32704
Orlando, Florida
Orlando 32704 needs watching.
The 32704 ZIP code in Orlando, Florida has a median sale price of $395K, down N/A year-over-year. Homes spend an average of 85 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 27 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32704.
The 32704 market shows definitive cooling with homes sitting at 85 days on market and zero properties closing above asking price. The $395,000 median sale price has remained flat year-over-year, indicating neither appreciation nor depreciation momentum. This stagnation, combined with extended marketing periods, signals a fundamental shift from the momentum-driven conditions that characterized Orlando submarkets through 2024-2025. Buyer leverage has returned to this ZIP code.
These conditions favor deliberate purchasers who can negotiate below list price and impose inspection or financing contingencies without competitive pressure. First-time buyers previously priced out by bidding wars now have 85 days to conduct due diligence rather than making sight-unseen offers. Sellers with equity and flexible timelines can still exit at $395,000, but those requiring quick sales or lacking price flexibility face measurable headwinds in this environment.
The PropIQ score of 27 indicates deteriorating fundamentals beyond normal seasonal adjustments, suggesting further softening ahead rather than stabilization. Markets rarely bottom at flat year-over-year changes; price declines typically follow extended inventory accumulation periods. Buyers should monitor whether days-on-market extends past 90 and if the zero-above-ask metric persists through spring selling season, both would confirm continued downward pressure on the $395,000 median.
What is the median home price in 32704 Orlando?
The median sale price in 32704 is $395K, down N/A year-over-year as of 2026-02-28.
How long do homes stay on the market in Orlando 32704?
Homes in 32704 Orlando spend an average of 85 days on market before going under contract.
Is Orlando 32704 a good place to invest in real estate?
Folio's PropIQ™ score for 32704 is 27/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 27 mean for 32704?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 27 = Caution in 32704 Orlando, Florida.