Mount Dora Housing Information

IndexMount DoraFloridaNational
Median home price$208,500$166,800$184,700
Median rent asked$921$1,032$949
Avg. people per household2.32.62.6
Owner occupied households53.2%64.8%63.6%
Renter occupied households46.8%35.2%36.4%
The above shows an overview of the real estate market in Mount Dora, FL. Note how the median home price for Mount Dora, FL runs $208,500, which is 25% higher than the average property price for Florida. So you’re going to get real estate in Mount Dora, FL that is on-average less affordable than what you’ll find in the rest of Florida. As for rent, the median for Mount Dora, FL runs $921, which is comparatively 11% lower than the average rent for Florida. For Mount Dora, FL, about 53.2% of the population consist of home owners with about 2.3 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Mount Dora, FL offers a wide variety of real estate. To find your perfect home in Mount Dora, FL, filter your choice by price, location, and number of beds and baths using the search area above.

Mount Dora Home Affordability

When deciding where to purchase Mount Dora, FL real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Mount Dora, FL the median home price is $208,500 and $49,910 is the median household income. As a result, the home price to income ratio in Mount Dora, FL is 4.2x, which is 22% higher than the Florida average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Mount Dora, FL the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Mount Dora, FL.

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Pittman, FL263$0100%
Ferndale, FL510$0100%
Paisley, FL1,293$0100%
Altoona, FL42$0100%
Sorrento, FL665$0100%
Mount Dora, FL13,204$208,50013%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Lynden, WA13,204$287,20055%
Connersville, IN13,202$67,10064%
Beeville, TX13,209$62,20066%
Bellefontaine, OH13,211$101,30045%
McPherson, KS13,212$135,80026%
Mount Dora, FL13,204$208,50013%

Source: The Mount Dora, FL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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