The Orchid Springs housing market is somewhat competitive. The median sale price of a home in Orchid Springs was $183K last month, up 40.8% since last year. The median sale price per square foot in Orchid Springs is $180, up 97.8% since last year.
What is the housing market like in Orchid Springs today?
In May 2024, Orchid Springs home prices were up 40.8% compared to last year, selling for a median price of $183K. On average, homes in Orchid Springs sell after 31 days on the market compared to 32 days last year. There were 9 homes sold in May this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$183,000
+40.8% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Orchid Springs, FL
$183,000
+40.8%
United States
To compare other locations to the Orchid Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Cypress Gardens add value to a home.
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How hot is the Orchid Springs housing market?
Orchid Springs is somewhat competitive. Homes sell in 38 days.
0
100
33
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 14 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Orchid Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Orchid Springs.
Risk Factor
Flood Factor - Minor
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Orchid Springs has a minor risk of flooding. 38 properties in Orchid Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Orchid Springs. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Orchid Springs has a moderate risk of wildfire. There are 440 properties in Orchid Springs that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Orchid Springs.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Orchid Springs has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Orchid Springs is most at risk from hurricanes. 440 properties in Orchid Springs have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 137 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 154 mph.