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 Orlando market, specifically in the 32803 ZIP code, is currently experiencing a median sold price of $544,750, reflecting a recent shift towards stabilization after a period of price declines. This marks a significant indicator of market value and transaction activity, as sold prices are more reflective of actual market conditions than listing prices. The neighborhood has decreased 8% since 2022, suggesting that while prices have softened, there may be signs of recovery as the market adjusts to current conditions.

Transaction activity appears to be moderate, with median days on market at 202, indicating slower sales velocity. Elevated inventory levels are present, which may create pricing friction as buyers navigate a more balanced environment. The ongoing elevated interest rate pressure continues to influence buyer behavior, contributing to a cautious market atmosphere. Overall, the combination of strong underlying population growth and current market dynamics suggests potential for long-term demand, despite short-term challenges.

---

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.

---

Market Metrics

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

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

---

Liquidity & Velocity

---

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates around 5.86% to 6.13% in the Orlando area are notably lower than the 6.87% average seen one year ago, presenting a cost opportunity for property owners.

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

---

Key Findings

1. The median sold price is $544,750, indicating a recent decrease of 8% since 2022.

2. With a median days on market of 202, the market is experiencing slower sales velocity.

3. Current median listing price stands at $575,000, suggesting a notable gap between asking prices and actual sold prices, which may create pricing friction.

4. The median market rent is $2,440, reflecting a stable rental environment amidst down trends in rental prices year-over-year.

5. The market temperature is neutral, indicating a balanced environment despite elevated inventory levels relative to sales activity.

---

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.