Wildwood, Florida Housing Market Prices
Wildwood 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 4% above the Florida median$324,525
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Median rent 27% below the Florida median$1,218
Housing Market Overview
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $324,525 | $311,338 | $248,835 |
| Price Trend (Annual %) | 10.7% | 11.2% | 7.5% |
| Median Gross Rent | $1,218 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 4.9% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Wildwood is about 4% higher than in Florida. Rent is about 27% lower 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 Wildwood, up about 10.7% and 4.9% a year respectively. Home prices are changing faster.
Median rent in Wildwood rose about 48.0% between 2015 and 2024, from $823 to $1,218. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.2 yearly household incomes in Wildwood.
Buying the median-priced home in Wildwood costs roughly 22.2 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 Wildwood. The price-to-rent ratio in Florida is about 15.6.
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $324,525 | $311,338 | $248,835 |
| Median Household Income | $78,042 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.2 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Wildwood rose about 578.9%, while median household income rose about 97.8% 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 | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 70.3% | 57.7% | 58.5% |
| Rental Rate | 11.6% | 27.7% | 31.2% |
| Vacancy Rate | 18.0% | 14.6% | 10.2% |
| Median Tenure (years) | 11.0 | 13.0 | 15.0 |
| Median Year Moved In | 2015 | 2013 | 2011 |
Wildwood has a homeownership rate of 70.3%, higher than the Florida average of 57.7%. Its housing vacancy rate is 18.0%, compared with 14.6% in Florida.
Housing Stock
| Metric | Wildwood | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 1.92 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2006 | 1988 | 1978 |
| Median Number of Rooms | 5.1 | 5.2 | 5.5 |
The typical housing unit in Wildwood was built around 2006. On average, 1.9 people live in a home with about 5.1 rooms, staying for about 11.0 years on average.
Wildwood, FL Housing Compared With Nearby Cities
How Wildwood, FL compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Wildwood, FL | 20,550 | $324,525 #1/2 | $1,218 #2/2 | 85.8% #1/2 |
| Leesburg, FL | 22,742 | $232,431 | $1,238 | 68.2% |
Frequently Asked Questions
Common questions about the housing market in Wildwood, Florida.
What is the median home price in Wildwood, Florida?
The median home price in Wildwood, Florida is $324,525, higher than the Florida average of $311,338.
What is the average home price in Wildwood, Florida?
The typical home price in Wildwood, Florida, reported as the median sale price, is $324,525. 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 Wildwood, Florida?
The median gross rent in Wildwood, Florida is $1,218 per month, lower than the Florida average of $1,668.
What was the median gross rent in Wildwood in 2020?
In 2020, the median gross rent in Wildwood, Florida was $943 per month.
What is the price-to-rent ratio in Wildwood, Florida?
The price-to-rent ratio in Wildwood, Florida is about 22.2, meaning it would take roughly 22.2 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 Wildwood.
Are home prices or rent rising faster in Wildwood, Florida?
Both home prices and rent are rising in Wildwood, up about 10.7% and 4.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Wildwood, Florida?
70.3% of households in Wildwood, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Wildwood, Florida?
The housing vacancy rate in Wildwood, Florida is 18.0%, higher than the Florida average of 14.6%.
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