Median Home Price

The median home price for February was recorded at $385,000, up from $375,000 in January. The median home price for February 2025 was recorded at $385,000, reflecting a 2.7% increase from $375,000 in January 2025. This upward trend suggests continued demand in the housing market despite a year-over-year decline in sales. Rising median prices may indicate a shift toward higher-value transactions, low inventory levels, or sustained buyer competition in certain segments of the market.

Inventory of Homes for Sale

Inventory for February was recorded at 12,411, up 6.1% from January when inventory was recorded at 11,697. This is the highest inventory since October 2014.

With Orlando’s housing inventory on the rise, buyers have more options, which has contributed to a recent increase in overall sales and pending sales as we approach spring. Now is a great time for buyers to take advantage of the increased options, negotiate favorable terms, and find the perfect home before the competition heats up.

Average 30-Year Mortgage

New listings declined by 1.9% from January to February 2025, with a total of 4,140 homes hitting the market in February, compared to 4,220 in January. This slight drop in new inventory suggests that sellers may be holding back, potentially due to seasonal trends, shifting market conditions, or hesitancy regarding interest rates. A lower number of new listings could contribute to tighter inventory levels, which may impact buyer competition and pricing dynamics in the coming months.

You can see today’s mortgage rates for Florida and your city on Realtor.com’s mortgage rates page.

ORRA’s Complete Market Report

The current edition of ORRA’s State of the Market Report has the complete data for the most recent 13 months. They have posted editions that go back 5 years.

Orlando, Florida Home Sales – February 2025