Sorrento, FL—32776
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sorrento, FL
As of Oct '25, the median home price in Sorrento, FL is $414,000, with a year-over-year change of -2.1%. This indicates that home prices in Sorrento, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $414,000 | -2.1% |
| Single Family | $414,000 | -2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $265,000 | -3.3% |
3 Bed | $369,000 | -2.4% |
4 Bed | $496,000 | -2.0% |
| 5 Bed | $631,000 | -2.5% |
% of Housing Stock
Rental Trends — Sorrento, FL
As of July '25, Rentcast reports the average rent in Sorrento, FL is $2,320, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Sorrento, FL is 1-bedrooms: $1,500, 2-bedrooms: $1,820, 3-bedrooms: $2,120, 4-bedrooms: $2,810. The most common rental property sizes in Sorrento, FL are 3-bedroom and 2-bedroom, accounting for 31.3% and 27.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,320 | $2,320 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,500 |
| 2 Bed Rent | $1,650 | $1,820 |
| 3 Bed Rent | $1,900 | $2,120 |
| 4 Bed Rent | $2,560 | $2,810 |
% of Rental Stock
Property Listings — Sorrento, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sorrento, FL is 71. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $472,000 | -7.0% |
Listing Count | 95 | -6.0% |
| Listings as % of Homes | 0.9% | -6.0% |
Days on Market | 71 | -4.0% |
Demographics — Sorrento, FL
As of the latest ACS Survey released in 2023, Sorrento, FL has a population of 12,700, which has increased by 2.0% over the past 5 years. Sorrento, FL is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 20.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | 2.0% |
% Under 18 | 20.9% | -19.6% |
% Seniors | 17.7% | 17.2% |
% WFH | 12.3% | 41.4% |
% w/ College Degree | 20.7% | -11.2% |
As of the latest ACS Survey released in 2023, Sorrento, FL is a predominantly white area, with 78.3% of the population identifying as white. The white population has grown by 6.8% in the last 5 years. The second most common race or ethnicity in Sorrento, FL is hispanic, making up 15.4% of the population. Foreign-born residents account for 6.3% of the population in Sorrento, FL, and this percentage has decreased by 26.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.3% | 6.8% |
% Black | 3.8% | -38.7% |
% Hispanic | 15.4% | 18.5% |
% Asian | 1.5% | -64.3% |
% Foreign Born | 6.3% | -26.7% |
Mortgage and Risk — Sorrento, FL
According to HUD data as of 2023, there were 212 mortgage originations in Sorrento, FL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Sorrento, 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 | 212 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Sorrento, FL
As of 2024, the percent of homes in Sorrento, FL under the Section 8 program is 0.2%. 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. In Sorrento, 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 | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $70 | $1,500 | $1,570 |
| 2 Bedroom | $130 | $1,650 | $1,780 |
| 3 Bedroom | $360 | $1,900 | $2,260 |
| 4 Bedroom | $130 | $2,560 | $2,690 |
Affordability — Sorrento, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.2 |
| Median Home Price | $414,000 |
| Median Household Income | $97,200 |