Oviedo home prices and market speed
The typical Oviedo home is worth about $505,600, up 0.1% on a year ago. Across the Orlando metro, for-sale inventory is 4.2% lower than a year earlier. Prices are flat to slightly down and most homes sell below list price, so buyers have room to negotiate. Sellers do best pricing from recent closed sales rather than from older list prices.
| ZIP code | Typical home value | 12-month change |
|---|---|---|
| 32766 | $601,100 | +1.9% |
| 32765 | $488,000 | −0.3% |
Sources: Zillow Home Value Index (typical home value, all homes, August 2026); Zillow metro market data (days to pending, inventory and price cuts, August 2026; sale-to-list ratio, July 2026). Metro figures cover the wider region, not the city alone.
What a local agent helps you decide in Oviedo
Oviedo is a small, mostly built-out city of 41,317 people (Census, July 2025), and its two ZIP codes stretch well past the city line. The decisions that cost buyers and sellers money here are specific to that geography.
City of Oviedo or unincorporated Seminole
An Oviedo mailing address does not mean an Oviedo tax bill. Inside city limits the 2025 millage is 16.7784; in unincorporated Seminole it is 13.6790. On a $400,000 homestead that is about $1,080 a year. The city also supplies water inside its service area, while electric service is split between Duke Energy and FPL at the Econlockhatchee River bridge on CR 419. Your agent should pull the parcel record before you write an offer.
Pricing in a market that has gone flat
Zillow's Oviedo value peaked at $519,277 in August 2024, dipped to $505,362 a year later and is at $505,623 now. Sellers who remember 2022 to 2024 often start too high. A local agent sets price from recent closed sales on your street, not last year's headlines.
Homes near UCF
The University of Central Florida, Florida's largest by enrollment with 70,674 students in fall 2025, sits just south of Oviedo next to the Central Florida Research Park. If you are buying to rent or buying next to rentals, read the HOA's leasing rules before you commit.
Buying a home in Oviedo
Get pre-approved at today's rate
At Freddie Mac's 7.03% 30-year rate (week of September 24, 2026), a home at Oviedo's typical $505,623 costs about $2,699 a month in principal and interest with 20% down and about $3,037 with 10% down. Add property tax, insurance and any HOA fee. Our Florida buying guide covers the steps.
Confirm the tax district and the real tax bill
A seller's tax bill often reflects years of Save Our Homes protection that resets when you buy. Estimate your own bill from the purchase price and the district. Our Seminole County property tax guide shows the math for every city.
Check flood history, not just the flood zone
In 2022 Hurricane Ian flooded Oviedo's lakes and the Little Econ River, and some streets were under water. Ask the seller directly about past water intrusion and claims, look up the FEMA zone, and get a flood quote even outside a high-risk zone. See our Florida flood zones guide.
Look up school zoning by address
Oviedo is served by Seminole County Public Schools. Zoning is set by address and can change, so use the district's school zone search and never rely on a listing's school line.
Selling a home in Oviedo
Price for the market in front of you
In the Orlando metro, 28.0% of listings took a price cut in August 2026, and homes that sold in July closed at 97.3% of list price. Metro inventory was 16,599 homes, down from 17,325 a month earlier. Pricing right the first time avoids a cut after the first few weeks.
Prepare for insurance questions
Buyers' insurers ask about roof age and wind features. A current four-point and wind mitigation report help. The wind mitigation guide explains what counts.
Know your net before you choose a price
Commission, doc stamps, title and any concessions come off the top. Run the numbers in our seller net proceeds calculator.
Oviedo areas at a glance
Zillow tracks two Oviedo ZIP codes. Both run beyond city limits into unincorporated Seminole.
32765
The ZIP the Census lists for the City of Oviedo, home to the historic downtown along Broadway and the Oviedo on the Park town center. Zillow's typical value was $488,022 in August 2026, down 0.3% in a year.
32766
The higher-priced ZIP, at $601,085 and up 1.9% in a year. Like 32765 it mixes city and unincorporated parcels, so check the tax district on every listing before you compare prices.
Downtown and Oviedo on the Park
The city opened Oviedo on the Park in 2015: townhouses, apartments, shops and restaurants around Center Lake Park, south of the old downtown. It is the main option if you want a walkable townhome rather than a detached house.
East toward Black Hammock and the Econ
East of the Econlockhatchee River bridge on CR 419, electric service switches from Duke Energy to FPL. Black Hammock Adventures runs airboat rides out this way. On any property toward the river, ask whether it is on city water or a well and septic, and check flood elevation. For newer homes in and around the city, see new construction in Oviedo, and for daily life see is Oviedo a good place to live.
