Orlando Real Estate Market Snapshot – April 2025
🏡 Orlando Real Estate Market Snapshot – April 2025
A Balanced Market with More Choices (and Less Elbow-Throwing at Open Houses)
If the Orlando real estate market in early 2024 was a theme park ride, it was somewhere between Space Mountain and Mission: SPACE—fast, unpredictable, and not for the faint of heart. But as of April 2025, things are starting to level out a bit—and I mean that in a good way.
Let’s break down what happened last month and what it means for you as a buyer, seller, or just someone who likes to keep a pulse on our local market (and maybe Zillow-snoop after dinner).
📈 Median Price Moves Up (But Not Wildly)
According to Rocket Homes, Orlando’s median home price in April hit $398,420, which is a 4.3% increase from this time last year. It’s not jaw-dropping, but it’s a clear sign that property values are continuing to appreciate steadily—great news if you already own a home and promising if you’re thinking about getting in soon.
In short: Homeowners are gaining equity, and buyers aren’t being priced out overnight. That’s what we like to call a win-win.
🏘️ Inventory Is Up—Finally!
This is big. One of the most notable shifts in April was a 28.5% increase in inventory compared to April 2024 (source). That means buyers now have more options—and less pressure to make an offer five minutes after walking through the front door.
More homes on the market also help level out bidding wars, giving folks time to breathe (and maybe even sleep on a decision... imagine that).
🕒 Homes Are Still Selling Quickly
Despite the inventory boost, demand remains strong. 791 homes sold in April, with nearly 49% closing within 30 days (source). That tells us well-priced, well-prepped homes are still getting snapped up fast—especially in popular areas like Lake Nona, Winter Garden, and College Park.
Translation: If you're selling and you’ve done your homework (or hired someone like me who has), you’re still in a great spot.
📉 What About Mortgage Rates?
As of late April, mortgage rates have held fairly steady, hovering in the 6.5% range for conventional loans and slightly lower for FHA, according to Mortgage News Daily. While we’re still not back to 3% territory, today’s buyers are adjusting—and many are using tools like rate buydowns and assumable mortgages to make things work.
Pro tip: If you’re waiting for rates to drop before buying, remember that home prices may rise in the meantime. (Cue the “cost of waiting” calculator.)
🔍 What It All Means (and What to Do About It)
If you’re a buyer, this spring is looking pretty friendly. You’ve got more inventory to choose from and less chaos than last year. Work with an agent (👋) who knows how to negotiate and find hidden gems.
If you’re a seller, don’t let the higher inventory scare you—demand is still solid. Just be sure your pricing and presentation are on point. That’s where expert guidance and great marketing come in (again, hi!).
✨ Let’s Talk Real Estate (Without the Pressure)
Whether you’re casually thinking about moving later this year, curious about your home’s current value, or need help navigating buying in today’s shifting market—I'm here for you. Let’s have a quick chat, grab coffee, or hop on a call. I’ll bring the real talk and the market insights.
📞 Call or text: 321-407-4307
📧 Email: james@itsjamesoxendine.com
🌐 Connect: Instagram | Facebook | Website
Your Home, Your Future — Let’s Make It Happen!
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