Port Orange, FL home values, income, and owner costs

Start with the dated local finding: In Port Orange, FL, the 2024 ACS reports a median owner-occupied home value of $317,200, median household income of $74,426, and median selected monthly owner costs of $1,717 for owners with a mortgage. Together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,717 measure combines recurring ownership expenses in place of real estate taxes alone. For borrower planning, a useful affordability review starts with $317,200, $74,426, and $1,717, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Port Orange, FL's $317,200 median home-value estimate is below the statewide $359,000 estimate, with a reported city-to-state gap of 11.6%. That 11.6% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Port Orange, FL. It does not mean every local property is 11.6% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. For borrower planning, a borrower may use $317,200 and $359,000 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.