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Orlando, FL 32803 Real Estate Market Report

ZIP Code: 32803
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The current median sold price in Orlando, FL (ZIP: 32803) is $549,499.50, reflecting a market that has experienced a down trend in prices year-over-year. This indicates a 8% decrease since 2022, suggesting that sellers may need to adjust expectations in light of recent sales activity. The market is characterized by elevated inventory levels, which may contribute to slower sales velocity, with properties averaging 203 days on market.

Despite the elevated interest rate pressure, which is currently impacting buyer behavior, the job growth in the area continues to support demand. The median listing price stands at $585,000, indicating a notable gap between asking prices and sold prices, which may signal pricing friction as buyers remain focused on value. Overall, the market appears to be stabilizing, with modest appreciation forecasts for 2026 as it shifts from recent declines toward a more balanced state.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
Last 90 Days
Total Properties Analyzed
148
Active Listings
98
Sold Properties
50

Market Metrics

Median Listing Price
$585,000
Median Sold Price
$549,500
Median Price per Sqft
$367/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,440
Rent Range
$1,910 - $2,960

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
1.19%

Liquidity & Velocity

Median Days on Market
203
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Orlando, FL market are averaging around 5.75% to 6.17% in February 2026, which is notably lower than the 6.85% average seen one year prior.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. $549,499.50 is the median sold price, indicating a recent down trend in property values.

  2. The market is experiencing elevated inventory levels, leading to slower sales velocity with properties averaging 203 days on market.

  3. The median listing price of $585,000 suggests a significant gap compared to the median sold price, indicating potential pricing friction.

  4. Year-over-year trends show a down movement in both sold prices and market rents, reflecting current market conditions.

  5. Current interest rates range from 5.75% to 6.17%, which is lower than the previous year's average, yet still contributes to elevated interest rate pressure.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

Last 90 Days
1920 Lakeside Dr, Orlando, FL 32803
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
4.5 baths
5,903 sqft
$6,295,000
Dec 1, 2025
$1,066/sqft/sqft
110 days on market
2720 Lake Shore Dr, Orlando, FL 32803
Premium

Sold above market average

4 beds
3.5 baths
3,989 sqft
$3,496,000
Jan 1, 2026
$876/sqft/sqft
1513 Nottingham St, Orlando, FL 32803
Premium

Sold above market average

4 beds
3 baths
2,907 sqft
$1,799,000
Dec 1, 2025
$619/sqft/sqft
121 days on market
403 E Amelia St, Orlando, FL 32803
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds
2 baths
1,934 sqft
$675,000
Feb 1, 2026
$349/sqft/sqft
22 days on market
3010 Oxford St, Orlando, FL 32803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,799 sqft
$489,800
Dec 1, 2025
$272/sqft/sqft
216 days on market
2319 Weber St, Orlando, FL 32803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,336 sqft
$485,000
Jan 1, 2026
$363/sqft/sqft
117 days on market
4028 Ibis Dr, Orlando, FL 32803
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,139 sqft
$480,000
Dec 1, 2025
$421/sqft/sqft
181 days on market
741 Eldridge St, Orlando, FL 32803
Quick Flip

Sold below market average

2 beds
1 baths
945 sqft
$260,000
Jan 1, 2026
$275/sqft/sqft
61 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 2/25/2026

GemHaus

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