Orlando, FL 32829 Real Estate Market Report

ZIP Code: 32829
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Orlando, FL (ZIP: 32829) is characterized by a median sold price of $415,000, reflecting a stable yet cautious market environment. The neighborhood has decreased 8% since 2022, indicating a notable shift in market dynamics. Despite this decline, the median listing price stands at $445,000, suggesting a gap between seller expectations and actual market transactions, which may create pricing friction for potential buyers.

Market activity appears to be balanced, with median days on market averaging 228 days, indicating a slower sales velocity. This extended time frame may suggest that buyers are taking a more measured approach, while elevated inventory levels contribute to a more competitive landscape. Overall, the market is showing signs of stabilization, yet the median market rent of $2,530 is also experiencing a downward trend, reflecting broader economic pressures that may influence both rental and sales markets moving forward.

---

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

false

---

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 Orlando, FL, average around 6.12% to 6.28%, which is slightly higher than recent averages seen in mid-February 2026 around 5.87% to 6.12%.

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 of $415,000 indicates a significant pricing adjustment in the market, having decreased 8% since 2022.

2. With a median listing price of $445,000, there is a notable gap between asking prices and sold prices, which may create pricing friction for buyers.

3. The median days on market of 228 days reflects a slower sales velocity, suggesting that properties are taking longer to sell.

4. The market temperature is currently neutral, indicating a balanced environment with no clear advantage for buyers or sellers.

5. Rental prices are also under pressure, with the median market rent declining to $2,530, which may impact overall demand in the housing market.

---

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.