Sanford, FL—32773
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Sanford, FL
Home Price Trends — Sanford, FL
As of Oct '25, the median home price in Sanford, FL is $308,000, with a year-over-year change of -6.6%. This indicates that home prices in Sanford, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $308,000 | -6.6% |
| Single Family | $317,000 | -6.5% |
| Condos | $151,000 | -14.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $135,000 | -12.3% |
2 Bed | $220,000 | -7.6% |
3 Bed | $310,000 | -6.9% |
4 Bed | $432,000 | -4.0% |
| 5 Bed | $548,000 | -2.5% |
% of Housing Stock
Rental Trends — Sanford, FL
As of July '25, Rentcast reports the average rent in Sanford, FL is $1,960, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Sanford, FL is studios: $1,240, 1-bedrooms: $1,280, 2-bedrooms: $1,640, 3-bedrooms: $2,100, 4-bedrooms: $2,410. The most common rental property sizes in Sanford, FL are 2-bedroom and 3-bedroom, accounting for 34.5% and 33.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,930 | $1,960 |
| Studio Rent | $1,200 | $1,240 |
| 1 Bed Rent | $1,300 | $1,280 |
| 2 Bed Rent | $1,600 | $1,640 |
| 3 Bed Rent | $2,100 | $2,100 |
| 4 Bed Rent | $2,290 | $2,410 |
% of Rental Stock
Property Listings — Sanford, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sanford, FL is 58. This is a increase of 33.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $354,000 | 3.0% |
Listing Count | 165 | -14.0% |
| Listings as % of Homes | 0.8% | -14.0% |
Days on Market | 58 | 33.0% |
Demographics — Sanford, FL
As of the latest ACS Survey released in 2023, Sanford, FL has a population of 33,200, which has increased by 7.2% over the past 5 years. Sanford, FL is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 23.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,200 | 7.2% |
% Under 18 | 21.1% | -12.8% |
% Seniors | 12.8% | 8.5% |
% WFH | 16.5% | 345.9% |
% w/ College Degree | 23.7% | 12.9% |
As of the latest ACS Survey released in 2023, Sanford, FL is a predominantly white area, with 43.1% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Sanford, FL is hispanic, making up 26.0% of the population. Foreign-born residents account for 16.7% of the population in Sanford, FL, and this percentage has increased by 17.6% 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% | -3.8% |
% Black | 21.4% | 5.9% |
% Hispanic | 26.0% | -13.9% |
% Asian | 6.6% | 43.5% |
% Foreign Born | 16.7% | 17.6% |
Mortgage and Risk — Sanford, FL
According to HUD data as of 2023, there were 662 mortgage originations in Sanford, FL, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Sanford, FL. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 662 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Sanford, FL
As of 2024, the percent of homes in Sanford, FL under the Section 8 program is 5.1%. 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 Sanford, 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 | 268 |
Total Units Section 8 | 268 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 86.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $1,300 | $1,580 |
| 2 Bedroom | $190 | $1,600 | $1,790 |
| 3 Bedroom | $170 | $2,100 | $2,270 |
| 4 Bedroom | $420 | $2,290 | $2,710 |
Affordability — Sanford, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $308,000 |
| Median Household Income | $63,500 |