$247,503Average Value$255Average Price per Sq Ft7Homes For Sale
Pro sports and new businesses in Parramore
Parramore has evolved over its 100-plus years as a neighborhood, but entertainment and commerce have remained at the core of its identity. A hotel, casino and nightclub that opened in the 1920s once attracted acts such as Ray Charles, while today, Parramore draws crowds because of the professional sports played at the Kia Center and Inter&Co Stadium. Following the establishment of those two venues, trendy businesses such as breweries opened in Parramore, creating a mix of old and new just blocks from Orlando ’s Central Business District.
A colorful mural welcomes people to Parramore.
Parramore is a downtown neighborhood directly west of the Central Business District.
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Renovations and new construction bring investment to Parramore
Many of Parramore’s original homes were built before the 1950s, and some of those Craftsman houses and bungalows have been updated with new kitchen appliances and LED lighting, while others are fixer-uppers in need of significant investment. Some new homes built in the 2000s, 2010s and 2020s replicate the Craftsman designs of the neighborhood’s past, while others were constructed with more contemporary looks. The new construction that has come to Parramore appears to be what the neighborhood has needed, says Aida Martin, owner of Midtown Realty of Orlando and a resident since 1979. “Great things are beginning to happen, and we’ve been promised great things for a long time, but this time, we’re getting development, and it’s the right kind of development,” she says. “I’ll give the city a lot of credit; it has put a lot of thought into the latest development.” Recent Parramore homes sales start in the lower $200,000s, while new homes have sold as high as the upper $300,000s.
Parramore's streets have plenty of quaint bungalows.
Parramore real estate is a nice mix of older and newer, smaller and larger homes.
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Pro basketball, soccer and more at the Kia Center and Inter&Co Stadium
Parramore frequently welcomes sports fans from across Central Florida to the Kia Center and Inter&Co Stadium. Fans wave flags and scarves from the stands of Inter&Co Stadium during Orlando City and Orlando Pride soccer matches, and a couple of blocks away, the NBA’s Orlando Magic play at the Kia Center. The Kia Center hosts other events, including:
Homes games of the Orlando Solar Bears, a minor-league hockey team
Concerts, stand-up acts and other stage performances
Home games of the Orlando Pirates, an Indoor Football League member
Family-friendly shows, such as Disney on Ice
There’s also free recreation at Parramore’s parks. Z.L. Riley Park has a tarp-shaded playground and picnic tables with grills inside the park’s gates, which are decorated with a mosaic of past Parramore resident Z.L. Riley, the founder of the African-American Chamber of Commerce Central Florida.
Craft beer, soul food and themed bars nearby
Residents seeking a place to go out for food and drinks benefit from Parramore’s established restaurant scene, the neighborhood’s growing selection of newer businesses, and the abundance of restaurants and bars in the nearby Central Business District. Local spots include:
Broken Strings Taproom, a beer joint pouring craft beer from Central Florida’s Three Odd Guys Brewing
Nikki's Place, a soul food restaurant that started in the '40s and switched to its current name in 1999
Super Rico Colombian Restaurant & Bar, a small downtown spot that draws lunchtime crowds
Wall Street, a pedestrian-only strip of themed bars in the Central Business District
Compared to the restaurants, the retail selection is more limited. But there are a few longtime staples, including Palmer’s Feed & Seed, a shop founded in 1947 selling hardware, farm supplies and fishing bait. Convenience stores dot the neighborhood, and Sy’s Supermarket has groceries within walking distance of most of Parramore.
Restaurants and bars are just a few blocks away in the Central Business District.
Nikki's Place's opened in the 1940s, and a longtime chef took it over in 1999.
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OCPS Academic Center for Excellence is a school and community hub
Parramore is served by Orange County Public Schools, which operates the OCPS Academic Center for Excellence just outside the neighborhood. The prekindergarten-through-eighth-grade campus not only houses classrooms, but also a Boys and Girls Club, preschool and medical clinic. Students can advance to Jones High School, where teens who join the Medical Magnet program may earn college credits through Valencia College.
Highways and bus routes pass through Parramore
Interstate 4 and Florida state Road 408, two of Orlando’s major highways, intersect in Parramore, and you can hop on either roadway for quick travel across Central Florida. Homes are within either walking or biking distance of the office towers, government buildings and cultural venues, such as the Dr. Phillips Center of the Performing Arts, that are a mile-or-so away in the Central Business District. Lymmo buses pick up passengers in Parramore and take them to the CBD for free, while Lynx buses take riders from the neighborhood to the International Drive tourism district for a fee.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Parramore Demographics and Home Trends
On average, homes in Parramore, Orlando sell after 70 days on the market compared to the national average of 55 days. The median sale price for homes in Parramore, Orlando over the last 12 months is $306,350, up 45% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$350,000
Median Sale Price
$306,350
Median Single Family Sale Price
$309,500
Median Townhouse Sale Price
$336,990
Median 2 Bedroom Sale Price
$343,495
Median Change From 1st List Price
1%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
45%
Average Price Per Sq Ft
$255
Neighborhood Facts
Number of Homes
418
Number of Homes for Sale
7
Median Year Built
1962
Months of Supply
10.50
Average Single Family Home Size Sq Ft
1,089
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
1,404
Median Lot Size Sq Ft
3,920
Distribution of Home Values
Source: Public Records
Market Report
Orlando Housing Market
Orlando home sales are rising even as fewer homes hit the market.
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