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Orlando Housing Market Added $52 Billion In Value In 2021 | Real Estate
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Orlando housing market added $52B in value in 2021.
Here’s why it will keep growing. Metro Orlandos housing market is worth $283 billion after a $52 billion value bump last year Rapid price increases and a flurry of new home construction across the region in 2021 contributed to this jump in the local residential real estate market’s value. Meanwhile, housing professions expect building and price appreciation to grow this year in metro Orlando, further ballooning the value of the local housing market. That’s mostly due to rock-bottom levels of home inventory that will keep the market competitive. Metro Orlando home prices are forecasted to rise 5.4% this year, according to Realtor.com. Orlando ranks the 27th most valuable housing market among the 50 biggest U.S. metros, putting the region in the middle of the pack.
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