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Orlando Housing Market

By Lisa McNatt

Orlando’s housing market is cooling, with prices and home sales both falling from a year ago

Home prices edged down over the past year, even as U.S. prices rose, while home sales and new listings both dropped about 6%.

Moderating employment growth contributing to softer home sales

Orlando’s economic output, population growth, and consumer spending are all moderating in 2026 compared to recent years. Employment is the only primary metric projected to be flat this year, compared to an annual growth rate of 4.4% as recently as 2023. In-migration has been slowing over the last few years and is not expected to recover to recent highs by the end of the decade, and many employers are still evaluating their operational needs.

Home sales activity in Orlando has softened, with total transactions in April 2026 down 6.4% year over year. The decline has been most pronounced in the townhome segment, where sales have fallen by more than 8% over the same period.

Orlando inventory tightens as listings fall against national growth trends

The number of active listings declined year over year by 5.8% in the Orlando market, compared to a 6.3% increase nationwide. Orlando ranked 14th out of the top 40 markets in the nation for active listings, ahead of several Sun Belt markets, including Austin, Charlotte, and Nashville.

Across the market, active listings have declined by nearly 6% year over year as of April 2026, but the market still ranks in the 15 largest U.S. markets for the number of homes on the market. Inventory has been constrained in part by homeowners who locked in historically low mortgage rates in prior years and were reluctant to put their homes on the market.

Orlando median home price declines as condos see the steepest year-over-year drop

The median home price in Orlando fell modestly by 0.2% year over year as of April 2026 to $409,000, ranking Orlando in the bottom tier of the nation’s top 40 markets for annual price change. No segment was spared, though the year-over-year change in single-family homes was limited to a decline of 1.1%. Condos, on the other hand, saw prices fall by 7.9% to a median of just over $193,000, while townhome prices dropped by 4.2%.

Pricing for condos and townhomes is being weighed down by buyer concern over a combination of stricter structural and inspection requirements, higher reserve funding mandates, and rising insurance premiums and special assessments.


Summary boxes indicating that Orlando's median sale price has declined by 0.2% to $409,000 alongside a slowing trend in active listings and home sales.
Orlando's median sale price decreased by 0.2% year over year as of April 2026 alongside a slowing trend in both active listings and home sales.


Orlando Sale Prices

The median home sale price in Orlando decreased by 0.2% compared to the same time last year, while the national median price rose by 1.7%.

Orlando ranks 30th for annual median price change among the top 30 US markets

Orlando median home prices decreased by $1,000 year over year on a nominal basis in April to $409,000. Meanwhile, the national median home price increased by $6,500 to $390,000.

Orlando's median home price is above the nation's

Orlando was the 22nd highest-priced housing market among the top 40 largest markets last month. The Orlando median home price of $409,000 was 4.9% above the national median home price. Orlando's median home price in April compares to the market's peak of $420,000 recorded in May of 2025.

Orlando single-family prices decrease

The median price of Orlando single-family homes fell $5,000 over the past year to $435,000, while the median townhome price declined 4.2%, and the median condo price fell 7.9%.


Indicator chart summarizing Orlando median sale price, annual change, and national ranking compared with the United States.
At $409,000 Orlando ranked 22nd nationally for median home sale price, posting a 0.2% annual decrease, underperforming the U.S. average.


Line chart of Orlando home prices since 2018, reaching $409K in 2026, showing flattening growth and slight annual decline.
Orlando’s median sale price reached $409,000 in April 2026, remaining above the U.S. median of $390,000, but annual growth has turned slightly negative and ranked 30th among major U.S. markets.


Area chart of Orlando home price growth rates since 2018, slowing to negative 0.2% after prior double-digit increases.
Year-over-year price growth in Orlando has declined by 0.2% in April 2026, down significantly from double-digit gains seen earlier in the cycle.


Column chart showing April annual price growth in Orlando, peaking near 25% and falling to negative 0.2% by 2026.
Annual price growth in April has slowed markedly and is down 0.2% in 2026, a drop from a peak of 25% during the pandemic-driven surge.


Horizontal bar chart comparing metro home prices, with Orlando at $409K positioned near the middle of 40 U.S. markets.
At $409,000, Orlando ranked mid-tier among major U.S. metros for home prices, below coastal markets but above several Sun Belt peers.


Horizontal bar chart of metro price growth rates, showing Orlando at negative 0.2% among lowest-performing markets.
Orlando’s annual price change places it near the bottom tier nationally, significantly underperforming markets still posting positive growth.


Bar charts showing Orlando prices by property type, with all segments declining annually, condos falling the most at nearly 8%.
Single-family home prices declined the least year over year by 1.1% as of April, while condos saw the steepest drop of 7.9%.


Two horizontal bar charts show Orlando sale prices and annual change; single-family $435,000 (-1.1%), townhomes $345,000 (-4.2%), and condos $193,444 (-7.9%).
Orlando sale prices were highest for single-family homes at $435,000, but all three property types posted year-over-year declines, led by condos.


Orlando Inventory

The number of active listings in Orlando decreased by 5.8% in April compared to the same time last year, while national active listings rose by 6.3%.

Orlando's inventory of homes for sale decreases

Orlando active listings fell by 984 year over year in April to 15,956 active listings. 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 April.

Orlando active listings are above their pre-pandemic levels

Orlando active listings were above their pre-pandemic levels in the month of April. Orlando active listings were 18.0% above the April 2019 total of 13,520.

