FL · Metro #22

Orlando - FL housing market

The Orlando metro has a typical home value of $387,301, down 2.8% from a year ago. Homes sell in 33 days on average, a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$387,301
-2.8% vs. year ago
Median sale price
$388,211
-0.4% YoY
Median list price
$411,417
Sale-to-list ratio
97.2%
Selling below ask
Days on market
33d
Listings w/ price cut
26.6%
New listings / mo
3,857
-4.5% YoY
Homes for sale
16,557
-4.1% YoY
Typical rent
$1,972/mo
+0.6% YoY
Context

How to read this data

The typical home value ($387,301) 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 2.8% over the past year. A home worth $398,458 last year is now worth roughly $387,301.

The median sale price , what homes actually close for , is $388,211. Homes are selling at 97.2% of list price, meaning buyers have room to negotiate.

Homes listed in Orlando - FL sit on the market for roughly 33 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,857 new listings hit the market each month in Orlando - FL. There are currently 16,557 homes for sale, down 4.1% from a year ago.

The typical monthly rent in Orlando - FL is $1,972, up 0.6% 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$476,598 -2.2% 52.0d
Tampa - FL$361,156 -2.9% 34.0d
Jacksonville - FL$353,742 -1.3% 42.0d
North Port - FL$404,078 -5.4% 52.0d
Cape Coral - FL$338,436 -6.4% 68.0d
Lakeland - FL$298,822 -3.0% 44.0d
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