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Orlando, FL 32832 Real Estate Market Report

ZIP Code: 32832
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The median sold price in Orlando, FL (ZIP: 32832) is $529,950, reflecting a notable shift in market dynamics. The neighborhood has decreased 8% since 2022, indicating a trend of declining values that is more pronounced compared to the broader Orlando area. This downward trajectory in home prices suggests that sellers may need to adjust their expectations to align with current market realities.

Transaction activity appears to be moderating, with 208 days as the median days on market, signaling slower sales velocity. The current market conditions are characterized by elevated inventory levels, which may indicate excess supply relative to sales activity. As mortgage rates improve, there is potential for increased buyer engagement, but the market remains in a state of cautious balance, with a neutral temperature suggesting neither strong demand nor significant oversupply.


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
Last 90 Days
Total Properties Analyzed
159
Active Listings
100
Sold Properties
59

Market Metrics

Median Listing Price
$535,400
Median Sold Price
$529,950
Median Price per Sqft
$245/sqft

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

Median Market Rent
$3,350

Property Taxes

Property Tax Rate
0.66%

Liquidity & Velocity

Median Days on Market
208
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
down
Market Temperature
neutral
Rent YoY Trend
down
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Orlando, FL, average around 6.13% compared to 6.87% one year ago, indicating a favorable market shift for refinancing opportunities.

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 $529,950 indicates a significant decrease in home values compared to previous years.

  2. With a median days on market of 208, the market is experiencing slower sales velocity than in prior periods.

  3. The median listing price stands at $535,400, suggesting a pricing gap that may create pricing friction for sellers.

  4. The median market rent is $3,350, which may influence buyer decisions as rental costs remain high in the area.

  5. Current mortgage rates around 6.13% reflect a favorable shift for refinancing opportunities, potentially stimulating buyer activity.


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

Last 90 Days
11940 Kirby Smith Rd, Orlando, FL 32832
Top Sale

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

4 beds
3.5 baths
3,665 sqft
$2,250,000
Jan 1, 2026
$614/sqft/sqft
30 days on market
9942 Hatton Cir, Orlando, FL 32832
Premium

Sold above market average

4 beds
4 baths
3,570 sqft
$1,446,000
Nov 1, 2025
$405/sqft/sqft
262 days on market
10231 Beechwood Ln, Orlando, FL 32832
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

4 beds
3.5 baths
3,668 sqft
$815,000
Jan 1, 2026
$222/sqft/sqft
29 days on market
10227 Kristen Park Dr, Orlando, FL 32832
Market Benchmark

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

4 beds
3 baths
2,640 sqft
$569,000
Jan 1, 2026
$216/sqft/sqft
10472 Eastpark Lake Dr, Orlando, FL 32832
Market Benchmark

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

5 beds
3.5 baths
2,686 sqft
$550,000
Nov 1, 2025
$205/sqft/sqft
490 days on market
10264 Lovegrass Ln, Orlando, FL 32832
Market Benchmark

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

4 beds
3 baths
2,136 sqft
$549,900
Jan 1, 2026
$257/sqft/sqft
42 days on market
13933 Budworth Cir, Orlando, FL 32832
Quick Flip

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

3 beds
2 baths
1,846 sqft
$360,000
Jan 1, 2026
$195/sqft/sqft
20 days on market
9446 Silver Buttonwood St, Orlando, FL 32832
Quick Flip

Sold below market average

3 beds
2.5 baths
1,519 sqft
$319,900
Jan 1, 2026
$211/sqft/sqft
152 days on market

Data Sources

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

Report generated: 2/19/2026

GemHaus

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