Local property checks before you commit
- Property tax: 2025 Oviedo total 16.7784 mills; unincorporated Seminole 13.6790. Seminole's sales tax is 7%, half a point above Orange County's 6.5%.
- Insurance: Oviedo is inland, so storm surge is not the risk; wind and heavy rain are. Hurricane Charley in 2004 passed directly over the city. Get quotes during your inspection period.
- HOA and CDD: Ask for the budget, reserve study and rental rules, and read any CDD line on the tax bill.
- Utilities: Confirm water provider and whether you are on Duke Energy or FPL.
How to choose an Oviedo real estate agent
We do not rank agents or name a best one. Ask each candidate how many Oviedo and east Seminole sales they closed in the past year, which of those were outside city limits, and how their recent listings sold against list price. Florida has no set commission rate; it is negotiated. Since August 17, 2024, buyers sign a written agreement with their agent before touring, and buyer-agent pay is no longer offered on the MLS. Our Florida commission guide covers the options. Check any agent's license on the Florida DBPR license search.
Oviedo market questions answered
Is Oviedo, Florida an expensive place to live?
For the Orlando area, yes. Zillow's typical Oviedo value of $505,623 is above the City of Orlando ($371,120), Apopka ($394,175) and Winter Park ($464,563), though below Winter Garden ($566,535). Typical rent is $2,164 a month. Compare costs on our Orlando cost of living page.
Are home prices dropping in Florida in 2026?
In many places, slightly. Orlando's typical value is down 1.4% in a year and St. Cloud's down 3.3%, while Oviedo is flat at +0.1%. The Florida housing market guide has the statewide picture.
How much commission does a realtor make on a $300,000 house?
Clever Real Estate's August 2026 survey, summarized in our commission guide, put the average total Florida commission at 5.29%: $15,870 on a $300,000 sale, or about $7,920 per side. Each agent then splits their side with their brokerage.
What percentage do most realtors charge in Florida?
That survey's average was 5.29% in total, about 2.64% each for listing and buyer's agents. Every rate is negotiable, and flat-fee and reduced-rate options exist.
Common questions
Is Bright Florida Homes a real estate brokerage?+
No. Bright Florida Homes is an information and enquiry service. We publish guides on Florida cities, including Oviedo, and when you ask we introduce you to a licensed local agent. We do not list or sell homes, and we do not represent buyers or sellers in a transaction.
Is Oviedo in Orange County or Seminole County?+
Oviedo is in Seminole County, Florida. Its southern edge is close to the Orange County line and the University of Central Florida, so homes a short drive apart can be in different counties with different tax rates, school districts and permitting offices. Check the county on the parcel record.
How long does it take to sell a house in Oviedo?+
Zillow does not publish a separate Oviedo figure, but across the Orlando metro homes took about 70 days on average to go pending in August 2026, down from 71 days the month before. Homes priced in line with recent sales go faster.
What is the property tax rate in Oviedo?+
For 2025, the total rate inside Oviedo city limits is 16.7784 mills, about $1,678 per $100,000 of taxable value before exemptions. That includes the city's 5.8610 operating and 0.1140 debt levies. Homes with an Oviedo address in unincorporated Seminole pay 13.6790 mills instead.
How close is Oviedo to UCF?+
Very close. UCF's main campus sits just south of Oviedo in east Orange County, next to the Central Florida Research Park, and the university's founding in the 1960s is a big part of why Oviedo grew. SR 417 connects the area to the rest of Orlando.
Can you recommend the best realtor in Oviedo?+
We do not rank agents or name a best one. We can introduce you to a local agent who works in Oviedo and the rest of east Seminole County. Before you sign, ask about their recent sales, how they price in a flat market, and check their license on the Florida DBPR site.
Sources
- Zillow Research: ZHVI, ZORI and metro market data (August 2026)
- Freddie Mac: Primary Mortgage Market Survey
- US Census Bureau: Vintage 2025 city population estimates, Florida
- Florida Department of Revenue: 2025 Seminole County taxing authority code descriptions
- City of Oviedo: New to Oviedo (utilities)
- UCF: Facts and figures
- Wikipedia: Oviedo, Florida (history, Oviedo on the Park, hurricanes)
- Seminole County Public Schools: school zone search
- Florida Department of Revenue: discretionary sales surtax rates (DR-15DSS)
- Bright Florida Homes: Florida real estate commission guide (Clever Real Estate August 2026 survey)
- Florida DBPR: License search