The story of this market
The typical home in ZIP 32829 sells for about $425,000, or $217 per square foot.
Prices are down 5.8% from a year ago, which gives buyers more room to negotiate. Homes take about 41 days to sell. HUD's fair market rent for a two-bedroom is $1,970 a month.
ZIP 32829 — Orlando
The 32829 housing market is experiencing a cooling phase with median sale prices declining year-over-year and inventory levels shifting. Several metrics, including months of supply, sale-to-list ratio, and specific utility/tax data, are not currently published at the ZIP level and are omitted here.
This ZIP is well-suited for family buyers seeking newer construction homes in a suburban setting with relatively high household incomes compared to the broader metro area.
Median prices moved down 5.8% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 6.4% — a stable, low-distress profile.
Built from 599 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.
ZCTA 32829, Orange County FL
The area is characterized by ongoing residential development, with significant new construction activity from builders like Pulte Homes.
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 typically commute to the Orlando employment core, with a mean commute time of approximately 29.9 minutes.
The area features suburban residential amenities with access to local parks and proximity to Orlando's broader shopping and entertainment districts.
The local economy is integrated into the Orlando-Kissimmee-Sanford metro area, which is driven by tourism, hospitality, and a growing professional services sector.
The area continues to see residential expansion with new housing developments currently under construction.
Data retrieved from Census Reporter profile for ZCTA 32829.
- Universal Studios Florida4.713.5 mi
- SeaWorld Orlando4.413.9 mi
- Epcot4.719.7 mi
- Universal Epic Universe3.912.5 mi
- Universal Islands of Adventure4.713.6 mi
- Kia Center4.69.3 mi
- Orange County Convention Center4.514.1 mi
- Camping World Stadium4.310.4 mi
- Westgate Lakes Resort & Spa4.314.4 mi
- Rosen Shingle Creek4.612 mi
- Gatorland4.712.7 mi
- Orlando Science Center4.69.8 mi
- Crayola Experience Orlando4.49.1 mi
- Fun Spot America4.512.7 mi
- Cinemark Orlando and XD4.612.2 mi
- Orlando Science Center4.69.8 mi
- Crayola Experience Orlando4.49.1 mi
- Dezerland Park Orlando4.512.3 mi
- Harry P Leu Gardens4.79.1 mi
- Titanic: The Artifact Exhibition4.513.8 mi
- Gatorland4.712.7 mi
- Lake Eola Park4.78.8 mi
- Harry P Leu Gardens4.79.1 mi
- Mead Botanical Garden4.610 mi
- Cypress Grove Park4.78.1 mi
- Shingle Creek Golf Club4.512 mi
- Dubsdread Golf Course4.611.2 mi
- Eagle Creek Golf Clubhouse4.27.5 mi
- Orlando Putting Edge4.312.2 mi
- Rio Pinar Golf43.5 mi
- The Florida Mall4.59.3 mi
- Orlando International Premium Outlets4.612.5 mi
- The Mall at Millenia4.611.2 mi
- Orlando Outlet Marketplace4.512.5 mi
- Primark4.39.4 mi
- Orlando International Airport4.15.4 mi
- Orlando Sanford International Airport4.220.6 mi
- The Club MCO Terminal A4.45.1 mi
- Napoli Italian Pizzeria4.74.4 mi
- Air Force Fun Helicopter Tours4.815.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).