Real Estate Market Update for 32803 (Orlando, FL)

Video: Real Estate Community Tour for 32803 (Orlando, FL)

See Real estate community tour for 32803 (Orlando, FL)
Welcome to July's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was up 6% from one year earlier, and up 11% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 6%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 260-thousand dollars. The number of units sold decreased 17% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 32803 (Orlando, FL)
Area Information for 32803 (Orlando, FL)
  • Population: 21,147
  • Median Age: 39.05 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 3,044/sq mi
  • Population Change Since 2000: 8.1%
  • Closest Airport: Orlando International
  • Closest College: Florida Hospital Clg Of Health Science
  • Closest Jr. College: Valencia Community College
  • Median Household Income: $57,149
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $210,000
  • Closest Major Sports Team: Orlando Magic
  • Change Avg. Household Income Since 2000: 35.2%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 32803 (Orlando, FL)
Median Age: 39.05 Married: 31% Number of Households: 10,715 Households with Children: 1,466
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 32803 (Orlando, FL)

      School Name Distance Type Grades School Rating Parent Rating
      Central Florida Leadership Academy Charter 0.4 mi Public 6-12 2 0
      First Phase Children's Academy 0.7 mi Private - 0 0
      Fern Creek Elementary School 0.9 mi Public PRESCHOOL-5 2 0
      Baldwin Oaks Academy 1.0 mi Private PRESCHOOL-K 0 0
      Grace Christian Academy 1.1 mi Private K-12 0 0
      Hillcrest Elementary School 1.1 mi Public K-5 4 0
      Beeman Park Preparatory School 1.1 mi Private PRESCHOOL-5 0 0
      Workforce Advantage Academy Charter 1.2 mi Public 11-12 0 2
      Quest Kid's Academy 1.4 mi Private K-8 0 0
      St James Cathedral School 1.5 mi Catholic PRESCHOOL-8 0 0
      Lake Highland Preparatory School 1.6 mi Private PRESCHOOL-12 0 0
      New School Preparatory 1.7 mi Private K-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 32803 (Orlando, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.