32102
Orlando, Florida

ZIP code 32102 presents a contradiction: the median sale price of $280,000 reflects a dramatic 45.1% year-over-year increase, yet zero homes are selling above list price and the market clears in 38 days. This disconnect suggests the price surge may be decelerating rapidly, with recent transactions potentially occurring below asking despite historical appreciation. The lack of bidding wars indicates demand has cooled substantially from whatever drove last year's gains, even as nominal prices remain elevated from that previous cycle.

This environment favors patient buyers with financing already secured who can move decisively within the 38-day average marketing window. Sellers who purchased before the 45.1% run-up can still extract significant equity, but those expecting continued appreciation or premium pricing face a market where list price represents the ceiling, not the floor. Investors seeking cash flow over appreciation should evaluate whether current rents justify the $280,000 entry point, as price growth appears to be stalling while properties still require over a month to sell.

The PropIQ score of 65 signals caution for a reason: year-over-year comparisons show dramatic gains that current transaction behavior doesn't support. Monitor whether days on market extends beyond 38 and if price cuts become necessary to move inventory, both indicating the transition from appreciation to stabilization or decline. The zero percent above-list metric serves as the critical early warning that the 45.1% growth rate is already historical rather than predictive.