Seminole County at a Glance

Seminole County at a glance homestead exemption tiers
Seminole County at a Glance gives us a glimpse into the last decade from 2007-2017 in the real estate market directly from the Seminole County State Appraiser.

Total Market Value:

  • 2007: $49 Billion
  • 2017: $43.3 Billion

Single Family Home Supply and Pricing:

Number of homes for sale is at a 3.5 month supply for homes under $350,000. A 6-month supply is considered a healthy market. Inventory is increasing, especially in the $400,000 range. Single Family Homes Median Sales Price (Existing Homes):
  • 2007: $282,950
  • 2017: $259,000
Single Family Homes Median Sales Price (New Homes):
  • 2007: $355,300
  • 2017: $467,300
Townhouse Median Sales Price (Existing):
  • 2007: $214,000
  • 2017: $182,000
Townhouse Median Sales Price (New):
  • 2007: $223,350
  • 2017: $286,000

Economic Development

  • In the past 5 years, Seminole County has supported 47 economic developments resulting in nearly 5,000 jobs.
    • Leading private employers in Seminole County: Paychex, Chase, Verizon, Convergys, Deloitte

Seminole County “Hot Spots”

  1. Sanford
  2. Lake Mary
  3. Oviedo

Vote November 2018: 2 Constitutional Amendments

  1. 10% Cap on Non-Homestead Property
    • Cap set to expire January 1, 2019
    • Amendment would extend the cap indefinitely
  2. Additional Homestead
    • Would increase homestead exemption from $50,000 to $75,000
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