Winter Springs, FL—32708
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Winter Springs, FL
As of Oct '25, the median home price in Winter Springs, FL is $422,000, with a year-over-year change of -3.8%. This indicates that home prices in Winter Springs, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | -3.8% |
| Single Family | $429,000 | -4.0% |
| Condos | $194,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $147,000 | -9.8% |
2 Bed | $248,000 | -7.5% |
3 Bed | $378,000 | -4.3% |
4 Bed | $558,000 | -2.4% |
| 5 Bed | $758,000 | -1.2% |
% of Housing Stock
Rental Trends — Winter Springs, FL
As of July '25, Rentcast reports the average rent in Winter Springs, FL is $2,280, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Winter Springs, FL is 1-bedrooms: $1,500, 2-bedrooms: $1,740, 3-bedrooms: $2,230, 4-bedrooms: $2,990. The most common rental property sizes in Winter Springs, FL are 2-bedroom and 3-bedroom, accounting for 36.1% and 33.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,200 | $2,280 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,720 | $1,740 |
| 3 Bed Rent | $2,250 | $2,230 |
| 4 Bed Rent | $2,650 | $2,990 |
% of Rental Stock
Property Listings — Winter Springs, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Winter Springs, FL is 60. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $419,000 | -2.0% |
Listing Count | 167 | -7.0% |
| Listings as % of Homes | 0.8% | -7.0% |
Days on Market | 60 | 16.0% |
Demographics — Winter Springs, FL
As of the latest ACS Survey released in 2023, Winter Springs, FL has a population of 48,000, which has increased by 7.2% over the past 5 years. Winter Springs, FL is a moderately popular place for families, as children make up 19.9% of the population. The area has a highly educated workforce, with 46.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,000 | 7.2% |
% Under 18 | 19.9% | 3.1% |
% Seniors | 19.7% | 15.9% |
% WFH | 19.1% | 122.1% |
% w/ College Degree | 46.7% | 9.6% |
As of the latest ACS Survey released in 2023, Winter Springs, FL is a predominantly white area, with 63.2% of the population identifying as white. The white population has shrunk by 5.0% in the last 5 years. The second most common race or ethnicity in Winter Springs, FL is hispanic, making up 22.9% of the population. Foreign-born residents account for 10.9% of the population in Winter Springs, FL, and this percentage has decreased by 18.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.2% | -5.0% |
% Black | 6.4% | 23.1% |
% Hispanic | 22.9% | 13.9% |
% Asian | 4.3% | -17.3% |
% Foreign Born | 10.9% | -18.0% |
Mortgage and Risk — Winter Springs, FL
According to HUD data as of 2023, there were 894 mortgage originations in Winter Springs, FL, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Winter Springs, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 894 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Winter Springs, FL
As of 2024, the percent of homes in Winter Springs, FL under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Winter Springs, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 26 |
Total Units Section 8 | 26 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $340 | $1,500 | $1,840 |
| 2 Bedroom | $370 | $1,720 | $2,090 |
| 3 Bedroom | $400 | $2,250 | $2,650 |
| 4 Bedroom | $510 | $2,650 | $3,160 |
Affordability — Winter Springs, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $422,000 |
| Median Household Income | $87,900 |