When you think of Orlando, you probably think of theme parks and tourist attractions, but Orlando is also home to some of Florida’s most beautiful neighborhoods. The Orlando area communities vary in terms of home prices and vibe, but there is something for everyone, from the first-time homebuyer to the seasoned investor.
Orlando has excellent sun-filled weather, which could have contributed to a 20% growth in population since 2010. While Orlando was heavily affected by closures due to the Covid-19 pandemic, the unemployment rates are going down, and the economy should be rebounding soon. Now might be a good time to start looking for a new home in the Orlando area!
One of the most popular places to live in greater Orlando is Colonialtown South, which has approximately 19,583 people. The historic brick roads of Colonialtown make walking or biking a lovely experience. The quiet neighborhood has an average home price of $296,000. Most homes will usually sell in around 27 days, with homes that get multiple offers selling in about seven days.
Another great place to live in the Orlando area is College Park. This neighborhood is filled with locally-owned restaurants and is known for year-round events and festivals. Some of the most popular events include Jazz Fest, Holiday on the Drive, and Spring Fest, which fill the streets with people and live music-making for a fun time had by all. College Park has a growing population of approximately 17,653. College Park’s market is competitive, with most homes getting multiple offers and selling between 3 to 13 days. The average home price is $375,000.
Lake Nona is a beautiful new community that supports an active lifestyle with health centers, hiking trails, and plenty of outdoor areas for residents. With about 11,718 residents, Lake Nona is an excellent area for all types of buyers. The average home costs around $425,000 and usually sells in around 50 days.
Clear Lake is another neighborhood on a lake! As such, residents can enjoy fishing, boating, and water sports at any time. There are also hiking trails, walking paths, and parks throughout the area. The average home price is $127,000. This is a great place for all buyers because prices are low, and the location is beautiful.
Lake Cherokee is yet another example of a great Orlando lakeside neighborhood. It is filled with historical buildings dating back to the 1870s. Some of these buildings include the Cherokee School built in 1927 and Dr. Phillip’s House, built in 1900. The average home sells for $242,000.
While many areas of the country have beautiful places to live, Orlando, Florida, will always be a top choice because of its famous amusement parks and great weather. If you are interested in purchasing a home in one of these competitive and highly desirable communities, you should get pre-approved, so you are ready when you find the right neighborhood and the home you love.
