ORLANDO MARKET DATA

Orlando housing market: prices, inventory and what the numbers mean for you

The Orlando housing market is soft but not falling fast: Zillow's typical home value in the city was $371,120 in August 2026, down 1.4% in a year and 5.5% below the August 2024 level of $392,663. Across the metro, homes took an average of 70 days to go under contract and sold for about 97.3% of list price, which gives buyers room to negotiate and sellers reason to price carefully.

YOUR NEXT STEP01 / 02
Antonio RobertsYour enquiry comes straight to me.

Discuss your next home purchase.

Share your goal and location to start a property conversation.

No obligation to choose an agent.

Orlando median home price and housing market numbers

$371kTypical home value (Aug 2026)
−1.4%Change over 12 months
$396kMedian sale price (July 2026, metro)
70 daysTo go under contract (metro)
97.3%Of list price achieved (metro)
−4.2%For-sale inventory vs a year ago (metro)
MonthTypical Orlando home valueChange on prior year
August 2026$371,100−1.4%
August 2025$376,500−4.1%
August 2024$392,700+3.5%
August 2023$379,300+1.0%
August 2022$375,700+24.9%
August 2021$300,700+15.8%
August 2020$259,600+5.3%
August 2019$246,500+5.6%
August 2018$233,400+9.7%
August 2017$212,700+10.0%
August 2016$193,400n/a

Zillow Home Value Index (all homes, smoothed, seasonally adjusted) and Zillow metro market data for the Orlando metro, including the median sale price. Metro figures cover the wider region. The typical home value is Zillow’s mid-market index for Orlando itself; the 5-year change is +23.4%.

What the ten-year trend shows

Orlando values nearly doubled over the decade. Zillow's typical home value went from $193,390 in August 2016 to $371,120 in August 2026, a rise of about 92%. Most of that gain came in two years: values rose 15.8% in the year to August 2021 and another 24.9% in the year to August 2022.

Since then the market has flattened and eased. Growth slowed to 1.0% and 3.5% in the next two years, then turned negative: down 4.1% in the year to August 2025 and down 1.4% in the year to August 2026. The five-year change is still up 23.4%, so an owner who bought in 2021 is likely ahead on paper, while one who bought at the 2024 level may be slightly under it before selling costs.

The pace of decline slowed in the last year. That is not a forecast, but it does mean the price cuts of 2024 and 2025 are not accelerating.

Sale speed, price cuts and inventory

The metro figures from Zillow for August 2026 describe a balanced to buyer-leaning market:

Days to pending

An average of 70 days, compared with 71 a year earlier. Homes are not flying off the market, but the pace has stopped slowing.

Sale-to-list ratio

97.3%, up slightly from 97.2% a year earlier. On a $395,500 sale, the metro median, that is roughly $10,500 below the final list price on a typical deal.

Price cuts

28.0% of listings had a price reduction, down from 29.6% a year earlier. Sellers are still adjusting, but slightly fewer have had to.

Inventory

16,599 homes for sale across the metro, 4.2% fewer than a year earlier.

Median sale price

$395,500, up about 0.6% from $393,333 a year earlier.

For context, Realtor.com's median listing price for the Orlando-Kissimmee-Sanford metro was $415,000 in August 2026, about $19,500 above the median sale price. Asking prices are still running ahead of what homes actually close at.

Where prices are holding and where they are slipping

By neighborhood

Zillow's neighborhood data for August 2026 shows several established central neighborhoods holding value while some lower-priced areas fell sharply.

Neighborhood (Zillow)Typical value, Aug 202612-month change
Baldwin Park$756,267+0.3%
College Park$542,526+1.3%
Lake Eola Heights$471,078+1.5%
Lake Nona South$715,622-0.2%
Lake Nona Central$586,269-2.4%
Hunters Creek$468,963-1.0%
Central Business District$262,738-6.6%
Metro West$220,435-6.2%
Kirkman North$147,388-10.5%
Conway$142,276-12.0%

In this sample the steepest drops are in the lower-priced areas, while College Park, Lake Eola Heights and Baldwin Park are flat to slightly up.

By ZIP code

Only four of the 26 Orlando ZIPs Zillow tracks rose over the year: 32804 (+1.1%), 32809 (+1.0%), 32803 (+0.9%) and 32814 (+0.3%). The largest drops were in 32811 (-5.6%), 32801 (-3.6%), 32822 (-3.2%) and 32835 (-3.1%). See Orlando ZIP codes by home value.

Condos, luxury homes and new construction

Condos

Condo-heavy areas were among the weakest: the Central Business District fell 6.6% and Metro West 6.2%. Florida's milestone inspection and reserve study rules add costs in older buildings, so read the Orlando condo guide before relying on any citywide figure.

Luxury homes

At the top end, Lake Nona Estates, which includes Lake Nona Golf and Country Club, had a typical value of $2,567,074, up 2.1%, and Orwin Manor $933,636, up 9.0%. Small neighborhoods with few sales can swing sharply, so treat single-year jumps with care.

New construction

Builders in southeast Orlando compete directly with resales. In Lake Nona, the developer's September 2026 listings ran from the upper $300,000s for Pulte townhomes to the $1,600,000s for custom golf homes. The Orlando new construction guide explains what to ask, including CDD charges.

Is now a good time to buy a house in Orlando?

For many buyers it is a reasonable time to negotiate, with the caveat that nobody can time the bottom. Buyers have some leverage, but it is not unlimited. A 97.3% sale-to-list ratio means most sellers are still getting close to asking, so a very low offer on a well-priced home will usually be countered or ignored.

