Orlando, FL 32824 Real Estate Market Report

ZIP Code: 32824
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Orlando, FL (ZIP: 32824) reflects a median sold price of $399,900, indicating a slight decrease in value year-over-year. This trend suggests a down market, which may be attributed to elevated inventory levels and longer days on market. The median days on market stands at 204 days, highlighting a slower sales velocity and potentially indicating buyer hesitance in the current economic climate.

The market is characterized by elevated inventory levels, with a notable median listing price of $452,400. This gap between listing and sold prices may create pricing friction, as sellers adjust expectations in response to the current market dynamics. Additionally, the median market rent is recorded at $2,500, which, along with the elevated interest rate pressure, contributes to a cooling rental demand, further influencing buyer sentiment and market activity.

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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

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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 $399,900 reflects a market that has decreased year-over-year, indicating potential pricing adjustments.

2. With a median days on market of 204 days, the market is experiencing slower sales velocity, suggesting a more cautious buyer approach.

3. The median listing price of $452,400 presents a significant gap compared to the sold price, indicating potential pricing friction in the market.

4. Elevated inventory levels are contributing to a down trend in the market, suggesting excess supply relative to sales activity.

5. The median market rent of $2,500 has also decreased, reflecting cooling rental demand and impacting overall market dynamics.

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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.