Pine Hills, FL 32808 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Pine Hills, FL—32808

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$257,000

7.4% YoY Growth

Household Income

$47,600

35.2% YoY Growth

Days on Market

38.0% Longer YoY

Home Price Forecast

1.3%

Median Rent

$1,800

1.1% YoY Growth

1-Bed Rent

$1,100

16.0% YoY Growth

2-Bed Rent

$1,600

0.6% YoY Growth

3-Bed Rent

$1,920

1.5% YoY Growth

Home Price Trends — Pine Hills, FL

As of Dec '25, the median home price in Pine Hills, FL is $257,000, with a year-over-year change of -7.4%. This indicates that home prices in Pine Hills, FL are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$257,000	-7.4%
Single Family	$266,000	-7.3%
Condos	$155,000	-12.9%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Pine Hills, FL

As of July '25, Rentcast reports the average rent in Pine Hills, FL is $1,800, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Pine Hills, FL is studios: $974, 1-bedrooms: $1,160, 2-bedrooms: $1,600, 3-bedrooms: $1,950, 4-bedrooms: $2,320. The most common rental property sizes in Pine Hills, FL are 2-bedroom and 3-bedroom, accounting for 37.7% and 24.7% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$1,800
Studio Rent	$995	$974
1 Bed Rent	$1,100	$1,160
2 Bed Rent	$1,600	$1,600
3 Bed Rent	$1,920	$1,950
4 Bed Rent	$2,240	$2,320

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% of Rental Stock

Studio

4.3%

1 Bedroom

24.6%

2 Bedrooms

37.7%

3 Bedrooms

24.7%

4 Bedrooms

8.1%

5+ Bedrooms

0.5%

Property Listings — Pine Hills, FL

As of Dec '25, Realtor.com reports that the median days on market for a home in Pine Hills, FL is 72. This is a increase of 66.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$269,000	-5.0%
Listing Count	193	-7.0%
Listings as % of Homes	0.8%	-7.0%
Days on Market	75	38.0%

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Demographics — Pine Hills, FL

As of the latest ACS Survey released in 2023, Pine Hills, FL has a population of 61,100, which has increased by 6.4% over the past 5 years. Pine Hills, FL is a popular place for families, as children make up 29.3% of the population. The area has a poorly educated workforce, with 11.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	61,100	6.4%
% Under 18	29.3%	6.9%
% Seniors	10.6%	7.1%
% WFH	8.7%	443.7%
% w/ College Degree	11.8%	-4.8%

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As of the latest ACS Survey released in 2023, Pine Hills, FL is a predominantly black area, with 72.8% of the population identifying as black. The black population has grown by 8.0% in the last 5 years. The second most common race or ethnicity in Pine Hills, FL is hispanic, making up 13.1% of the population. Foreign-born residents account for 25.3% of the population in Pine Hills, FL, and this percentage has increased by 12.9% 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	9.6%	-17.2%
% Black	72.8%	8.0%
% Hispanic	13.1%	-22.0%
% Asian	1.6%	-23.8%
% Foreign Born	25.3%	12.9%

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Mortgage and Risk — Pine Hills, FL

According to HUD data as of 2023, there were 649 mortgage originations in Pine Hills, FL, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Pine Hills, FL. Investor activity is low, as 2.0% 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	649
% Conventional Loans	54.0%
% Government Loans	46.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Pine Hills, FL

As of 2024, the percent of homes in Pine Hills, FL under the Section 8 program is 8.5%. 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 Pine Hills, 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	1,148
Total Units Section 8	975
% Rentals under Section 8	8.5%
% Occupied Section 8	91.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$380	$1,100	$1,480
2 Bedroom	$80	$1,600	$1,680
3 Bedroom	$210	$1,920	$2,130
4 Bedroom	$330	$2,240	$2,570

Pine Hills, FL—32808

Key Metrics at a Glance

Home Price Trends — Pine Hills, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pine Hills, FL

% of Rental Stock

Property Listings — Pine Hills, FL

Demographics — Pine Hills, FL

Race and Ethnicity

Mortgage and Risk — Pine Hills, FL

Mortgages

Rentals and Section 8 — Pine Hills, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pine Hills, FL

Home Price to Income Ratio

Pine Hills, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Hiawassee, Orlando, FL

Lockhart, Orlando, FL

College Park, Orlando, FL

Washington Shores, Orlando, FL

Florida Center North, Orlando, FL

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$257,000
Median Household Income	$47,600

Pine Hills, FL—32808

Key Metrics at a Glance

Home Price Trends — Pine Hills, FL

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Pine Hills, FL

% of Rental Stock

Property Listings — Pine Hills, FL

Demographics — Pine Hills, FL

Race and Ethnicity

Mortgage and Risk — Pine Hills, FL

Mortgages

Rentals and Section 8 — Pine Hills, FL

Section 8 Market Size

Section 8 Opportunity

Affordability — Pine Hills, FL

Home Price to Income Ratio

Pine Hills, FL — ZIP Code Boundary Map

Nearby ZIP Codes

Hiawassee, Orlando, FL

Lockhart, Orlando, FL

College Park, Orlando, FL

Washington Shores, Orlando, FL

Florida Center North, Orlando, FL

Frequently Asked Questions

What is the average home price in Pine Hills, FL 32808?

How have home prices in Pine Hills, FL 32808 changed over the past year?

What is the home price projection for Pine Hills, FL 32808?

What are the demographics of Pine Hills, FL 32808?

How long does it take homes to sell in Pine Hills, FL 32808?

What is the average rent price in Pine Hills, FL 32808?