Orlando single-family inventory decreases

Orlando single-family active listings decreased by 4.7% to 11,315 in April. In comparison, townhome active listings fell by 5.2% to 2,371, and condo active listings declined by 11.6% to 2,270.


Summary graphic showing Orlando active listings at 15,956, down 5.8% annually, ranking 14th among U.S. markets for the number of active listings.
With 15,956 active listings, Orlando ranked 14th nationally in April.


Line chart of Orlando active listings since 2018, reaching 15,956 in 2026 with a 5.8% annual decline.
Active listings in Orlando totaled 15,956 in April 2026, down 5.8% year over year, underperforming the U.S. increase of 6.3% and ranking 35th nationally for inventory growth.


Area chart of Orlando listing growth rates, declining to negative 5.8% after strong positive gains in prior years.
Annual inventory growth was down 5.8% in April 2026, a sharp pullback from the double-digit increases recorded during 2023–2024.


Bar chart of April listing growth rates in Orlando, falling to negative 5.8% after prior increases above 30%.
Annual inventory gains have cooled by 5.8% in 2026, down from growth that exceeded 35% during the recent expansion cycle.


Horizontal bar chart comparing metro listings, placing Orlando mid-pack at 15,956 among major U.S. markets.
With 15,956 listings, Orlando ranked mid-tier nationally for inventory, trailing larger metros like Houston and Dallas but exceeded many smaller markets.


Horizontal bar chart of metro inventory growth, with Orlando at negative 5.8% among lowest-performing markets.
Orlando’s annual decline in inventory stands at 5.8% and ranks among the weakest nationally, placing it in the bottom tier of markets as supply declines while many metros expand.


Bar charts of Orlando listings by property type, dominated by single-family homes, with all segments declining year over year.
Single-family homes account for the majority of inventory at 11,315 listings, but all property types declined year over year, led by condos with an 11.6% drop.


Two horizontal bar charts show Orlando active listings and annual change; 15,956 total, with condos having the biggest decline at 11.6%.
The number of active listings in Orlando tightened across every segment year over year, led by a sharp drop of 11.6% in condo listings.


Orlando Home Sales

The number of home sales in Orlando decreased by 6.4% in April compared to the same time last year, while national home sales rose by 0.6%.

Orlando home sales decrease

Orlando home sales declined by 219 year over year on a nominal basis in April to 3,199. For context, 3,418 sales closed in Orlando in April 2025.

Orlando’s annual home sales activity change ranked 36th nationally

Orlando ranked 36th for the annual change in home sales out of the top 40 U.S. markets in April on a percentage basis. This year's April decrease of 6.4% compares to the 7.3% year over year decrease in April 2025.

Single-family sales in Orlando are lower than a year ago

Orlando single-family sales decreased by 6.1% in April to 2,533. In comparison, townhome sales fell by 8.2% to 402, and condo sales fell by 6.4% to 264.


Dashboard comparing Orlando and U.S. home sales in April 2026, showing lower sales and negative annual growth in Orlando.
With 3,199 sales in April, Orlando ranked 17th nationally for sales volume but placed in the bottom tier of the largest U.S. markets for annual growth, declining 6.4% year over year.


Line chart of Orlando home sales since 2018, totaling 3,199 in 2026 with a 6.4% annual decline.
Home sales in Orlando totaled 3,199 in April 2026, declining 6.4% year over year and significantly underperforming the U.S. gain of 0.6%, ranking 36th nationally.


Area chart of Orlando home sales growth rates, dropping to negative 6.4% after volatile gains in prior years.
Annual sales growth dropped by 6.4% in April 2026, marking a notable pullback from the volatility and rebound seen in prior years.


Bar chart of April sales growth rates, showing volatility with recent decline of 6.4% in Orlando.
Annual sales growth slowed by 6.4% in April 2026, following prior swings including a 72% spike and double-digit declines in recent years.


Horizontal bar chart comparing metro home sales, placing Orlando mid-tier with 3,199 transactions among U.S. markets.
With 3,199 transactions, Orlando ranked in the middle tier among major U.S. metros, trailing high-volume markets like Chicago and Dallas but exceeding smaller markets.


Horizontal bar chart of metro sales growth, showing a percentage decline of 6.4% in Orlando and ranking it among lower-performing markets.
Orlando saw a 6.4% annual sales decline in April, placing it among the weaker-performing U.S. markets.


Bar charts showing Orlando sales by property type, with all segments declining annually, led by townhomes homes at 8.2%.
Single-family homes led with 2,533 sales, followed by 402 townhome and 264 condo transactions, with all segments declining year over year, led by townhomes at 8.2%.


Bar charts show Orlando home sales by type and annual change, highlighting 3,199 total sales and widespread year-over-year declines.
All segments saw year-over-year declines in the number of sales, led by townhomes. Single-family homes led the number of total sales in April but declined more than 6% over the previous year.


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 April 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.

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.

Writer
Lisa McNatt

Lisa McNatt is the Senior Director of Market Analytics for CoStar and Homes.com for the Central and North Florida markets. She provides insights into home prices, inventory levels, rental conditions, and economic factors shaping the housing market. Before joining CoStar, Lisa developed and led the research department for Avison Young’s Florida operations and has a deep breadth of experience analyzing market conditions across the state. Lisa earned a Bachelor of Arts in International Studies from the University of South Florida in Tampa and is a frequent media contributor and thought leader in the Orlando market. Her work has appeared in Real Estate Forum, Southeast Real Estate Business, Orlando Business Journal, and Orlando Sentinel, among others.

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