Orlando, FL 32829 Real Estate Market Report
ZIP Code: 32829
Report Date: May 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.
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.
Rental Market
Property Taxes
Liquidity & Velocity
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the Orlando 32829 area are averaging 6.35%, which is 0.34% higher than the 6.01% average observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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The primary market-value indicator is the median sold price: $415,000, which serves as the representative recent sale level anchoring valuation and signaling market direction when compared to current listing expectations.
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There is a noticeable gap between the median listing price ($460,000) and the median sold price ($415,000), which may indicate pricing friction and suggests sellers’ expectations are above realized transaction levels.
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The market exhibits slower sales velocity as reflected by the median days on market of 276, while broader market temperature appears neutral, suggesting a more balanced transaction environment rather than a one-sided market.
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Financing and rental pressures are headwinds: interest rate pressure is elevated (current 30-year fixed mortgage rates averaging 6.35%, up 0.34% from earlier in 2026) and rent year-over-year trend is down with a median market rent of $2,250, which may dampen investor demand and tighten buyer affordability.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold at market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Orlando, FL 32829 Real Estate Market Report
ZIP Code: 32829
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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.
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.
Rental Market
Property Taxes
Liquidity & Velocity
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.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in the Orlando 32829 area are averaging 6.35%, which is 0.34% higher than the 6.01% average observed earlier in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
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median sold price 238,500 is the primary indicator of realized market value in 32829 and represents the most reliable recent transaction signal for pricing decisions; use sold price, not asking price, for valuation.
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The gap between median listing price 249,900 and median sold price 238,500 suggests seller expectations exceed recent transaction levels and may result in pricing friction unless sellers adjust to recent sale realizations.
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With median days on market 308, the market shows slower sales velocity and appears to have moderate transaction volume, which may increase time-to-contract risk for listings priced above the representative recent sale level.
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Interest-rate pressure is elevated: Current 30-year fixed mortgage rates in the Orlando 32829 area are averaging 6.35%, which is 0.34% higher than the 6.01% average observed earlier in 2026; combined with a down price year-over-year trend and down rent year-over-year trend, this suggests financing headwinds that may further temper near-term price appreciation.
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.3% rate, 1.0% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 5/1/2026
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