32829
Orlando, Florida
Orlando 32829 needs watching.
The 32829 ZIP code in Orlando, Florida has a median sale price of $440K, down -7.8% year-over-year. Homes spend an average of 56 days on market, with 7% 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 32829.
The 32829 market has shifted decisively in favor of buyers, with the median sale price settling at $440,370 after a 7.8% year-over-year decline. Homes are averaging 55.5 days on market, and only 7% of properties are commanding above-list offers—a stark reversal from the seller-dominated conditions that characterized Orlando's post-pandemic years. This pricing pressure indicates meaningful inventory relief and weakened buyer urgency across this southeastern Orlando ZIP code.
Price-sensitive first-time buyers and investors seeking entry points will find the current dynamics favorable, particularly those willing to negotiate during the 55-day marketing window. The 7% above-list metric suggests that 93% of transactions close at or below asking price, creating room for offer strategy. Sellers facing relocation deadlines or holding multiple properties should expect longer timelines and potential concessions compared to 2024-2025 performance levels.
The PropIQ score of 55 signals continued caution rather than immediate recovery, suggesting the pricing correction may not have fully resolved. Watch for stabilization in days-on-market figures and any movement in above-list percentages above 15% as early indicators of sentiment shift. Until absorption rates tighten and the year-over-year decline moderates toward flat performance, expect negotiation leverage to remain with buyers through mid-2026.
What is the median home price in 32829 Orlando?
The median sale price in 32829 is $440K, down -7.8% year-over-year as of 2026-02-28.
How long do homes stay on the market in Orlando 32829?
Homes in 32829 Orlando spend an average of 56 days on market before going under contract.
Is Orlando 32829 a good place to invest in real estate?
Folio's PropIQ™ score for 32829 is 55/100 — a Caution signal. 7% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 32829?
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 32829 Orlando, Florida.