The story of this market
The typical home in ZIP 32701 sells for about $345,000, or $215 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,715 a month.
ZIP 32701 — Altamonte Springs
The 32701 housing market remains balanced, with steady demand supported by the area's central location and strong school district. While price growth has moderated compared to previous years, inventory levels remain tight, keeping the market competitive for buyers. The data reflects a stable environment driven by consistent regional economic growth.
This ZIP code is well-suited for families and commuters seeking a balance between suburban living and access to the Orlando metro area. It also attracts investors looking for stable rental yields in a mature, well-connected market.
Median prices moved up 1.2% year over year.
Homes spend a median of 38 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 13.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 32701, Seminole County FL
Crime rates in the Altamonte Springs area are generally consistent with regional averages for suburban Central Florida, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address safety trends.
Schools serving the 32701 ZIP code are part of the Seminole County Public Schools district, which is consistently highly rated and recognized for strong academic performance and diverse extracurricular offerings.
The area faces standard Florida risks, including potential for localized flooding during heavy rainfall and wind damage during hurricane season. Property insurance premiums have seen upward pressure due to statewide market conditions.
The area benefits from its proximity to the Orlando employment core and major retail hubs like the Altamonte Mall. Development momentum is focused on infill projects and the revitalization of older commercial corridors.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Residents have convenient access to Interstate 4 and State Road 436, providing direct routes to downtown Orlando and the surrounding employment centers. Public transit options include SunRail stations in the vicinity, facilitating commuter travel.
The area features extensive access to Cranes Roost Park, which serves as a central community hub for events and walking trails. Nearby amenities include multiple golf courses, shopping centers, and proximity to the Wekiva River basin.
The rental market is characterized by steady demand due to the area's central location and proximity to major employers. Vacancy rates remain low, and there is a notable presence of both long-term residential investors and multi-family apartment complexes.
The local economy is anchored by retail, healthcare, and professional services, with significant employment opportunities provided by the nearby Orlando metro area. The area serves as a key commercial hub for Seminole County.
The area is served by a robust network of arterial roads including I-4 and SR 436, with SunRail providing regional rail connectivity. Infrastructure improvements are ongoing to manage traffic flow in this high-density corridor.
Development is focused on high-density residential and commercial infill projects, particularly near the Altamonte Springs transit-oriented development zones.
The Seminole County Property Appraiser manages assessments, utilizing a mass appraisal system that adheres to Florida's constitutional requirements for market value estimation.
Parcels in this ZIP are subject to Seminole County school district taxes and various municipal service taxing units for infrastructure and public safety.
Property insurance in this region is influenced by Florida's statewide market volatility, with premiums reflecting exposure to wind and storm-related risks.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Universal Studios Florida4.714.1 mi
- SeaWorld Orlando4.418.4 mi
- Universal Epic Universe3.916.2 mi
- Universal Islands of Adventure4.714.7 mi
- ICON Park4.616.5 mi
- Kia Center4.68.8 mi
- Orange County Convention Center4.517.7 mi
- Camping World Stadium4.39 mi
- Westgate Lakes Resort & Spa4.317.6 mi
- Rosen Shingle Creek4.617 mi
- Orlando Science Center4.66.5 mi
- Wekiwa Springs State Park4.68.3 mi
- Central Florida Zoo & Botanical Gardens4.311.6 mi
- Lake Eola Park4.78.5 mi
- Lake Apopka Wildlife Drive4.811.3 mi
- Orlando Science Center4.66.5 mi
- Crayola Experience Orlando4.415.3 mi
- Dezerland Park Orlando4.514.4 mi
- Harry P Leu Gardens4.76.9 mi
- Titanic: The Artifact Exhibition4.515.7 mi
- Kelly Park - Rock Springs4.710.1 mi
- Wekiwa Springs State Park4.68.3 mi
- Lake Eola Park4.78.5 mi
- Lake Apopka Wildlife Drive4.811.3 mi
- Harry P Leu Gardens4.76.9 mi
- Wekiva Island4.65.4 mi
- VForce Marine4.75.7 mi
- Lake Fairview Marina4.75.5 mi
- Topgolf Lake Mary4.55.9 mi
- Dubsdread Golf Course4.65.8 mi
- Rio Pinar Golf411.7 mi
- MetroWest Golf Club3.611.9 mi
- The Country Club Of Orlando4.77.5 mi
- The Mall at Millenia4.612.9 mi
- Altamonte Mall4.40.3 mi
- Freshfields Farm Orlando4.810.7 mi
- Oviedo Mall48.3 mi
- Waterford Lakes Town Center4.513 mi
- Orlando International Airport4.117.1 mi
- Orlando Sanford International Airport4.211.3 mi
- The Club MCO Terminal A4.416.4 mi
- Napoli Italian Pizzeria4.711.8 mi
- Jones Brothers Air & Seaplane Adventures4.923.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major community park featuring a boardwalk, amphitheater, and frequent public events.
A large regional shopping center serving as a primary retail anchor for the area.
A prominent local lake offering recreational boating and fishing opportunities.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).