Orlando, FL 32803 Real Estate Market Report

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

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

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

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

Key Findings

1. The primary market indicator, median sold price, is 472,500, which reflects realized transaction value and should be prioritized over asking prices when setting offers or appraisals; note this sits alongside a median listing price of 564,950, which may indicate seller pricing above recent transaction levels and suggests pricing friction as the market rebalances.
2. Price momentum shows a down year-over-year trend for prices while rent is up, implying homeowners and investors should account for a softer sales market but improving rental demand when evaluating hold vs. sell decisions; median market rent is 2,000 and median price per square foot is 349 for local comparables.
3. Market velocity is slow: median days on market is 387, which appears to signal slower sales velocity and greater negotiation timeframes; sellers may need to adjust expectations or offer concessions, while buyers should plan for elongated decision windows and thorough due diligence.
4. Broader market context is neutral: the market temperature is neutral and interest rate pressure is elevated (current local 30‑year fixed rate referenced at 6.49%), so financing sensitivity remains a notable constraint—structure offers and financing contingencies accordingly to remain competitive.

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.