The story of this market
The typical home in ZIP 32821 sells for about $370,000, or $245 per square foot.
Prices are up +34.5% 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 $1,913 a month.
ZIP 32821 — Orlando
The 32821 housing market shows strong price appreciation, with a median sale price of $370,000, reflecting a 34.5% year-over-year increase. Market activity is driven by high demand for rental-friendly properties and proximity to major tourism hubs, though inventory remains tight. The data reflects a transient, younger demographic profile with a high renter share.
This ZIP is ideal for hospitality industry workers, investors seeking short-term rental opportunities, and commuters who prioritize access to major highway corridors over traditional suburban family-centric neighborhoods.
Median prices moved up 34.5% year over year.
Homes spend a median of 38 days on market with 3.8 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 13.2% — a stable, low-distress profile.
Built from 352 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
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 9.4%/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 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 32821, Orange County FL
Crime trends in the 32821 area are generally consistent with broader Orlando suburban patterns, though specific neighborhood safety varies significantly due to the high volume of transient tourist-oriented traffic.
Schools serving the area are part of Orange County Public Schools, with performance ratings varying by specific school site; the area is characterized by a mix of suburban residential and commercial-heavy zones.
The area is subject to standard Florida climate risks, including hurricane-force wind exposure and localized flooding, necessitating comprehensive property insurance coverage.
Economic momentum is heavily driven by the proximity to major theme park employers and the hospitality industry, with ongoing development focused on mixed-use commercial and residential expansion.
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.
Commutes are primarily car-dependent, with major access via I-4 and the Beachline Expressway (SR 528) providing connectivity to the Orlando employment core.
The area features proximity to major theme park attractions, several golf courses, and local community parks, with extensive retail and dining options along the International Drive corridor.
The rental market is highly active with significant pressure from short-term rental investors and hospitality workers, leading to high turnover and competitive pricing.
The economy is dominated by the tourism and hospitality sectors, with major employers including theme park operators and large-scale resort management companies.
The area is served by I-4 and SR 528, with limited public transit options primarily consisting of bus routes serving the tourist corridor.
Development is focused on high-density residential and commercial projects that cater to the transient workforce and tourism industry.
The Orange County Property Appraiser manages assessments, with values typically adjusted annually based on market sales data.
Parcels are subject to Orange County Public Schools levies and various municipal service taxing units.
Property insurance premiums are elevated due to the region's high exposure to wind and storm-related hazards.
Data retrieved from Census Reporter and ACS 5-year 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 Florida4.76.3 mi
- Walt Disney World® Resort4.75.7 mi
- Magic Kingdom Park4.66.7 mi
- Epcot4.74.5 mi
- SeaWorld Orlando4.41.8 mi
- Kia Center4.611.8 mi
- Orange County Convention Center4.52.5 mi
- Camping World Stadium4.311.3 mi
- Westgate Lakes Resort & Spa4.32.7 mi
- Rosen Shingle Creek4.63.6 mi
- Disney Springs4.72.8 mi
- Universal Studios Florida4.76.3 mi
- Magic Kingdom Park4.66.7 mi
- Epcot4.74.5 mi
- SeaWorld Orlando4.41.8 mi
- Orlando Science Center4.614.3 mi
- Crayola Experience Orlando4.46.5 mi
- Dezerland Park Orlando4.55.8 mi
- Harry P Leu Gardens4.714.4 mi
- Titanic: The Artifact Exhibition4.54.6 mi
- Gatorland4.75.1 mi
- Lake Eola Park4.712.5 mi
- Kissimmee Lakefront Park4.88.1 mi
- Northeast Regional Park4.712.1 mi
- Bill Frederick Park4.68.2 mi
- Fort Wilderness Marina4.85.4 mi
- Topgolf Orlando4.53.4 mi
- Evermore Orlando Resort4.63.3 mi
- Orange County National Golf Center and Lodge4.410 mi
- Shingle Creek Golf Club4.53.7 mi
- Falcon's Fire Golf Course3.93.5 mi
- Disney Springs4.72.8 mi
- The Florida Mall4.56.4 mi
- Orlando Vineland Premium Outlets4.50.9 mi
- Orlando International Premium Outlets4.66.1 mi
- The Mall at Millenia4.67.3 mi
- Orlando International Airport4.110.4 mi
- Orlando Sanford International Airport4.230.5 mi
- The Club MCO Terminal A4.410.4 mi
- Napoli Italian Pizzeria4.712.8 mi
- Air Force Fun Helicopter Tours4.80.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major anchor attraction located within the ZIP.
Resort-style aquatic park and major employer.
Large-scale water park facility.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).