5 Growing Real Estate Markets in Orlando

The Orlando area is bursting with desirable neighborhoods. Some of these have become incredibly well-known, which tends to drive up prices. However, in these five up-and-coming neighborhoods, prices are still surprisingly low. What’s more, these cities have some of the lowest millage rates in the area, which means you’ll pay less in property taxes. Browsing through this list just might inspire you to buy a home in one of these neighborhoods before they really heat up.

1. Oviedo (North West Orlando area)

With its low crime rates and suburban atmosphere, it’s no surprise that more people are looking at Oviedo real estate. Residents love the quality schools and the affordable housing. Beautiful outdoor areas like the black hammock Wilderness Area and the Cross Seminole Trail make Oviedo a wonderful choice for adventurous people. In the historic downtown, residents enjoy a variety of festivals as well as boutiques and unique dining. Most homes in the city consist of single-family dwellings on large lots.

2. Winter Garden (West Orlando)

If you drive about 20 minutes west of Orlando, you’re bound to come across beautiful Winter Garden on Lake Apopka. The charming downtown district is included on the National Registry of Historic Places and hosts many seasonal events. Cultural attractions abound, with many museums and the Garden Theatre leading the way. Not too many people have discovered Winter Garden yet, and that’s good news for you. You’ll benefit from surprisingly low home prices and millage rates if you look for real estate here.

3. Casselberry

About 10 miles north of Orlando’s downtown, you’ll find tranquil Casselberry. The population hasn’t hit 30,000, which means there is still room for you in this charming city nestled between Winter Springs, Altamonte Springs, Winter Park, Longwood and Maitland. Players love the Casselberry Golf Club. Built in 1947, it’s one of Central Florida’s oldest courses. The quality of the public schools makes this an excellent place to raise children. People love the country feeling of this community while still being able to enjoy big-city attractions. Modestly priced single-family homes dominate the real estate offerings here.

4. Lake Nona (South Orlando)

Whether your passion is golf or science, you’re bound to fall for Lake Nona. Located south of Orlando, this planned community has golfing at its heart. In more recent years, the city’s focus has evolved to include science and technology interests. The completion of the Lake Nona Medical City made this community a huge attraction for people working in the science, health and technology fields. Real estate options include townhouses, condos and single-family homes at surprisingly affordable prices. This city is so close to the Orlando airport that it’s irresistible to frequent flyers.

5. Sanford (North Orlando area)

If you’re looking for a home in a community that has an elegant yet relaxed vibe, then Sanford may be the place for you. You’ll find it on the scenic shores of Lake Monroe where you can enjoy a 1.2 mile shoreline walk. Then, take a tour of Sanford’s charming downtown with its historical architecture and one-of-a-kind bistros and shops. Make a stop at the weekly farmer’s market a regular part of your routine and check out the many cultural events that happen here. Home prices are still amazingly affordable, so don’t miss your opportunity to pick up a townhouse or single-family home for a song.

At Waypointe Group we have the knowledge and skills to guide you through a purchase in any of of these cities. If you are interested in Central Florida areas not on this list, please take a look at our cities page. Contact one of our Realtors to learn more about any of these up-and-coming Orlando real estate markets.