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Market Snapshot

Median listing price
$470K

The median listing price in Orlando, FL ZIP 32828 is $469,900 as of June 2026.

Median rent
$2,500/mo

The median market rent in Orlando, FL ZIP 32828 is $2,500/month as of June 2026.

Days on market
165 days

The median days on market in Orlando, FL ZIP 32828 is 165 days as of June 2026. The market is currently neutral.

Gross rental yield
6.38%

At a median list price of $469,900 and a median rent of $2,500/month, the gross rental yield in Orlando, FL ZIP 32828 is 6.38% as of June 2026.

STR vs LTR
$964/mo STR · $2,500/mo LTR

In Orlando, FL ZIP 32828, median Airbnb revenue is $964/month compared to median long-term rent of $2,500/month as of June 2026.

Orlando, FL 32828 Real Estate Market Report

ZIP Code: 32828

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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
90 Days
Total Properties Analyzed
211
Active Listings
100
Sold Properties
111

Market Metrics

Median Listing Price
$469,900
Median Sold Price
$434,000
Median Price per Sqft
$220/sqft

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
$2,500

Property Taxes

Property Tax Rate
1.03%

Liquidity & Velocity

Median Days on Market
165
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
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Orlando, FL 32828 average approximately 6.46%, reflecting a sustained high-rate environment for property owners compared to earlier 2026 market lows.

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 434,000 is the primary indicator of current market value and recent transaction activity, and it suggests that recent closed transactions anchor neighborhood pricing despite a higher asking baseline; representative recent sale signals support this level.
  2. The median listing price 469,900 sits above the median sold price 434,000, which may indicate pricing friction between seller expectations and completed transactions and suggests negotiated concessions or longer marketing windows for sellers; balanced but cautious market.
  3. The median days on market 165 points to slower sales velocity and extended time to close for typical SFR and condo listings, which may reflect buyer sensitivity to affordability under current financing conditions; elevated interest rate pressure is a material headwind.
  4. The median price per square foot 220 alongside a median market rent 2,500 provides a snapshot for relative price/rent context; with rent trends flat and price year-over-year trending up, investors should treat rental income stability and modest price appreciation as complementary but not accelerating drivers of value.

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

2535 Teton Stone Run, Orlando, FL 32828
Top Sale

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

3 beds4 baths3,834 sqft
$975,000
Mar 1, 2026
$254/sqft/sqft
101 days on market
2479 Flowering Dogwood Dr Fl Owering, Orlando, FL 32828
Market Benchmark

Sold at market average

5 beds3.5 baths3,481 sqft
$765,000
Apr 1, 2026
$220/sqft/sqft
128 days on market
2609 Windsorgate Ln, Orlando, FL 32828
Market Benchmark

Sold at market average

5 beds4 baths3,790 sqft
$752,000
Apr 1, 2026
$198/sqft/sqft
228 days on market
2443 Lacerta Dr, Orlando, FL 32828
Market Benchmark

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

3 beds2 baths1,884 sqft
$476,000
Mar 1, 2026
$253/sqft/sqft
13838 Ocean Pine Cir, Orlando, FL 32828
Market Benchmark

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

4 beds2 baths2,016 sqft
$475,000
Apr 1, 2026
$236/sqft/sqft
13344 Rosemeade Cv, Orlando, FL 32828
Market Benchmark

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

4 beds2 baths2,132 sqft
$472,000
Mar 1, 2026
$221/sqft/sqft
100 days on market
1629 Shallcross Ave, Orlando, FL 32828
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds3.5 baths2,018 sqft
$342,500
May 1, 2026
$170/sqft/sqft
26 days on market
1037 Flowing Tide Dr Fl Owing, Orlando, FL 32828
Value

Sold below market average

4 beds3 baths1,749 sqft
$147,200
May 1, 2026
$84/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$199/mo
32828 Avg Rent
32828 Cost to Own
Rent$2,500
Own$2,699

20% down, 6.53% rate, 1.0% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

32828 Avg nightly rate
32828 Avg occupancy (days/year)
Nightly rate$123/night
Occupancy63 of 365 days

Data Sources

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

Report generated: 6/1/2026

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