Why Orlando is a Sought-After Hotspot for Buyers Seeking a Florida Home

Lake Eola

Florida is filled with gorgeous towns and cities that provide excellent options for home buyers. In the past several years, people across America have packed their bags and headed to Florida, seeking out the year-round sun, growing economy, affordable cost of living, and vibrant culture of the state. Many destinations here stand out, but one of the biggest and best places for those seeking a Florida home is Orlando.

Orlando is a scenic and relaxed city famed for its theme parks, golf courses, and surrounding lakes. It has one of the best food scenes in Florida, many beautiful areas to explore, and a lot to entice buyers. Let’s look at some aspects of Orlando that make it such an appealing hotspot for buyers looking to settle down in Florida.

Universal Studios

Exciting Attractions

There is a lot to see and do in Orlando. It has excellent museums like the Orlando Science Center and the Orlando Museum of Art. There are busy shopping centers that offer everything from designer clothing to local hand-crafted artisanal goods. The food scene is superb, with renowned fine dining destinations. But arguably the biggest attractions enhancing Orlando’s appeal are its theme parks.

Orlando hosts Disney World and Universal Orlando, two of the most visited theme parks on the planet. From Disney World’s famous Magic Kingdom to Universal’s iconic Wizarding World of Harry Potter, it is an area that provides unmatched experiences for the whole family. This contributes to making Orlando one of the most visited destinations in Florida.

Disney World

Natural Settings

While Orlando may be a busy urban environment, there are many pristine parks and gardens within the city and preserved natural areas just outside of it. If you are looking for an incredible green space near the city, head to Mead Botanical Garden. This park offers 47 acres of pristine gardens and public spaces, including biking trails, an amphitheater, and natural habitats. 

Outside of the city, you can visit Hal Scott Regional Preserve and Park. This massive natural area includes more than 9,500 acres of protected land on the Econlockhatchee River, with trails running through forests and wetlands. Numerous other similar locations surround Orlando, making it the perfect place to reside for nature lovers.

Affordability

One of the main reasons that people seek a move to Florida is that there is an ideal lifestyle that can be acquired at an affordable rate. While Florida has some pockets that are increasingly expensive, including most of coastal South Florida, Central Florida and Orlando remain affordable to most buyers. 

Home prices in Orlando are quite modest, considering it is a major city with year-round sunshine. According to Redfin, the median cost of a home in Orlando is around $360,000. This is significantly below the national average as well as below the median sales price of Florida overall, which was $407,000 in August 2022. 

Orlando

Economic Opportunities

Orlando has a high-powered economy that is diverse and continues to grow. The Orlando Business Journal reported last year that Orlando was ranked fifth in the country for economic growth, making it an excellent place to live for those seeking new job opportunities. Tourism is the heart of the Orlando economy, with the presence of Disney and Universal making a large impact on the city and providing many opportunities to residents. 

However, Orlando also has either headquarters or regional offices of many companies, including Lockheed Martin, Red Lobster, Tupperware Brands, Darden Restaurants, and Marriott Vacations Worldwide. It is a city with boundless opportunities for residents in various industries. Combined with the low cost of living, your dollar can take you far in Orlando.

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