Altamonte Springs, FL—32714
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Altamonte Springs, FL
Home Price Trends — Altamonte Springs, FL
As of Oct '25, the median home price in Altamonte Springs, FL is $303,000, with a year-over-year change of -3.6%. This indicates that home prices in Altamonte 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 | $303,000 | -3.6% |
| Single Family | $371,000 | -3.1% |
| Condos | $173,000 | -10.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $133,000 | -11.9% |
2 Bed | $191,000 | -9.0% |
3 Bed | $330,000 | -3.2% |
4 Bed | $455,000 | -2.8% |
| 5 Bed | $580,000 | -1.2% |
% of Housing Stock
Rental Trends — Altamonte Springs, FL
As of July '25, Rentcast reports the average rent in Altamonte Springs, FL is $1,720, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Altamonte Springs, FL is studios: $1,130, 1-bedrooms: $1,250, 2-bedrooms: $1,600, 3-bedrooms: $2,080, 4-bedrooms: $3,360. The most common rental property sizes in Altamonte Springs, FL are 2-bedroom and 1-bedroom, accounting for 45.3% and 26.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,720 |
| Studio Rent | $1,080 | $1,130 |
| 1 Bed Rent | $1,250 | $1,250 |
| 2 Bed Rent | $1,600 | $1,600 |
| 3 Bed Rent | $2,000 | $2,080 |
| 4 Bed Rent | $2,450 | $3,360 |
% of Rental Stock
Property Listings — Altamonte Springs, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Altamonte Springs, FL is 69. 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $245,000 | -2.0% |
Listing Count | 182 | -10.0% |
| Listings as % of Homes | 0.5% | -10.0% |
Days on Market | 69 | 16.0% |
Demographics — Altamonte Springs, FL
As of the latest ACS Survey released in 2023, Altamonte Springs, FL has a population of 37,500, which has remained stable by 0.7% over the past 5 years. Altamonte Springs, FL is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 37.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,500 | 0.7% |
% Under 18 | 20.6% | 4.0% |
% Seniors | 14.6% | 10.6% |
% WFH | 16.3% | 232.7% |
% w/ College Degree | 37.2% | 3.0% |
As of the latest ACS Survey released in 2023, Altamonte Springs, FL is a predominantly white area, with 43.1% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Altamonte Springs, FL is hispanic, making up 31.5% of the population. Foreign-born residents account for 18.4% of the population in Altamonte Springs, FL, and this percentage has increased by 3.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 43.1% | -12.9% |
% Black | 18.6% | 29.2% |
% Hispanic | 31.5% | 3.3% |
% Asian | 2.5% | -13.8% |
% Foreign Born | 18.4% | 3.4% |
Mortgage and Risk — Altamonte Springs, FL
According to HUD data as of 2023, there were 506 mortgage originations in Altamonte Springs, FL, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Altamonte Springs, FL. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 506 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Altamonte Springs, FL
As of 2024, the percent of homes in Altamonte Springs, FL under the Section 8 program is 0.3%. 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 Altamonte 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 | 0.3% |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $550 | $1,250 | $1,800 |
| 2 Bedroom | $440 | $1,600 | $2,040 |
| 3 Bedroom | $590 | $2,000 | $2,590 |
| 4 Bedroom | $630 | $2,450 | $3,080 |
Affordability — Altamonte Springs, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.5 |
| Median Home Price | $303,000 |
| Median Household Income | $67,300 |