Orlando Housing Market Trends

The Orlando real estate market is demonstrating promising signs of recovery, driven by increasing home values, improved inventory levels, and favorable interest rates. Here’s a closer look at the latest data and what it means for buyers and sellers:

The average home value in Orlando is now $379,154, marking a 2.2% increase year-over-year.

(Source: Zillow, December 2024)

Florida’s inventory of single-family existing homes has reached a 4.6-month supply, a substantial 43.8% increase year-over-year.

(Source: Florida REALTORS)

The combination of rising inventory and declining interest rates has reinvigorated the Orlando housing market. These trends create opportunities for both buyers and sellers to engage in real estate transactions with greater confidence.

To navigate these evolving conditions, Orlando buyers and sellers need skilled, service-oriented real estate professionals who can provide expert guidance, market insights, and personalized support throughout the transaction process. They need you to make the most of this dynamic market.

Hottest Neighborhoods in Orlando

Not everyone in Orlando lives next door to America’s favorite mouse. Here are a few of the best places to live near Orlando.

• Audubon Park: Audubon Park is a lively neighborhood known for its mid-century homes, vibrant garden district, eclectic local businesses, and community-centered events like the Audubon Park Community Market. Average home value: $476,914 (up 5.9% YoY)
• Baldwin Park: Baldwin Park, FL, is a picturesque, master-planned community in Orlando featuring scenic lakes, parks, and a walkable village center with shops, restaurants, and modern homes. Average home value: $744,081 (up 5.1% YoY)
• Lancaster Park: Lancaster Park, FL, is a charming, friendly neighborhood known for its tree-lined streets, historic homes, and close-knit community vibe. Average home value: $835,844 (up 6.0% YoY)
• Lawsona / Fern Creek: Lawsona/Fern Creek is a charming Orlando neighborhood known for its historic bungalows, beautiful trees, and close proximity to downtown’s cultural and dining options. Average home value: $492,075 (up 3.5% YoY)
• Orwin Manor: Orwin Manor is a historic Orlando neighborhood established in 1924, renowned for its charming Mediterranean Revival architecture, tree-lined streets, and central location between downtown Orlando and Winter Park. Average home value: $803,136 (up 7.7% YoY)