Orlando Housing Market

Orlando’s housing market gained momentum this summer as sales rose at more than twice the national pace. At the same time, fewer homes were available for sale, helping keep prices steady even as many markets across the country continued to cool.

Orlando’s housing market strengthened in July, with home sales rising nearly 7% from a year earlier. That growth ranked sixth among the 40 largest U.S. housing markets, placing Orlando just ahead of Miami for annual sales gains.

Higher mortgage rates continued to influence affordability, but buyers remained active across every major housing type. Townhomes led the way, with sales climbing more than 12% year over year. Condo sales also moved higher, rising 2.2%. Even with mortgage rates high, buyers continued to step into the market.

The number of homes for sale fell over the past year, reversing a period of inventory growth that had given buyers more choices. While inventory increased nationwide, Orlando moved in the opposite direction.

The market ended July with fewer homes available for sale than both Tampa and Miami. Homes sold quickly enough that the number of available listings continued to shrink.

The pullback was widespread. Buyers shopping for any type of home had fewer options than they did a year ago. As options became more limited, some sellers likely found themselves in a stronger negotiating position. For buyers, the shift meant more competition and fewer homes to choose from than a year earlier.

View the latest homes for sale in Orlando.

Even as housing conditions evolved, Orlando home prices remained remarkably stable. The median sale price was essentially unchanged from a year ago, supported by rising demand and a 6.1% decline in inventory.

Single-family homes remained the market's strongest segment, with the median price rising 2.1% year over year to $450,000. Condo prices fell 6.2%, though sales increased, suggesting the segment may have been regaining traction after a period of weakness. Townhome prices also edged lower but remained nearly 20% above year-ago levels.

Overall, the market became more balanced after an extended period of buyer-friendly conditions. Buyers remained active, inventory tightened, and home values largely held steady. While fewer homes were available than a year ago, Orlando still offered more favorable conditions for buyers than many major U.S. markets.

The median home sale price in Orlando increased slightly compared to the same time last year, while the national median price rose by 2.6%.

Orlando median home prices rose by $56 year over year on a nominal basis in July to $414,000. Meanwhile, the national median home price increased by $10,000 to $400,000.

Orlando was the 24th highest-priced housing market among the top 40 largest markets last month. The Orlando median home price of $414,000 was 3.5% above the national median home price. Orlando's median home price in July compares to the market's peak of $420,000 recorded in May of 2025.

Orlando's median home price in July compares to the market's peak of $420,000 recorded in May of 2025.

The median price of Orlando single-family homes rose by $9,055 over the past year to $450,000, while the median townhome price declined by 2.5%, and the median condo price fell by 6.2%.

The number of homes for sale in Orlando decreased by 6.1% in July compared to the same time last year, while national homes for sale rose by 4.4%.

Orlando homes for sale fell by 998 year over year in July to 15,312 homes for sale. Orlando ranked 35th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in July.

Orlando homes for sale were above their pre-pandemic levels in the month of July. Orlando homes for sale were 18.2% above the July 2019 total of 12,958.

Orlando single-family homes for sale decreased by 5.4% to 10,923 in July. In comparison, townhomes for sale fell by 6.4% to 2,018, and condos for sale declined by 9% to 2,371.

The number of home sales in Orlando increased by 6.7% in July compared to the same time last year, while national home sales rose by 2.9%.

Orlando home sales increased by 212 year over year on a nominal basis in July to 3,399. For context, 3,187 sales closed in Orlando in July 2025.

Orlando ranked sixth for the annual change in home sales out of the top 40 U.S. markets in July on a percentage basis. This year's July increase of 6.7% compares to the 9.4% year over year decrease in July 2025.

Orlando single-family sales increased by 6.5% in July to 2,685. In comparison, townhome sales rose by 12.1% to 389, and condo sales rose by 2.2% to 325.

For questions and commentary about this report:

Lisa McNatt, Senior Director of Market Analytics at CoStar and Homes.com, based in Orlando, is available for interviews to provide expert insights on this data and the broader residential real estate market.

Lisa McNatt

Senior Director of Market Analytics

Homes.com

lmcnatt@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Orlando during July 2026.

For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.

Definition of Sale Prices

Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Inventory

Inventory is the number of unique active listings that were for sale during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Home Sales

The total number of closed home sales on the MLS during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Days on Market

The median number of days from initial listing to closing of properties whose closing occurred during the month. This data includes detached, attached, and condominium homes. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Months of Supply (MOS)

Months of Supply (MOS) is equal to active listings divided by homes sold in a given month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

Definition of Sale to List Price Ratio

The sale-to-list price ratio is the ratio of the sale (closing) price to the original list price, whose closing occurred during the month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.

About the Homes.com Market Analytics Team

The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.

About Homes.com Analytics Data

The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.

The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.