Orlando, FL 32804 Real Estate Market Report

ZIP Code: 32804
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The median sold price in Orlando (32804) is $469,750, reflecting a stable market environment with modest price appreciation. This price indicates a solid foundation for market value, as it represents actual transaction activity, contrasting with the median listing price of $589,450. The neighborhood has shown stability, with a price year-over-year trend described as flat, suggesting that while prices are not experiencing significant growth, they are also not declining, which is a positive sign for current homeowners and potential buyers alike.

Market liquidity appears to be moderate, characterized by 260 days on market for sold properties, indicating slower sales velocity. The elevated inventory levels relative to sales activity suggest that buyers may have more options available, which could lead to increased negotiation power. However, demand remains robust due to ongoing population and job growth in the region, contributing to a balanced market atmosphere.

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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.

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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.

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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.

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Property Taxes

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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.

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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.

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Key Findings

1. The median sold price of $469,750 indicates a stable market with modest price appreciation.

2. With 260 days on market, the sales velocity is slower, suggesting moderate market activity.

3. The median listing price of $589,450 shows a significant gap compared to sold prices, indicating potential pricing friction for sellers.

4. Inventory levels are elevated, suggesting excess supply relative to sales activity in the market.

5. The median market rent of $2,120 reflects stabilized rent growth, indicating strong demand in the rental market.

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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.