-family real estate market among the 50 largest US metro areas (Ten-X Research’s quarterly report). According to the report, Orlando has been elevated to the nation’s top market position due to limited supply, rising home values, ample jobs and income growth, especially in the leisure/hospitality sector.
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Major Employers in Orlando

Orlando Housing Market News

  • "Ranked #2 In America's Fastest Growing Cities" - Forbes
  • "#2 Best City for Future Job Growth" - Forbes
  • "One of 10 Great Cities for the 50+ Home Seeker" - AARP
  • "2016 Desination: Orlando" - Worth
  • "#1 Best City for First Time Home Buyers" - Business Insider
  • "#1 Best Family Vacation in the US" - US News

Property Teams

Property Team details can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealthNetwork.com

Sample properties

Sample properties can only be viewed in the Investor Portal, which can be accessed by RealWealth members who are logged in at Investor.RealWealthNetwork.com.

Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.

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