Is Altamonte Springs, FL a good place to live?
Data as of September 16, 2026. Figures are aggregates from licensed MLS records, IRS migration files, Zillow indexes, Census income and population, and Citizens Property Insurance; sources are named where they appear.
The short answer, by the numbers
Altamonte Springs homes sold for a median of $365,000 over the last 12 months, -2.9% year over year. Homes take about 40 days to sell and the city holds 4.1 months of supply, which reads as a balanced market. Owning the median home runs about $2,445 a month with taxes and insurance, against a median household income near $83,030 (30.4% of income). Prices sit at 4.9 times local income, a stretch by the usual four-times-income yardstick.
What it costs to live in Altamonte Springs
| Median sale price (12 months) | $365,000 |
| Price per square foot | $225/sq ft |
| Typical monthly cost to own the median home | $2,445 (principal, interest, taxes, insurance) |
| Median household income | $83,030 |
| Price-to-income ratio | 4.9x |
| Share of income to own the median home | 30.4% |
| Median property tax bill | $2,493/yr |
| Typical rent (county, Zillow ZORI) | $1,893/mo |
| Citizens Property Insurance average premium (county) | $1,572/yr |
The cost-to-own figure is principal and interest at today’s prevailing 30-year rate with a 20% down payment, plus the county’s median tax bill and a typical insurance premium. Your own number moves with the rate you lock and the home’s flood zone and roof.
How Altamonte Springs home prices have moved
Appreciation has run -1.4% over the last year, +4.3% a year over five years, +6.7% a year over ten. The median went from $176,298 in 2016 to $365,000 over the last 12 months, +107% in 10 years.
| Year | Median sale | Closings | Days on market | $/sq ft |
|---|---|---|---|---|
| 2016 | $176,298 | 1,049 | 33 | $102 |
| 2017 | $194,101 | 800 | 24 | $116 |
| 2018 | $234,431 | 132 | 36 | $134 |
| 2019 | $199,058 | 67 | 87 | $127 |
| 2021 | $242,468 | 179 | 9 | $163 |
| 2022 | $282,719 | 1,018 | 8 | $188 |
| 2023 | $316,617 | 355 | 17 | $211 |
| 2024 | $325,615 | 683 | 24 | $217 |
| 2025 | $351,038 | 704 | 46 | $214 |
| 2026 | $344,950 | 698 | 40 | $211 |
The Altamonte Springs market right now
| Homes for sale | 95 |
| Under contract | 34 |
| Sold in the last 12 months | 365 |
| Months of supply | 4.1 |
| Sale-to-list price | 95% |
| Listings with a price cut | 31.9% |
| Cash purchases (latest year) | 24% |
| New-construction share of sales | 2% |
What sells here: Single Family Residence 69%, Condominium 20%, Townhouse 9%.
By price band, where the supply and the waiting are:
| Price band | For sale | Sold, 12 mo | Months of supply | Days on market |
|---|---|---|---|---|
| Under $300K | 51 | 134 | 4.6 | 59 |
| $300K–$500K | 39 | 194 | 2.4 | 29 |
| $500K–$750K | 5 | 27 | 2.2 | 25 |
Weather, flood and insurance exposure
Insurance is the line item that surprises people. Citizens, the state-backed insurer of last resort, averages $1,572 a year in Seminole County across 1,203 policies. Roof age, wind-mitigation features and flood zone move a quote more than anything else, so price insurance before you write an offer, not after.
Who is moving to Altamonte Springs
IRS county-to-county returns for Seminole County show 33,575 people moving in and 33,674 moving out in the latest filing year, a net of -99. Out-of-state arrivals came mostly from NY, NJ, TX, CA. Households arriving reported an average adjusted gross income of $62,559 against $65,990 for those leaving. Seminole County’s population grew from 455,086 in 2018 to 474,912 (+4%), and median household income rose +30% over the same stretch.
The trade-offs, by the numbers
What the numbers argue for: five-year appreciation of +4.3% a year; 4.1 months of supply (a balanced market); Citizens average premium $1,572 a year; median property tax bill $2,493 a year.
What the numbers argue against: price-to-income of 4.9x (above the four-times rule); 30.4% of median income to own the median home (over the 28% guideline); prices -2.9% over the last year, which favors buyers on price and hurts recent sellers; net migration -99 people a year into the county.
None of this describes the people who live here; it describes what it costs to buy in, what you carry each month, and how the market has treated owners. Neighborhood fit is a visit, not a statistic.
Keep researching Altamonte Springs
- Homes for sale in Altamonte Springs, FL
- Best neighborhoods in Altamonte Springs
- Moving to Altamonte Springs: the guide
- Cost of living in Altamonte Springs
- Altamonte Springs housing market tracker
- Seminole County property tax guide
- How to find the best real estate agent in Altamonte Springs
Common questions
Is Altamonte Springs expensive to live in?
Is it a buyer’s or seller’s market in Altamonte Springs right now?
Are home values in Altamonte Springs going up?
How bad is hurricane and insurance risk in Altamonte Springs?
What are property taxes like in Altamonte Springs?
Where do people moving to Altamonte Springs come from?
Market figures are aggregates as of September 16, 2026 and change over time; no individual sale is shown. General information, not legal, tax or financial advice. Equal Housing Opportunity.