Buying a House in Sanford? Here’s What You Should Know

In recent years, Sanford has become one of the fastest-growing towns in the Orlando suburbs area. With its charming historic downtown with brick streets, it’s no surprise how it can be on the favorite list of many. For those thinking about buying a house in Sanford, here are some interesting facts you should know about. 

Interesting Facts about the Real Estate Market and Buying a House in Sanford

As of July 2022, Sanford, Florida is currently a seller’s market which means that this is a great time to sell. In addition, there is a high demand for homes, and the market in Sanford is very competitive. 

Nonetheless, due to its growth in home development, Sanford seems to be one of the most sought-after places to live right now.

Median Price for Buying a House in Sanford

According to Zillow, the median sale price of houses in Sanford is $341k, which is 3% higher than last year. 

Additionally, it’s interesting to note that 58% of the homes sold in Sanford were actually sold below their asking price in June 2023. This means you might have really good chances of finding a good deal to buy a house in Sanford.

School District

If you are on the hunt for a home and have school-age children, you should know that schools in Sanford fall under one of the best school districts in Central Florida. 

Additionally, Seminole County —Sanford’s school district, is a high-rated district with many of its schools being top-ranked. Furthermore, it’s also considered to be one of the best school districts state-wide. 

Entertainment and Development

Downtown Sanford is a charming historic district with many exciting events happening year-round. This attracts many visitors from all over the state and it’s a great place to spend time with your family. 

Locals often visit Downtown Sanford on Sundays — which is when all the fun events are usually happening, and refer to this as ‘Sanfording’. It’s a fun way of saying that you’re out enjoying the day supporting local vendors in the historic downtown area.

The Sanford Historic District is also steadily growing, both in popularity and development. Currently, Fulton Park, a new townhome development, is being built on 1st Street which offers an exciting living environment. 

Similarly, a 51-room boutique hotel called First Street Station will soon come to life within the same area!

Final Thoughts 

There are many exciting things happening in Sanford and its downtown area! And with the competitive house prices, it’s no surprise why buying a house in Sanford is something to consider. 

If you’re interested in starting the pre-approval process to purchase a home, we’re here to help! Contact us today and a licensed team member will guide you through the exciting journey of homeownership.