Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Osceola County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $296,283 | $293,727 | $242,182 |
| Price Trend (Annual %) | 9.7% | 12.0% | 8.2% |
| Median Gross Rent | $1,651 | $1,564 | $1,342 |
| Rent Trend (Annual %) | 6.4% | 6.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Osceola County is about 1% higher than in Florida. Rent is about 6% higher than the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Osceola County, up about 9.7% and 6.4% a year respectively. Home prices are changing faster.
Median rent in Osceola County rose about 57.5% between 2015 and 2023, from $1,049 to $1,651. Over the same span, rent in Florida rose about 56.0%.
Affordability
On average, housing unit costs 4.3 yearly household incomes in Osceola County.
Buying the median-priced home in Osceola County costs roughly 15.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Osceola County. The price-to-rent ratio in Florida is about 15.7.
| Metric | Osceola County | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $296,283 | $293,727 | $242,182 |
| Median Household Income | $69,026 | $71,865 | $78,145 |
| Price-to-Income Ratio | 4.3 | 4.1 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Osceola County rose about 146.0%, while median household income rose about 49.1% between 2009 and 2023 — 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 | Osceola County | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.0% | 57.1% | 58.2% |
| Rental Rate | 27.0% | 27.7% | 31.3% |
| Vacancy Rate | 20.0% | 15.2% | 10.6% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Osceola County has a homeownership rate of 53.0%, lower than the Florida average of 57.1%. Its housing vacancy rate is 20.0%, compared with 15.2% in Florida.
Housing Stock
| Metric | Osceola County | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.08 people | 2.51 people | 2.54 people |
| Median Structure Built Year | 2000 | 1987 | 1978 |
| Median Number of Rooms | 5.5 | 5.2 | 5.5 |
The typical housing unit in Osceola County was built around 2000. On average, 3.1 people live in a home with about 5.5 rooms, staying for about 12.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Osceola County, Florida.
What is the median home price in Osceola County, Florida?
The median home price in Osceola County, Florida is $296,283, higher than the Florida average of $293,727.
What is the average home price in Osceola County, Florida?
The typical home price in %s, reported as the median sale price, is %s. 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 Osceola County, Florida?
The median gross rent in Osceola County, Florida is $1,651 per month, higher than the Florida average of $1,564.
What was the median gross rent in Osceola County in 2020?
In 2020, the median gross rent in Osceola County, Florida was $1,261 per month.
What is the price-to-rent ratio in Osceola County, Florida?
The price-to-rent ratio in Osceola County, Florida is about 15.0, meaning it would take roughly 15.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Osceola County.
Are home prices or rent rising faster in Osceola County, Florida?
Both home prices and rent are rising in Osceola County, up about 9.7% and 6.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Osceola County, Florida?
53.0% of households in Osceola County, Florida own their home, lower than the Florida average of 57.1%.
What is the vacancy rate in Osceola County, Florida?
The housing vacancy rate in Osceola County, Florida is 20.0%, higher than the Florida average of 15.2%.