Is Orlando, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orlando is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Orlando has remained a Seller's Market.

Key Takeaway

Orlando is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Orlando, FL cost?

Median Sold Price

$299,461

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$27,372(+10.1%)

Key Takeaway

Homes in Orlando have sold for 10.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $115K$130K
+13.0%
2 $154.2K$187.7K
+21.7%
3 $296.3K$344.8K
+16.4%
4 $427.2K$499.7K
+17.0%
5+ $638.6K$750K
+17.4%

Median Sold Price Compared To Nearby Cities

Edgewood
+23.6%
Belle Isle
+13.8%
Winter Garden-Ocoee
+12.6%
Orlando
+10.1%
Winter Park
+7.9%

How many homes are available in Orlando, FL?

Number of Homes For Sale

Mar 2022Apr 2022%
1,1901,134-4.7%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 117122
+4.3%
2 375328
-12.5%
3 428432
+0.9%
4 191172
-9.9%
5+ 7980
+1.3%

Number of Homes Sold

Mar 2022Apr 2022%
450391-13.1%

Asking Price vs. Sold Price

122 Homes Were Sold
Under Asking

63 Homes Were Sold
At Asking

206 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orlando, you could pay more than the asking price. 52.7% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
41 Days14 Days-65.7%

Breakdown of Home Sale Times

348 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orlando are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Orlando, FL

Orlando, FL has 1,134 homes for sale to choose from. In April 2022 in Orlando, FL there were 4.7% less homes for sale than in March 2022. Listings spent 14 days on the market in April 2022, and had a median list price of $299,461 during the same period. Real estate listing prices changed between March 2022 and April 2022: the cost of 1 bedroom properties went up by 13%, the cost of 2 bedrooms properties went up by 21.7%, 3 bedrooms properties prices increased by 16.4%, 4 bedrooms properties became 17% more expensive, prices of 5 bedrooms properties went up by 17.4%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went up by 4.3%, volume of 2 bedrooms homes went down by 12.5%, 3 bedrooms homes inventory increased by 0.9%, 4 bedrooms homes became 9.9% less available, volume of 5 bedrooms homes went up by 1.3%. In April 2022, from all listings sold in Orlando, FL there were more than 206 sold above asking price, over 122 sold below and more than 63 were sold right at the asked price.

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