Mount Dora, FL—32757
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Dora, FL
As of Oct '25, the median home price in Mount Dora, FL is $391,000, with a year-over-year change of -1.8%. This indicates that home prices in Mount Dora, 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 | $391,000 | -1.8% |
| Single Family | $397,000 | -2.0% |
| Condos | $244,000 | -0.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $172,000 | -1.1% |
2 Bed | $282,000 | -1.4% |
3 Bed | $371,000 | -1.9% |
4 Bed | $468,000 | -1.5% |
| 5 Bed | $577,000 | -1.7% |
% of Housing Stock
Rental Trends — Mount Dora, FL
As of July '25, Rentcast reports the average rent in Mount Dora, FL is $2,060, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Mount Dora, FL is studios: $958, 1-bedrooms: $1,380, 2-bedrooms: $1,960, 3-bedrooms: $2,260, 4-bedrooms: $2,630. The most common rental property sizes in Mount Dora, FL are 2-bedroom and 3-bedroom, accounting for 42.8% and 24.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,060 |
| Studio Rent | $600 | $958 |
| 1 Bed Rent | $1,300 | $1,380 |
| 2 Bed Rent | $1,850 | $1,960 |
| 3 Bed Rent | $2,180 | $2,260 |
| 4 Bed Rent | $2,500 | $2,630 |
% of Rental Stock
Property Listings — Mount Dora, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Dora, FL is 72. This is a increase of 19.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $445,000 | 1.0% |
Listing Count | 283 | 3.0% |
| Listings as % of Homes | 1.2% | 3.0% |
Days on Market | 72 | 19.0% |
Demographics — Mount Dora, FL
As of the latest ACS Survey released in 2023, Mount Dora, FL has a population of 32,700, which has increased by 22.6% over the past 5 years. Mount Dora, FL is a moderately popular place for families, as children make up 19.0% of the population. The area has a moderately educated workforce, with 35.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 32,700 | 22.6% |
% Under 18 | 19.0% | 11.1% |
% Seniors | 27.4% | -3.2% |
% WFH | 17.1% | 163.1% |
% w/ College Degree | 35.9% | 22.5% |
As of the latest ACS Survey released in 2023, Mount Dora, FL is a predominantly white area, with 64.3% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Mount Dora, FL is hispanic, making up 20.0% of the population. Foreign-born residents account for 9.9% of the population in Mount Dora, FL, and this percentage has increased by 20.7% 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 | 64.3% | -7.2% |
% Black | 12.4% | -1.6% |
% Hispanic | 20.0% | 41.8% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 9.9% | 20.7% |
Mortgage and Risk — Mount Dora, FL
According to HUD data as of 2023, there were 1070 mortgage originations in Mount Dora, FL, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Mount Dora, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,070 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Mount Dora, FL
As of 2024, the percent of homes in Mount Dora, FL under the Section 8 program is 3.2%. 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. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Mount Dora, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 128 |
Total Units Section 8 | 128 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $1,300 | $1,500 |
| 2 Bedroom | -$150 | $1,850 | $1,700 |
| 3 Bedroom | -$20 | $2,180 | $2,160 |
| 4 Bedroom | $70 | $2,500 | $2,570 |
Affordability — Mount Dora, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $391,000 |
| Median Household Income | $73,300 |