Orlando, FL 32828 Real Estate Market Report

ZIP Code: 32828
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Orlando (32828) is currently characterized by a median sold price of $466,000, reflecting stable to slightly appreciating values. This price indicates a positive trend in market activity, as the area appears to be moving towards a balanced state. Notably, the median listing price stands at $499,000, suggesting some pricing friction between seller expectations and buyer realities. The neighborhood has experienced a stable market environment, which may indicate a gradual adjustment in pricing strategies as sellers respond to current market conditions.

Despite the elevated inventory levels, with a median days on market of 181, the market remains active, albeit with slower transaction volume. The median market rent of $3,180 shows a modest decline, yet rental demand continues to be supported by positive local economic growth. This combination of factors suggests that while the market is experiencing some challenges, it remains resilient and offers opportunities for both buyers and sellers.

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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

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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 $466,000 indicates stable market conditions, with prices reflecting actual transaction values rather than listing expectations.

2. With a median days on market of 181, the market is experiencing slower sales velocity, which may suggest a need for strategic pricing adjustments by sellers.

3. The median listing price of $499,000 shows a notable gap from sold prices, indicating potential pricing friction in the market.

4. Rental rates are experiencing a down trend, with a median market rent of $3,180, which may impact investor sentiment in the rental sector.

5. Overall, the market temperature is neutral, suggesting balanced conditions between buyers and sellers, though elevated inventory levels may lead to cautious buyer behavior.

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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.