LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|LatestCoverageAll 50 states, D.C. and five territories now on the ledger|NewPuerto Rico's 78 municipios ledgered, municipio by municipio|FeatureAssessment appeal workspace — build a filing package from your own evidence|FeatureLiving reports — versioned, re-runnable, exportable|DevelopersMetered REST gateway · issued keys · signed webhooks|Live market readings · refreshed on loadAlbuquerque · NMMedian List$360K+1.3%|Austin · TXMedian List$290K-3.5%|Baltimore · MDMedian List$265K+1.1%|Bernalillo County · NMMedian List$364K+2.7%|Bexar County · TXMedian List$303K+3.7%|Boston · MAMedian List$875K+6.1%|Charlotte · NCMedian List$402K+1.2%|Chicago · ILMedian List$410K+7.8%|Clark County · NVMedian List$447K+0.1%|Columbus · OHMedian List$300K+0.7%|Cook County · ILMedian List$348K+5.1%|Dallas · TXMedian List$412K+3.4%|Davidson County · TNMedian List$465K-1.1%|Denver · COMedian List$618K+5.0%|Detroit · MIMedian List$321K-2.7%|Duval County · FLMedian List$312K-1.4%|El Paso · TXMedian List$301K+11.1%|Fort Worth · TXMedian List$330K-1.5%|Franklin County · OHMedian List$301K+0.1%|Fresno · CAMedian List$375K+2.1%|Harris County · TXMedian List$327K+0.6%|Houston · TXMedian List$325K-2.3%|Indianapolis · INMedian List$250K+2.7%|Jackson County · MOMedian List$275K+7.0%|Jacksonville · FLMedian List$312K-1.4%|Jefferson County · KYMedian List$248K-4.3%|Kansas City · MOMedian List$310K+3.1%|King County · WAMedian List$850K-4.0%|Las Vegas · NVMedian List$450K+1.1%|Los Angeles · CAMedian List$1M-1.7%|Louisville · KYMedian List$280K+1.8%|Maricopa County · AZMedian List$458K-0.4%|Marion County · INMedian List$259K+3.7%|Mecklenburg County · NCMedian List$407K-5.3%|Memphis · TNMedian List$209K+4.7%|Mesa · AZMedian List$490K-0.9%|Milwaukee · WIMedian List$245K+2.7%|Multnomah County · ORMedian List$518K-1.2%|Nashville · TNMedian List$495K+3.1%|New York · NYMedian List$885K+8.7%|Oklahoma City · OKMedian List$275K-0.4%|Oklahoma County · OKMedian List$259K-0.7%|Philadelphia · PAMedian List$279K+4.6%|Phoenix · AZMedian List$452K+0.5%|Pima County · AZMedian List$373K+0.9%|Portland · ORMedian List$518K-2.2%|Sacramento · CAMedian List$510K+4.0%|San Antonio · TXMedian List$257K-2.9%|San Diego · CAMedian List$910K+1.1%|San Francisco · CAMedian List$1.6M+14.9%|San Jose · CAMedian List$1.6M-5.9%|Santa Clara County · CAMedian List$1.3M+0.1%|Seattle · WAMedian List$844K+1.2%|Shelby County · TNMedian List$250K-2.8%|Suffolk County · MAMedian List$857K+7.3%|Tarrant County · TXMedian List$385K-1.2%|Travis County · TXMedian List$497K-5.3%|Tucson · AZMedian List$324K-0.9%|Wayne County · MIMedian List$160K0.0%|
Property-class scope

The story of this market

The typical home in ZIP 32832 sells for about $542,000, or $235 per square foot.

Prices are down 2.9% from a year ago, which gives buyers more room to negotiate. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,314 a month.

ZIP market report · consumer edition · quarterly refresh
Track this ZIP

ZIP 32832 — Orlando

Orange County →refreshed Oct 1, 20262 cycles retainednext refresh Oct 31, 2026
Market mood · cautiously optimistic

The 32832 housing market is currently experiencing a period of price stabilization following years of rapid appreciation. While inventory levels have increased, demand remains supported by the area's strong economic growth and proximity to the Lake Nona employment corridor. Buyers are finding more leverage than in previous years, though high interest rates and insurance costs continue to influence market activity.

Who this ZIP fits

This ZIP is ideal for families and professionals seeking newer, master-planned suburban housing with proximity to the airport and the Lake Nona medical and technology corridor.

Parent geography
Aerial view · ZIP boundaries2020 Census ZCTA boundary over current aerial imagery
Leaflet Imagery © Esri, Maxar, Earthstar Geographics
Land area · 140.2 km²Water area · 16 km²U.S. Census Bureau TIGERweb — 2020 Census ZCTA5 boundary
Median sale price
$542,000
-2.9% year over year
Corroborated · 1 anchor · 2.7% off nearest
Days on market
71 days
Active listings
257
Listings with price cuts
28%
share of active listings
Sale-to-list ratio
98.5%
of asking price
ZIP Market ScoreZIP-SCORE-1.3 · 4/4 sections graded
61
Composite · average of graded sections
Computed only from this report's published readings — sections without data are excluded, never estimated.
36
Growth/100

Median prices moved down 2.9% year over year.

55
Liquidity/100

Homes spend a median of 71 days on market with 4.2 months of supply — a balanced-paced market.

62
Momentum/100

28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.

92
Safety & stability/100

no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 5.7% — a stable, low-distress profile.

