34788
Orlando, Florida

The Orlando 34788 market recorded a median sale price of $297,879 as of February 2026, reflecting a substantial 20.6% year-over-year appreciation that outpaces most comparable Florida submarkets. Inventory is moving at a moderate pace with homes averaging 87.5 days on market, while only 14% of properties sold above asking price. This combination of strong price growth with slower absorption and limited bidding wars indicates a market transitioning away from the seller-dominated conditions of previous quarters.

These conditions favor sellers who purchased before the recent appreciation cycle, as they can capture significant equity gains despite the 87.5-day marketing period. The 14% above-list-price metric suggests buyers have regained negotiating leverage, making this environment suitable for price-sensitive purchasers willing to conduct thorough due diligence during the extended DOM window. Investors chasing momentum may find the risk-reward ratio less favorable than markets with faster absorption rates and higher bidding competition.

The PropIQ score of 65 signals caution, suggesting current appreciation rates may not be sustainable given the moderate demand indicators. The divergence between 20.6% price growth and only 14% above-list sales, combined with the 87.5-day DOM, points to potential deceleration ahead. Market participants should monitor whether days-on-market extends further and if the percentage of above-list sales contracts, as these would confirm a normalization phase following the recent price surge.