Altamonte Springs, FL 32714 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Altamonte Springs, FL—32714

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$302,000

3.3% YoY Growth

Household Income

$67,300

30.0% YoY Growth

Days on Market

68

2.0% Longer YoY

Home Price Forecast

-0.7%

Median Rent

$1,600

5.0% YoY Growth

1-Bed Rent

$1,250

3.8% YoY Growth

2-Bed Rent

$1,600

0.6% YoY Growth

3-Bed Rent

$2,000

1.9% YoY Growth

Other Zip Codes in Altamonte Springs, FL

Home Price Trends — Altamonte Springs, FL

As of May '26, the median home price in Altamonte Springs, FL is $302,000, with a year-over-year change of -3.3%. This indicates that home prices in Altamonte Springs, FL are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$302,000	-3.3%
Single Family	$375,000	-1.8%
Condos	$164,000	-10.4%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

6.6%

1 Bedroom

26.2%

2 Bedrooms

45.3%

3 Bedrooms

18.6%

4 Bedrooms

3.0%

5+ Bedrooms

0.3%

Property Listings — Altamonte Springs, FL

As of May '26, Realtor.com reports that the median days on market for a home in Altamonte Springs, FL is 68. This is a increase of 2.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$222,000	-9.0%
Listing Count	200	-3.0%
Listings as % of Homes	0.5%	-3.0%
Days on Market	68	2.0%

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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%

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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%

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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%

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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