Orlando Housing Market Trends 2022 - Why Investors Love Orlando, Florida

Introduction

Orlando, Florida, is one of the fastest-growing cities in America. Its population has increased by over 300% since 1990, and it’s expected to continue growing at this rate for years. Orlando is a popular destination because it offers more affordable housing options than most other major cities in Florida. But how does Orlando’s real estate market stack up against other areas around the country? Many factors determine whether or not an area will be successful as an investment site: housing prices and rates have a direct impact on rental income; economic trends such as job growth provide crucial insight into where demand will be highest; etc. In this article, we'll explore these topics so that you can decide if Orlando's real estate market might be right for your next investment property purchase!

Housing Market in Orlando, Florida

The Orlando housing market is booming, and home values are increasing. Why do investors love Orlando, Florida?

• Orlando is the most visited city in Florida, so it attracts a lot of people from both domestic tourists and international travelers. It's also the second most visited city in the US and the third most visited city in the world!

• Orlando has a population of 2.4 million people! This means there are plenty of potential renters or buyers who would love living here and paying rent on an investment property.

Orlando Real Estate Market Forecast 2022

With a steady increase in home prices, Orlando housing is an excellent investment. The city has been named one of the top places to live in America by U.S. News and World Report and Forbes magazine, The typical home in Orlando is worth $365,589. That's 30.1% higher than last year when the average home was worth $272,996.

The median listing price of a home in Orlando is $367,000. That works out to roughly $225 per square foot.

Based on Realtor.com's latest report (April 2022), the median sold home price in Orlando is $370,000. The days on market (average) is roughly 24.

If you're looking to buy or sell in Orlando right now, you'll want to know that homes are selling slightly above their asking price—the sales-to-list price ratio is 100.59%. and others for its affordability and quality of life.

As an investor, you can expect to earn a profit from your property after just three years of ownership. With such short-term returns on investment coupled with low property taxes and insurance rates, it's not surprising that Orlando real estate continues to be attractive for investors who want a stable income stream with minimal risk over time.

For homeowners looking for an affordable place to live while they raise their families or travel abroad temporarily as part of their career path—or retirees who are looking for an active lifestyle without breaking the bank—Orlando offers exactly what they need: low crime rates combined with good schools and plenty of amenities nearby (including theme parks).

Orlando Mortgage Rate Trend Forecast

“As interest rates continue to rise, this indicates that the Orlando market might be starting to cool off,” says Tansey Soderstrom, Orlando Regional REALTOR® Association President. “With interest rates rising, it will be more challenging for some buyers, as their monthly house payments will be higher as well. However, overall demand remains strong, and homes continue to sell quickly.”

In addition, the Orlando housing market is expected to remain strong with more people moving to the area. With more people in need of housing, coupled with a growing economy and low unemployment rate, Orlando will continue to be an attractive place for both buyers and investors.

Top Reasons to Invest in Orlando’s Real Estate Market

There are many reasons to invest in Orlando’s real estate market. Here are just a few:

• Orlando is home to many Fortune 500 companies, including Walt Disney World, Universal Studios, and SeaWorld Entertainment. These companies all have their headquarters in Orlando—a city quickly becoming one of the most popular tourist destinations in Florida. Because of this, demand for housing has risen dramatically and continues to grow as more people move into the area.

• The job market has remained strong, with unemployment at 4%, which is lower than the national average of 5%. This makes it an ideal place for business owners looking to relocate or start a new company while also providing good options for potential investors who want steady returns on their investments over time due to job growth trends seen thus far within this industry sector alone (it's not just Disney!).

In addition, people are always looking for a place where they can live and work. Orlando offers this with an abundance of housing options ranging from condos to single-family homes (including new construction), so there's something for everyone! Whether renting out your home as an investment property or flipping houses with renovations, one thing remains clear: investing here is profitable because there's always someone looking to buy what you have on the market.

How to Find the Best Homes for Sale in Orlando?

How to Find the Best Homes for Sale in Orlando?

The best way to find the best homes for sale in Orlando is by checking out the local MLS listings. Many websites provide access to all available properties and their details, such as photos and descriptions. Some sites, such as Token Realty, will even let you create your search criteria to narrow down your options based on price range, property type, or location. Go ahead, and try it today; creating an account is fast and simple, with 1-click registration located on the top right of the navigation on Token Realty.

Diversify your real estate portfolio with a turnkey investment property in Orlando, Florida.

You can enjoy the best of both worlds by investing in Orlando. This thriving city has all the charm and beauty you would expect from a Florida beach town, making it an ideal place to live or visit. However, thanks to its perfect location between Tampa Bay and Disney World, it's also home to a thriving economy attracting more people every day. If you're looking for turnkey investments with solid returns on your investment dollar and want to diversify your portfolio with properties outside of larger markets like Los Angeles or New York City, then Orlando is one market you need to consider as part of your real estate investment strategy!

Conclusion

With a growing population, increasing job opportunities, and historically low mortgage rates, Orlando’s real estate market is a great investment opportunity. The area offers investors the best of both worlds: affordability and strong returns. If you're looking for an affordable place to live or invest in, then Orlando may be just what you need! Be sure to sign up for a free account on Token Realty and set up an automatic search with your favorite criteria today. One of our friendly real estate agents will be more than happy to assist you with finding your dream home today!