FL · Metro #22

Orlando - FL housing market

The Orlando metro has a typical home value of $386,582, down 3.4% from a year ago. Homes sell in 34 days on average - a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$386,582
-3.4% vs. year ago
Median sale price
$385,859
-1.4% YoY
Median list price
$409,667
Sale-to-list ratio
96.9%
Selling below ask
Days on market
34d
Listings w/ price cut
25.8%
New listings / mo
3,769
-8.8% YoY
Homes for sale
16,134
-2.0% YoY
Typical rent
$1,963/mo
+-0.0% YoY
Context

How to read this data

The typical home value ($386,582) is the Zillow Home Value Index for the Orlando - FL metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 3.4% over the past year. A home worth $400,188 last year is now worth roughly $386,582.

The median sale price , what homes actually close for , is $385,859. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.

Homes listed in Orlando - FL sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,769 new listings hit the market each month in Orlando - FL. There are currently 16,134 homes for sale, down 2.0% from a year ago.

The typical monthly rent in Orlando - FL is $1,963, up 0.0% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in FL

MetroHome value1-yr changeDays on market
Miami - FL$473,725 -3.5% 56.0d
Tampa - FL$359,150 -3.8% 36.0d
Jacksonville - FL$351,554 -1.9% 46.0d
North Port - FL$403,701 -6.7% 48.0d
Cape Coral - FL$340,796 -8.1% 65.0d
Lakeland - FL$298,610 -3.5% 44.0d
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