Check days on market for the specific home

A listing past the 70-day metro median, or one that has already had a price cut, is where concessions are most likely: seller-paid closing costs, a rate buydown or repairs.

Price the monthly cost, not just the price

At the 30-year average rate of 7.03% (Freddie Mac, week of September 24, 2026), principal and interest on the $371,120 typical home with 10% down is about $2,229 a month before tax, insurance and any HOA or CDD charge. The Orlando cost of living guide adds those up.

Compare against new construction

Builder incentives can change the math on a resale purchase. The Orlando new construction guide explains what to ask.

Is now a good time to sell a house in Orlando?

It depends on your timeline. If you need to sell in the next few months, price realistically: with nearly three in ten listings taking a price cut, the cost of overpricing is real: a reduction after a few weeks usually means more days on market, not a higher final price.

Price to recent closed sales, not asking prices

Metro asking prices ran about $19,500 above the median sale price in August 2026.

Plan for a longer timeline

A 70-day median to pending, plus the time to close, affects when you can buy your next home or stop paying two mortgages.

Budget for concessions

Buyers may ask for help with closing costs or a rate buydown. Run the numbers with the seller net proceeds calculator and read Florida closing costs.

If speed matters more than price, the guide to selling an Orlando house fast compares the options. For an estimate on your own address, start with the Orlando home value page.

Outlook: what to watch over the next year

We don't publish our own price forecast. These are the sourced factors that will move Orlando prices over the next year.

Mortgage rates

Freddie Mac's 30-year average was 7.03% for the week of September 24, 2026. At that rate, principal and interest on the $371,120 typical home with 10% down is about $2,229 a month; each rate change moves that figure for every buyer.

Inventory

Metro inventory was 16,599 homes in August 2026, 4.2% fewer than a year earlier. Falling inventory would normally support prices if demand holds.

Insurance

Citizens Property Insurance recommended raising its average Orange County homeowners premium 4.8% to $2,922 for policies from June 2026, which adds to the monthly cost of owning.

Property tax and Amendment 3

Florida voters decide on Amendment 3 in November 2026. According to Orange County, it would raise the homestead exemption for non-school taxes to $150,000 in 2027 and $250,000 in 2028, and it needs at least 60% of the vote to pass. Check the Orange County property tax guide for how it could affect a given home. This page is refreshed monthly with Zillow's latest figures.

Common questions

Are home prices dropping in Orlando?+

Slightly. Zillow's typical home value in Orlando was $371,120 in August 2026, down 1.4% from a year earlier and 5.5% below the August 2024 figure of $392,663. The decline is slower than the 4.1% drop in the year to August 2025. Changes vary widely by neighborhood: Baldwin Park and College Park were flat to up, while Conway and Kirkman North fell more than 10%.

Is Orlando a buyer's or seller's market right now?+

It leans toward buyers. In August 2026 metro Orlando homes took an average of 70 days to go under contract, sold at about 97.3% of list price, and 28.0% of listings had a price cut. Inventory was 4.2% lower than a year earlier, though, so well-priced homes in popular neighborhoods can still sell close to asking.

How long does it take to sell a house in Orlando?+

Across the Orlando metro, the median home took 70 days to go under contract in August 2026, compared with 71 days a year earlier, according to Zillow. Closing usually adds several more weeks after that. Homes priced in line with recent sales tend to move faster than the median, while those that need a price cut usually take longer.

What is the median home price in Orlando?+

It depends on the measure. Zillow's typical home value for the City of Orlando was $371,120 in August 2026. The median sale price across the Orlando metro was $395,500, and Realtor.com's median listing price for the Orlando-Kissimmee-Sanford metro was $415,000. Listing prices run above sale prices because many homes sell below their asking price.

Is now a good time to buy a house in Orlando?+

For buyers who plan to stay several years, conditions favor negotiation. In August 2026 metro Orlando homes averaged 70 days to go under contract, 28.0% of listings had a price cut and homes sold at about 97.3% of list. Mortgage rates near 7.03% keep monthly costs high, so compare the full payment, including tax and insurance, before you commit.

Will Orlando home prices go down in 2027?+

Nobody can say with certainty, and we do not publish our own forecast. Zillow's typical Orlando value fell 1.4% in the year to August 2026, a slower drop than the 4.1% fall a year earlier, while metro inventory was 4.2% lower than a year before. Mortgage rates, insurance costs and the November 2026 vote on Amendment 3 are the factors to watch.

Sources

Antonio Roberts
ABOUT THE AUTHOR

Antonio Roberts

Antonio Roberts has spent five years helping more than 500 Florida buyers and sellers choose the right real estate agent. He is not a real estate agent himself: he researches what matters in a Florida move and connects people with licensed local agents, free of charge.

Reviewed by a licensed Florida real estate agent. Before publication, this guide was checked for accuracy by a licensed Florida real estate agent on our team. It is general information, not legal, tax or financial advice.

More about Antonio and how the service works →
YOUR NEXT PROPERTY DECISION

Start with your location and your goal.

Request a conversation about the move you are planning.

Start my enquiry ↗
Get matched with an Orlando agent ↗
Find an Orlando agent →
BEFORE YOU GO
Antonio RobertsYour enquiry comes straight to me.

Want an Orlando agent who fits your move?

Tell me what you need and I will match you with a licensed local agent. No obligation to work with anyone I introduce.