Oviedo, Florida

Seminole County Real Estate - Oviedo

Oviedo is in East Central Florida. It's population as recorded in the 2010 Census was 33,342. Oviedo is approximately 14 miles from Orlando (population 238,300) and around 16 miles from Deltona (population 85,182).

The median age for residents of Oviedo is 35.3. Around 46.7% of Oviedo households include school aged children and 15.5% of households include individuals aged 65 years or over. Census records indicate 81.8% of the Oviedo population are White, 8.6% are Black or African American, .2% American Indian, 3.7% Asian and 2.7% are Two or more Races.

There are 11,720 housing units in Oviedo. 595 (5%) of these were reported as vacant in the 2010 Census. There are 2,436 residential rental units in Oviedo. 2,281 of them were occupied in 2010 providing a residential rental vacancy rate of 6%.

Oviedo links:

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Oviedo is located in Seminole County. It has a population of approximately 33,342 people. The population increased 5.4% from 2010 to 2012. This compared to a 2.7% increase for the State of Florida, 1.9% for Seminole County and a 1.7% increase for the country as a whole. Oviedo occupies 15.21 of the 309.22 square miles in Seminole County. It had a population density of 2192.3 persons per square mile in 2010. This compared to 1367 for the county, 350.6 for Florida and 87.4 for the country.

6.4% ( 11,720) of the 182,625 housing units in Seminole County are in Oviedo (a housing unit is defined by the US Census Bureau as a house, apartment, mobile home, group of rooms, or single room that is occupied as separate living quarters.) Oviedo has a 81.8% homeownership rate compared to Seminole County's 71.5% homeownership rate and Florida's rate of 69.0%.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
United States 313,914,040 $14,025,202 1.7% $52,762 132,312,404 $186,200
Florida 18,801,310 $630,738 2.7% $47,827 9,026,965 $188,600
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Oviedo 33,342 $4595.4%$83,742 11,720$253,100

Oviedo's medium household income in 2011 was $83,742. Seminole County's medium household income was $58,908, which is higher than the medium income for Florida as a whole: $47,827. 6.7% of the population in Oviedo lives below the poverty line, compared to 14.7% in Florida, 10.0% of the population in Seminole County and 14.3% nationwide. Additional Information:

Oviedo Economic Activity

The U.S. Bureau of the Census, Economic Census, 2007 calculated the total value manufacturing, merchant wholesaler, retail sales and food service sales in Oviedo. The Census measured activity of large and medium-sized firms during calendar year 2007. It does not include every aspect of the economy but can be used as a measure of economic activity.

At $459 million, Oviedo's economic activity represents 3.79% of Seminole County's $12,124MM in economic activity. Seminole County represents 1.92% of the Florida economy.

Oviedo Economic Activity
ActivityValue (Millions)Percentage
Manufacturers shipments $0 0.0%
Merchant wholesaler sales $108 23.4%
Retail sales $310 67.6%
Accommodation and food services sales $41 8.9%
Total $459100%

Seminole County Regional Comparisons

Economic Indicators
CityPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Altamonte Springs 41,496 $2,0510.9%$47,942 22,088$182,700
Casselberry 26,241 $6650.8%$43,864 12,708$162,600
Lake Mary 13,822 $1,3345.4%$83,921 5,728$299,700
Longwood 13,657 $1,3080.7%$58,846 5,680$200,100
Oviedo 33,342 $4595.4%$83,742 11,720$253,100
Sanford 53,570 $2,8581.9%$43,520 23,061$156,300
Winter Springs 33,282 $1250.8%$69,542 14,052$231,500

Seminole County is located in East Central Florida. This region is responsible for 17.0% of Florida's economic activity. Seminole County represents 11.3% of the region's economy.

Economic Indicators
RegionPopulation
2010
Economic Activity
2007 (Millions)
Population Growth
2010 to 2012
Median Household
Income 2011
Housing
Units
Median Price
2007 to 2011
Brevard County 543,376 $16,070 0.7% $50,068 270,512 $171,200
Osceola County 268,685 $7,448 7.0% $46,479 129,830 $170,200
Orange County 1,145,956 $53,843 4.9% $49,731 492,209 $211,100
Seminole County 422,718 $12,124 1.9% $58,908 182,625 $225,500
Lake County 297,052 $5,430 2.1% $47,509 145,303 $167,900
Volusia County 494,593 $10,951 0.5% $44,169 254,981 $172,100
Sumter County 93,420 $1,120 8.8% $44,817 55,988 $186,800
Total 3,369,551 $106,985 3.7% $48,812 1,531,448 $186,400

Oviedo Real Estate

There are 22,850 properties in Oviedo. The following table shows a summary of them based on 2014 sales data.

