Average Cost Of A 3 Bedroom House In Orlando Florida

Average Cost of a 3 Bedroom House in Orlando, Florida

Determining the average cost of a three-bedroom house in Orlando, Florida, requires consideration of several factors, including the specific location, size, and features of the property. The real estate market in Orlando is influenced by a combination of local and national economic conditions, making it essential to consult with local real estate professionals for up-to-date information.

According to data from Zillow, the median home price in Orlando as of December 2022 is approximately $355,000. This figure represents the midpoint of the home prices in the area, indicating that half of the homes are priced above this amount and half are priced below. However, it's important to note that the median price can vary significantly depending on the specific neighborhood and amenities within the home.

For three-bedroom houses specifically, the average cost in Orlando is estimated to be around $320,000 to $400,000. This range is based on factors such as the square footage, age of the home, and the presence of upgrades or desirable features. Houses in highly sought-after areas or with large backyards and pools tend to command a higher price.

Location plays a significant role in determining the cost of a home in Orlando. The city is divided into several distinct neighborhoods, each offering unique characteristics and amenities. Some of the most popular neighborhoods for families with three-bedroom homes include:

Lake Nona: Known for its excellent schools, parks, and proximity to Medical City, Lake Nona offers three-bedroom houses typically priced between $350,000 and $500,000.
Winter Garden: Located west of Orlando, Winter Garden is a charming suburb with a historic downtown area. Three-bedroom houses in this area range from $280,000 to $420,000, depending on the size and location.
Celebration: Developed by The Walt Disney Company, Celebration is a meticulously planned community with a distinct architectural style. Three-bedroom houses in Celebration tend to be priced higher, with an average range of $400,000 to $600,000.

It's worth noting that the cost of a three-bedroom house in Orlando can also be influenced by recent market trends and economic conditions. The real estate market is constantly evolving, and it's essential to stay informed about the latest developments.