SORRENTO HOUSING MARKET INFORMATION With 845 people, 112 houses or apartments, and a median cost of homes of $411,024, Sorrento real estate prices are well above average cost compared to national prices. Single-family detached homes are the single most common housing type in Sorrento, accounting for 77.68% of the town's housing units. Other types of housing that are prevalent in Sorrento include mobile homes or trailers ( 22.32%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Sorrento. Owner-occupied housing accounts for 100.00% of Sorrento's homes, and 75.89% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Sorrento built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sorrento built between 1940-1969 ( 41.07%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.39%). SORRENTO HOME APPRECIATION RATES In the last 10 years, Sorrento has experienced some of the highest home appreciation rates of any community in the nation. Sorrento real estate appreciated 166.06% over the last ten years, which is an average annual home appreciation rate of 10.28%, putting Sorrento in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sorrento definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Over the last year, Sorrento appreciation rates have trailed the rest of the nation. In the last twelve months, Sorrento's appreciation rate has been 5.12%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Sorrento were at 1.00%, which equates to an annual appreciation rate of 4.05%. Relative to Florida, our data show that Sorrento's latest annual appreciation rate is higher than 70% of the other cities and towns in Florida.