Clermont, Florida Housing Market Prices
Clermont Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 56% above the Florida median$484,264
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Median rent 8% above the Florida median$1,795
Housing Market Overview
| Metric | Clermont | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $484,264 | $311,338 | $248,835 |
| Price Trend (Annual %) | 21.8% | 11.2% | 7.5% |
| Median Gross Rent | $1,795 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 5.5% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Clermont is about 56% higher than in Florida. Rent is about 8% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Clermont, up about 21.8% and 5.5% a year respectively. Home prices are changing faster.
Median rent in Clermont rose about 56.3% between 2015 and 2024, from $1,148 to $1,795. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 5.7 yearly household incomes in Clermont.
Buying the median-priced home in Clermont costs roughly 22.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clermont. The price-to-rent ratio in Florida is about 15.6.
| Metric | Clermont | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $484,264 | $311,338 | $248,835 |
| Median Household Income | $85,151 | $74,580 | $80,455 |
| Price-to-Income Ratio | 5.7 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Clermont rose about 238.6%, while median household income rose about 43.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Clermont | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 62.1% | 57.7% | 58.5% |
| Rental Rate | 30.2% | 27.7% | 31.2% |
| Vacancy Rate | 7.7% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Clermont has a homeownership rate of 62.1%, higher than the Florida average of 57.7%. Its housing vacancy rate is 7.7%, compared with 14.6% in Florida.
Housing Stock
| Metric | Clermont | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.78 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2001 | 1988 | 1978 |
| Median Number of Rooms | 6.1 | 5.2 | 5.5 |
The typical housing unit in Clermont was built around 2001. On average, 2.8 people live in a home with about 6.1 rooms, staying for about 11.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Clermont, Florida.
What is the median home price in Clermont, Florida?
The median home price in Clermont, Florida is $484,264, higher than the Florida average of $311,338.
What is the average home price in Clermont, Florida?
The typical home price in Clermont, Florida, reported as the median sale price, is $484,264. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Clermont, Florida?
The median gross rent in Clermont, Florida is $1,795 per month, higher than the Florida average of $1,668.
What was the median gross rent in Clermont in 2020?
In 2020, the median gross rent in Clermont, Florida was $1,426 per month.
What is the price-to-rent ratio in Clermont, Florida?
The price-to-rent ratio in Clermont, Florida is about 22.5, meaning it would take roughly 22.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Clermont.
Are home prices or rent rising faster in Clermont, Florida?
Both home prices and rent are rising in Clermont, up about 21.8% and 5.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Clermont, Florida?
62.1% of households in Clermont, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Clermont, Florida?
The housing vacancy rate in Clermont, Florida is 7.7%, lower than the Florida average of 14.6%.
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