The typical owner-occupied home in Sorrento is worth about $215,900, 40% below the Florida median of $359,000 and 35% below the national median of $332,700. Owners pay a median $1,813 a year in property taxes, about 0.84% of their home's value, higher than the Florida rate of 0.76%. 100% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Sorrento at a glance
| Sorrento | Florida | U.S. | |
|---|---|---|---|
| Median home value | $215,900 | $359,000 | $332,700 |
| Median property tax paid per year | $1,813 | $2,730 | $3,119 |
| Property tax as a share of value | 0.84% | 0.76% | 0.94% |
| Median household income | – | $74,568 | $80,734 |
| Homes lived in by their owners | 100% | 68% | 65% |
| Owner homes with a mortgage | 31% | 56% | 61% |
| Median monthly costs, owners with a mortgage | $1,582 | $1,959 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 23.6% | 21.0% |
| Median rent | – | $1,669 | $1,413 |
| Median year homes were built | 1986 | 1988 | 1980 |
| Vacant homes | 0.0% | 14.7% | 10.1% |
| Population | 270 | 22,416,077 | 334,922,499 |
What a typical home costs per month in Sorrento
At this week's average 30-year rate of 7.11%, buying the median Sorrento home of $215,900 with 20% down costs about $1,403 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,763, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $60,128 for the 20%-down payment.
| Down payment | $43,180 |
|---|---|
| Loan amount | $172,720 |
| Principal and interest | $1,162 |
| Property taxes (0.84% a year) | $151 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| PMI | $0 |
| Total per month | $1,403 |
Change the numbers in the calculator
| Down payment | $7,556 |
|---|---|
| Loan amount | $211,990 |
| Principal and interest | $1,426 |
| Property taxes (0.84% a year) | $151 |
| Homeowners insurance (our estimate, 0.5% a year) | $90 |
| FHA mortgage insurance | $95 |
| Total per month | $1,763 |
Change the numbers in the calculator
Questions about home buying in Sorrento
What is the median home value in Sorrento?
About $215,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sorrento?
Homeowners pay a median $1,813 a year, which is about 0.84% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Sorrento?
For the median home with 20% down at 7.11%, the payment is about $1,403 a month. Keeping that under 28% of gross income takes about $60,128 a year.
More about Sorrento
- Mortgage Refinance in Sorrento
- Debt Relief in Sorrento
- Home Equity Loans in Sorrento
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data