FL · Metro #22

Orlando - FL housing market

The Orlando metro has a typical home value of $387,733, down 3.1% from a year ago. Homes sell in 33 days on average - a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$387,733
-3.1% vs. year ago
Median sale price
$386,130
-0.7% YoY
Median list price
$411,267
Sale-to-list ratio
97.1%
Selling below ask
Days on market
33d
Listings w/ price cut
26.4%
New listings / mo
3,919
-6.3% YoY
Homes for sale
16,455
-3.1% YoY
Typical rent
$1,977/mo
+0.3% YoY
Context

How to read this data

The typical home value ($387,733) 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 3.1% over the past year. A home worth $400,137 last year is now worth roughly $387,733.

The median sale price , what homes actually close for , is $386,130. Homes are selling at 97.1% 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 26.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,919 new listings hit the market each month in Orlando - FL. There are currently 16,455 homes for sale, down 3.1% from a year ago.

The typical monthly rent in Orlando - FL is $1,977, up 0.3% 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$475,622 -2.9% 52.0d
Tampa - FL$360,738 -3.4% 34.0d
Jacksonville - FL$352,994 -1.7% 43.0d
North Port - FL$403,601 -6.2% 50.0d
Cape Coral - FL$339,372 -7.3% 66.0d
Lakeland - FL$298,816 -3.2% 44.0d
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