Central Florida Property Values Surge in 2025 Amid New Construction Growth

Property values across Central Florida are surging in 2025, driven by billions in new construction, say regional property appraisers. These increases are expected to boost local government tax rolls as budgets are prepared for the next fiscal year beginning October 1. But, the trend is also fueling debate over whether Florida homeowners are being overtaxed.

Orange County Leads in Taxable Value Gains

Despite higher interest rates and slower residential sales, property values have not declined. Every local government in the region is reporting increased taxable values, with some areas seeing double-digit gains.

In Orange County, Windermere leads with a 19% jump to $1.2 billion, aided by the annexation of the Chaine du Lac community. Apopka follows with a 14% rise to $8.2 billion.

Seminole and Osceola County Real Estate Keep Climbing

In Seminole County, Sanford’s taxable value grew nearly 11% to $6.7 billion, fueled by major residential developments near Celery Avenue.

Osceola County is also seeing sharp increases. St. Cloud’s values are expected to rise nearly 15% to $6 billion, and Kissimmee’s by 10.5% to $6.9 billion.

Lake County Small Towns See Biggest Growth Spikes

Lake County’s fastest growth is in small cities like Montverde (up 24.6%) and Mascotte (up 21.8%), thanks to new housing developments.

Billions Added to Local Budgets — and State Policy Follows

The consistent rise in values has poured billions into local budgets, including a $1.7 billion increase in Orange County over five years. This trend has prompted Governor Ron DeSantis to advocate for a $1,000 property tax rebate for homeowners and long-term reforms, though the legislature has yet to act.

Central Florida Market Values Also On the Rise

Market values — distinct from taxable values — are also rising across the region. Orange County’s estimated 2025 market value is $345.8 billion, up 4.6%. Seminole, Osceola, and Lake counties saw increases of 4.2%, 4.3%, and 6.3%, respectively.

Inventory Up, But Mortgage Rates Still High

As of May, Central Florida had over 12,000 homes for sale, with average time on market at 76 days. Mortgage rates remain high, averaging 6.87% for a 30-year fixed loan.

🧭 Sherell’s Take

As a local REALTOR®, I see firsthand how fast-changing market values affect both buyers and homeowners. These rising property values reflect just how desirable Central Florida continues to be — but they also mean it’s more important than ever to understand how your home’s value affects your taxes, equity, and future decisions. Whether you're buying, selling, or just staying informed, I’m here to help you make sense of it all.

Read the original article on the Orlando Sentinel