Oviedo Real Estate by Usage
Usage TypeProperty Count%Sales CountMedian PriceMedian Price/FtSales FromTo
Agricultural 180 0.79 2 $995,600 $557January 1st, 2014January 1st, 2014
Commercial Property 0 0.00 0n/an/an/an/a
Government Property 147 0.64 0n/an/an/an/a
Health Care 1 0.00 0n/an/an/an/a
Hotel & Motel 67 0.29 0n/an/an/an/a
Industrial 115 0.50 2 $845,050 $279March 1st, 2014May 1st, 2014
Miscellaneous Property 13 0.06 0n/an/an/an/a
Mobile/Manufactured 150 0.66 7 $66,300 $63February 1st, 2014August 1st, 2014
Multifamily 306 1.34 13 $93,000 $71January 1st, 2014August 1st, 2014
Office 247 1.08 4 $1,350,000 $619February 1st, 2014July 1st, 2014
Residential 21,286 93.16 991 $215,000 $112January 1st, 2014September 1st, 2014
Residential Property 0 0.00 0n/an/an/an/a
Retail 238 1.04 8 $570,000 $255February 1st, 2014August 1st, 2014
Senior Housing 7 0.03 0n/an/an/an/a
Special Purpose 82 0.36 3 $578,400 $95January 1st, 2014June 1st, 2014
Sports & Entertaining 11 0.05 0n/an/an/an/a

Agricultural Real Estate in Oviedo, Florida

180( .79%) of the properties in Oviedo are classified as Agricultural. 2 of them sold between January 1st, 2014 and January 1st, 2014. The total value of these sales was $1,991,200. The median sales price was $995,600. In 2014 the median sales price for Agricultural in Oviedo was $557 per sq ft.

Commercial Real Estate in Oviedo, Florida

0( .00%) of the properties in Oviedo are classified as Commercial.

Government Real Estate in Oviedo, Florida

147( .64%) of the properties in Oviedo are classified as Government.

Health Care Real Estate in Oviedo, Florida

1( .00%) of the properties in Oviedo are classified as Health Care.

Hotel & Motel Real Estate in Oviedo, Florida

67( .29%) of the properties in Oviedo are classified as Hotel & Motel.

Industrial Real Estate in Oviedo, Florida

115( .50%) of the properties in Oviedo are classified as Industrial. 2 of them sold between March 1st, 2014 and May 1st, 2014. The total value of these sales was $1,690,100. The median sales price was $845,050. In 2014 the median sales price for Industrial in Oviedo was $279 per sq ft.

Miscellaneous Real Estate in Oviedo, Florida

13( .06%) of the properties in Oviedo are classified as Miscellaneous.

Mobile/Manufactured Real Estate in Oviedo, Florida

150( .66%) of the properties in Oviedo are classified as Mobile/Manufactured. 7 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $549,200. The median sales price was $66,300. In 2014 the median sales price for Mobile/Manufactured in Oviedo was $63 per sq ft.

Multifamily Real Estate in Oviedo, Florida

306( 1.34%) of the properties in Oviedo are classified as Multifamily. 13 of them sold between January 1st, 2014 and August 1st, 2014. The total value of these sales was $1,334,986. The median sales price was $93,000. In 2014 the median sales price for Multifamily in Oviedo was $71 per sq ft.

Office Real Estate in Oviedo, Florida

247( 1.08%) of the properties in Oviedo are classified as Office. 4 of them sold between February 1st, 2014 and July 1st, 2014. The total value of these sales was $4,775,000. The median sales price was $1,350,000. In 2014 the median sales price for Office in Oviedo was $619 per sq ft.

Residential Real Estate in Oviedo, Florida

21,286( 93.16%) of the properties in Oviedo are classified as Residential. 991 of them sold between January 1st, 2014 and September 1st, 2014. The total value of these sales was $237,439,713. The median sales price was $215,000. In 2014 the median sales price for A Class Residential in Oviedo was $135 per sq ft, B Class properties sold for $112/ft and C Class $75/ft.

Residential Real Estate in Oviedo, Florida

0( .00%) of the properties in Oviedo are classified as Residential.

Retail Real Estate in Oviedo, Florida

238( 1.04%) of the properties in Oviedo are classified as Retail. 8 of them sold between February 1st, 2014 and August 1st, 2014. The total value of these sales was $6,898,900. The median sales price was $570,000. In 2014 the median sales price for Retail in Oviedo was $255 per sq ft.

Senior Housing Real Estate in Oviedo, Florida

7( .03%) of the properties in Oviedo are classified as Senior Housing.

Special Purpose Real Estate in Oviedo, Florida

82( .36%) of the properties in Oviedo are classified as Special Purpose. 3 of them sold between January 1st, 2014 and June 1st, 2014. The total value of these sales was $2,201,400. The median sales price was $578,400. In 2014 the median sales price for Special Purpose in Oviedo was $95 per sq ft.

Sports & Entertaining Real Estate in Oviedo, Florida

11( .05%) of the properties in Oviedo are classified as Sports & Entertaining.

