Windermere, FL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Windermere, FL Housing Market Trends

With 3,030 people, 1,426 houses or apartments, and a median cost of homes of $1,260,635, Windermere house prices are not only among the most expensive in Florida, Windermere real estate also is some of the most expensive in all of America.

Windermere is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Windermere than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Windermere. Owner-occupied housing accounts for 91.58% of Windermere's homes, and 79.30% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Windermere built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Windermere built between 1940-1969 ( 19.43%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.78%). There's also some housing in Windermere built before 1939 ( 5.35%).

Windermere Home Appreciation Rates

In the last 10 years, Windermere has experienced some of the highest home appreciation rates of any community in the nation. Windermere real estate appreciated 111.33% over the last ten years, which is an average annual home appreciation rate of 7.77%, putting Windermere in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Windermere definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Windermere's appreciation rate, at 16.18%, has been at or slightly above the national average. In the latest quarter, Windermere's appreciation rate has been 4.12%, which annualizes to a rate of 17.52%.

Importantly, this makes Windermere one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Florida, our data show that Windermere's latest annual appreciation rate is lower than 90% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Windermere differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Windermere - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Windermere real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$1,260,635

Windermere, FL HOME PRICES

> $1,366,000
$1,025,001 - $1,366,000
$683,001 - $1,025,000
$546,001 - $683,000
$410,001 - $546,000
$273,001 - $410,000
$137,001 - $273,000
$68,001 - $137,000
$0 - $68,000
30.6%
30.6%
7.7%
7.7%
19.4%
19.4%
18.3%
18.3%
14.9%
14.9%
7.7%
7.7%
0.5%
0.5%
0.1%
0.1%
0.8%
0.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for FL

Value Relative To Nation

Number Of Homes And Apartments:
1,426

Windermere Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2021 Q4 - 2022 Q1
Last 12 Months:
2021 Q1 - 2022 Q1
Last 2 Years:
2020 Q1 - 2022 Q1
Last 5 Years:
2017 Q1 - 2022 Q1
Last 10 Years:
2012 Q1 - 2022 Q1
Since 2000:
2000 Q1 - 2022 Q1
176.75% 4.68%
4
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$4,132 / per month

Homeownership Rate

Owners
Renters
Vacant
91.6%
91.6%
8.4%
8.4%
9.2%
9.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.8%
11.8%
63.4%
63.4%
19.4%
19.4%
5.4%
5.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
97.6%
97.6%
1.1%
1.1%
0.0%
0.0%
0.0%
0.0%
1.3%
1.3%
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.7%
1.7%
0.7%
0.7%
5.2%
5.2%
31.0%
31.0%
48.3%
48.3%
13.1%
13.1%
0.0% 100.0%
% OF HOMES