The story of this market
The typical home in ZIP 32798 sells for about $395,000, or $236 per square foot.
Prices are down 11.09% from a year ago, which gives buyers more room to negotiate. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,131 a month.
ZIP 32798 — Zellwood
The 32798 market is currently balanced, with a median listing price of $395,000 and a limited inventory of 9 active listings. While year-over-year prices have declined, the market shows signs of stabilization with a sale-to-list ratio of 95%.
This ZIP fits budget-conscious family buyers and those seeking a quieter, semi-rural lifestyle within commuting distance of the Orlando metro area.
Median prices moved down 11.1% year over year.
Homes spend a median of 65 days on market with 2.3 months of supply — a fast-moving market.
7% of listings have cut prices · homes sell at 95% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.1% · poverty 3.8% — a stable, low-distress profile.
Built from 55 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.
versus the prior ACS vintage
ZCTA 32798, Orange County FL
Zellwood is a historically agricultural community experiencing gradual transition with proximity to Orlando metro employment hubs.
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 primarily commute via US-441 toward Orlando employment centers; transit options are limited, necessitating personal vehicle use.
The area features proximity to Lake Apopka and local parks, with limited immediate retail and dining options within the ZIP.
The rental market is characterized by limited inventory and stable demand, with few short-term rental concentrations reported.
The local economy is anchored by agriculture and small-scale commercial services, with significant reliance on the broader Orlando metro labor market.
Primary access is via US-441; public transit infrastructure is minimal.
Development is largely focused on low-density residential infill and preservation of agricultural land.
The Orange County Property Appraiser manages assessments, focusing on market value adjustments and homestead exemptions.
Parcels are subject to Orange County public school and municipal service district levies.
Property insurance premiums in this region are influenced by Florida's statewide wind and flood risk exposure.
Data retrieved from Census Bureau ZCTA-level tables.
- Universal Studios Florida4.717.8 mi
- Universal Islands of Adventure4.718.3 mi
- Universal Volcano Bay4.518.9 mi
- Universal Orlando Resort4.718.3 mi
- Fun Spot America4.519 mi
- Kia Center4.617.1 mi
- Camping World Stadium4.316.3 mi
- Orlando Science Center4.616.2 mi
- Dr. Phillips Center for the Performing Arts4.817.4 mi
- Fun Spot America4.519 mi
- Wekiwa Springs State Park4.65.9 mi
- Lake Apopka Wildlife Drive4.83.6 mi
- AMC Altamonte Mall 184.312.4 mi
- Downtown Winter Garden4.810.6 mi
- Cranes Roost Park4.812.2 mi
- Orlando Science Center4.616.2 mi
- Dezerland Park Orlando4.519 mi
- Harry P Leu Gardens4.716.9 mi
- Titanic: The Artifact Exhibition4.519.3 mi
- The Charles Hosmer Morse Museum of American Art4.815.9 mi
- Kelly Park - Rock Springs4.75.2 mi
- Wekiwa Springs State Park4.65.9 mi
- Lake Apopka Wildlife Drive4.83.6 mi
- Cranes Roost Park4.812.2 mi
- Wekiva Island4.68 mi
- Wekiva Island4.68 mi
- Mount Dora Marina Co.4.86.8 mi
- The Club at Bella Collina4.811.5 mi
- Deer Island Country Club4.46.5 mi
- Forest Lake Golf Club4.28.4 mi
- Black Bear Golf Club, TopTracer Range, Restaurant & Ice cream Shop4.111.5 mi
- Wekiva Golf Club3.97.8 mi
- Altamonte Mall4.412.6 mi
- West Oaks Mall3.711.8 mi
- Renninger's Flea Market & Antique Center4.56.8 mi
- Publix Super Market at Gateway Crossing4.611.2 mi
- Publix Super Market at Wekiva Plaza4.64.2 mi
- Orlando International Airport4.126 mi
- Orlando Sanford International Airport4.221.1 mi
- The Club MCO Terminal A4.425.3 mi
- Napoli Italian Pizzeria4.721.8 mi
- Jones Brothers Air & Seaplane Adventures4.910.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large lake providing regional recreational opportunities and wildlife viewing.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).