Market pressure
Price vs fundamentals
Discount · -6.6%
Price vs rent, national
+16.6%
Explained by signals
+24.8%
Location premium
-6.6%
Gross rent yield
6.1%
Neighborhood price trend: -0.2%Natural hazard risk: +3.0%Household income: +11.5%Housing vacancy: -3.9%Unemployment: +6.7%College-educated share: +3.1%Owner occupancy: -1.8%

Built from 883 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.

Market momentum · distress to ascension
Stable · +4
FHFA ZIP price index, year over year12.5▲
Share sold above list0.06▼
Sale-to-list ratio0.97▼
Unemployment rate3.8▲
Share under contract in 2 weeks0.3▼
Pending sales, year over year-0.09▼
New listings, year over year-0.08▲
Inventory, year over year-0.17▲
Housing vacancy rate5.6▲
Months of supply1.08▲
Sale vs list price (price cuts)2▲
Days on market, year over year-1.5▲
Foreclosure filings per 100 sales0▲
Sale price, year over year0.04▼
Median price · ten-year history

Researched annual trajectory for this ZIP, from published historical series

2016201720182019202020212022202320242025202620282030$315,000$420,000$525,000$630,000$735,000

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.

Census trends · population flowsACS 2024 5-year estimates
Population change
+2.1%

versus the prior ACS vintage

Net migration
+1,200 people

net influx — more people moved in than out

Population base
40,196

ZCTA 32832, Orange County FL

Area context
Schools & education

The area is served by Orange County Public Schools, generally characterized by suburban-focused elementary and middle schools with varying performance ratings.

Environmental & hazard

The region faces significant hurricane and tropical storm wind risks, with flood zones concentrated near the various lakes and wetlands characteristic of the area.

Growth & development

The area is experiencing steady residential expansion, particularly in master-planned communities, supported by its proximity to the Orlando International Airport and major employment hubs in Southeast Orlando.

Taxation

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.

Transportation & commute

Residents primarily rely on personal vehicles for commuting, with access to SR 417 and SR 528 providing connections to the Orlando employment core; public transit options are limited.

Recreation & amenities

The area features extensive access to natural amenities including Lake Hart and Lake Mary Jane, alongside numerous community parks, walking trails, and proximity to golf courses in the Lake Nona region.

Rental market

The rental market is characterized by high demand for single-family homes in master-planned communities, with moderate vacancy pressure and a growing presence of institutional investors.

Economy & employers

The economy is heavily influenced by the nearby Lake Nona Medical City, Orlando International Airport, and the broader Orlando tourism and hospitality sector.

Transportation & infrastructure

The area is served by major toll roads including SR 417 and SR 528, which facilitate regional travel but offer limited public transit connectivity.

Development pipeline

Significant ongoing development is focused on the Sunbridge master-planned community, which continues to add residential inventory and supporting infrastructure.

County appraisal district

The Orange County Property Appraiser manages assessments, utilizing a mass appraisal system to determine market value for tax purposes.

Special districts

Parcels in this area are frequently subject to Community Development District (CDD) assessments used to fund infrastructure and amenities in master-planned communities.

Insurance & hazard market

Property insurance premiums in this region are elevated due to Florida's high exposure to hurricane and wind-related risks.

Discovery profileACS 2024 5-year estimates
Census profile · ZCTA 32832, Orange County FL
Population
40,196
Median age
35.6 yrs
Owner-occupancy
72.4%
Median home value
$485,000
Median gross rent
$2,250
Median household income
$118,856
Median year built
2013
Vacancy rate
5.2%
Renter share
27.6%
Owner cost burden
28.5%
Renter cost burden
42.1%
Population change
+2.1%
Net migration
1,200
Work-from-home share
22.4%
Mean commute
30.7 min
Bachelor's or higher
48.2%
Unemployment
3.8%
Poverty rate
5.7%
Avg household size
3.1
White
52.1%
Black
14.8%
Hispanic
26.5%
Asian
4.2%
Other
2.4%

Data retrieved from Census Reporter and data.census.gov ZCTA-level tables.

Public schools with an address here · 3

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.

SunRidge ElementaryElementary8/10Orange County Public SchoolsHighly rated school serving the local community.
Lake Nona MiddleMiddle7/10Orange County Public SchoolsServes a large portion of the surrounding suburban area.
Lake Nona HighHigh7/10Orange County Public SchoolsLarge comprehensive high school with diverse academic programs.
School districts
Orange County Public SchoolsBLarge district serving the entire county with a focus on rapid growth management.
Utilities & services
ElectricOrlando Utilities Commission (OUC)Primary provider for the area.
Water/SewerOrange County UtilitiesMunicipal water and wastewater services.
InternetSpectrum/AT&TMajor broadband providers in the region.
Major employers & industries
Orlando International AirportTransportation/LogisticsMajor regional employer.
Lake Nona Medical CityHealthcare/BiotechSignificant cluster of research and clinical facilities.
Major amenities · ZIP 32832
Theme, amusement & water parks
19 · 20 mi
Entertainment venues, stadiums & amphitheaters
13 · 20 mi
Museums, galleries & history
19 · 20 mi
Parks, trails & nature
20+ · 13 mi
Shopping & dining districts
13 · 13 mi

Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.

Amenities & attractions3 retained amenities · 1 development on the horizon
Inside this ZIP
Lake Hart
Lake

Large recreational lake offering boating and fishing access.

Lake Mary Jane
Lake

A prominent natural water body serving as a focal point for the local community.

Moss Park
Park

A large county park featuring camping, hiking trails, and wildlife viewing.

On the horizon · announced & under construction
SunbridgeMaster-planned communityUnder constructionA large-scale, multi-phase development spanning thousands of acres with residential, commercial, and recreational components.
Sources · 8 cited

Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).