32804
Orlando, Florida
Orlando 32804 needs watching.
The 32804 ZIP code in Orlando, Florida has a median sale price of $542K, down -4.5% year-over-year. Homes spend an average of 67 days on market, with 10% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 32804.
The 32804 market shows clear deceleration with a median sale price of $542,300, down 4.5% year-over-year as of February 2026. Properties are averaging 67 days on market, indicating extended selling timelines compared to peak conditions. Only 10% of homes are closing above list price, signaling a substantial shift from competitive bidding environments. This price compression suggests sellers are adjusting expectations while inventory absorption slows across this Orlando ZIP code.
Buyers gain negotiating leverage in this environment, particularly those with financing secured and flexibility on closing timelines. The 67-day market duration provides adequate due diligence windows without pressure tactics. Value-oriented investors may find entry points given the 4.5% price decline, though the PropIQ score of 55 indicates measured caution rather than aggressive acquisition. Sellers facing relocation deadlines or holding costs should price competitively given that 90% of transactions close at or below list.
The PropIQ score of 55 reflects neutral-to-bearish momentum requiring close monitoring of absorption rates and employment data. If days on market extends beyond 75 days or the percentage selling above list drops below 8%, further price adjustments become probable. Inventory levels and mortgage rate movements will dictate whether this represents temporary recalibration or sustained correction. The current data suggests stabilization rather than recovery through Q2 2026.
What is the median home price in 32804 Orlando?
The median sale price in 32804 is $542K, down -4.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Orlando 32804?
Homes in 32804 Orlando spend an average of 67 days on market before going under contract.
Is Orlando 32804 a good place to invest in real estate?
Folio's PropIQ™ score for 32804 is 55/100 — a Caution signal. 10% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32804?
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 55 = Caution in 32804 Orlando, Florida.