Oviedo, Seminole County Market Data

Oviedo Real Estate
Property UsageProperty CountTotal Sq Ft
Agricultural 164 211,957
Government Property 136 256,275
Hotel & Motel 55 72,309
Industrial 109 1,843,209
Land 1,434 2,182,850
Miscellaneous Property 11 48,186
Mobile/Manufactured 146 229,722
Multifamily 303 4,040,605
Office 238 1,059,643
Residential 20,552 44,365,809
Retail 221 3,698,753
Senior Housing 7 372,006
Special Purpose 73 1,227,900
Sports & Entertaining 10 124,883

Oviedo Median Property Values per Sq Ft

Oviedo Median Property Values per Sq Ft by Property Class
Property Class Class AClass BClass C
UsageYear SaleLease SaleLease SaleLease
Auto sales, auto repair and storage or auto service shop 2016 $216$32 $109$16 $62$8
Bowling alley, skating rink, pool hall or enclosed arena 2016 $216$37 $109$17 $62$7
Church 2016 $216$24 $109$12 $62$7
Club, lodge or union hall 2016 $216$24 $109$12 $62$7
Community Shopping Center 2016 $216$32 $109$16 $62$8
Condominium 2016 $216$16 $109$16 $62$16
County Owned 2016 $216$30 $109$15 $62$7
Cropland soil capability Class I 2016 $216$27 $109$15 $62$9
Department Store 2016 $216$32 $109$16 $62$8
Drive-in Restaurant 2016 $216$32 $109$16 $62$8
Federal Owned 2016 $216$30 $109$15 $62$7
Financial institution (bank, saving and loan company, mortgage company, credit services) 2016 $216$32 $109$16 $62$8
Florist or greenhouse 2016 $216$32 $109$16 $62$8
Forest, park or recreational area 2016 $216$30 $109$15 $62$7
Golf course or driving range 2016 $216$37 $109$17 $62$7
Government Undefined 2016 $216$30 $109$15 $62$7
Grazing land soil capability Class I 2016 $216$27 $109$15 $62$9
Grazing land soil capability Class II 2016 $216$27 $109$15 $62$9
Grazing land soil capability Class III 2016 $216$27 $109$15 $62$9
Grazing land soil capability Class IV 2016 $216$27 $109$15 $62$9
Heavy industrial 2016 $216$17 $109$10 $62$5
Home for the aged 2016 $216$15 $109$10 $62$9
Hotel or motel 2016 $216$33 $109$33 $62$33
Light manufacturing 2016 $216$17 $109$10 $62$5
Lumber yard, sawmill or planing mill 2016 $216$17 $109$10 $62$5
Mineral processing, cement plant,refinery, clay plants or gravel plant 2016 $216$17 $109$10 $62$5
Miscellaneous Residential (migrant camp or boarding home.) 2016 $216$33 $109$33 $62$33
Mixed use - store and office or store and residential or residential combination 2016 $216$32 $109$16 $62$8
Mobile Home 2016 $216$6 $109$6 $62$6
Mortuary, cemetery or crematorium 2016 $216$24 $109$12 $62$7
Multi-family - 10 units or more 2016 $216$22 $109$13 $62$7
Multi-family - less than 10 units 2016 $216$22 $109$13 $62$7
Municipal Owned 2016 $216$30 $109$15 $62$7
Nightclub, cocktail lounge or bar 2016 $216$37 $109$17 $62$7
Office building, non-professional service building, multi-story 2016 $216$30 $109$18 $62$11
Office building, non-professional service building, one story 2016 $216$30 $109$18 $62$11
Open storage (building supplies, auto wrecking, fuel, equipment or material storage) 2016 $216$17 $109$10 $62$5
Orchard Groves, Citrus, etc. 2016 $216$27 $109$15 $62$9
Ornamentals, miscellaneous agricultural 2016 $216$27 $109$15 $62$9
Orphanage, other non-profit or charitable services 2016 $216$24 $109$12 $62$7
Private school or college 2016 $216$24 $109$12 $62$7
Professional service building 2016 $216$30 $109$18 $62$11
Public county school 2016 $216$30 $109$15 $62$7
Regional Shopping Center 2016 $216$32 $109$16 $62$8
Repair service shop (excluding automotive) 2016 $216$32 $109$16 $62$8
Restaurant, cafeteria 2016 $216$32 $109$16 $62$8
Service station 2016 $216$32 $109$16 $62$8
Single Family 2016 $216$16 $109$16 $62$16
State Owned 2016 $216$30 $109$15 $62$7
Store, one story 2016 $216$32 $109$16 $62$8
Supermarket 2016 $216$32 $109$16 $62$8
Timberland - site index 80 to 89 2016 $216$27 $109$15 $62$9
Tourist attraction, permanent exhibit or other entertainment facilities 2016 $216$37 $109$17 $62$7
Utility 2016 $216$42 $109$15 $62$6
Warehousing, distribution terminal, trucking terminal, or van and storage warehousing 2016 $216$17 $109$10 $62$5
Wholesale outlet, produce house or manufacturing outlet 2016 $216$32 $109$16 $62$8