Oviedo, FL—32765
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oviedo, FL
Home Price Trends — Oviedo, FL
As of Oct '25, the median home price in Oviedo, FL is $488,000, with a year-over-year change of -2.9%. This indicates that home prices in Oviedo, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $488,000 | -2.9% |
| Single Family | $495,000 | -2.9% |
| Condos | $230,000 | -5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $176,000 | -8.8% |
2 Bed | $262,000 | -6.4% |
3 Bed | $400,000 | -3.6% |
4 Bed | $578,000 | -2.2% |
| 5 Bed | $799,000 | -1.7% |
% of Housing Stock
Rental Trends — Oviedo, FL
As of July '25, Rentcast reports the average rent in Oviedo, FL is $2,400, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Oviedo, FL is 1-bedrooms: $1,510, 2-bedrooms: $1,700, 3-bedrooms: $2,420, 4-bedrooms: $2,870. The most common rental property sizes in Oviedo, FL are 3-bedroom and 2-bedroom, accounting for 34.5% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,400 | $2,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,550 | $1,510 |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | $2,400 | $2,420 |
| 4 Bed Rent | $2,800 | $2,870 |
% of Rental Stock
Property Listings — Oviedo, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Oviedo, FL is 69. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $495,000 | -8.0% |
Listing Count | 237 | 11.0% |
| Listings as % of Homes | 0.7% | 11.0% |
Days on Market | 69 | 25.0% |
Demographics — Oviedo, FL
As of the latest ACS Survey released in 2023, Oviedo, FL has a population of 63,600, which has decreased by -2.3% over the past 5 years. Oviedo, FL is a moderately popular place for families, as children make up 22.7% of the population. The area has a highly educated workforce, with 53.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 63,600 | -2.3% |
% Under 18 | 22.7% | 0.0% |
% Seniors | 12.7% | 4.1% |
% WFH | 20.4% | 175.7% |
% w/ College Degree | 53.1% | 16.4% |
As of the latest ACS Survey released in 2023, Oviedo, FL is a predominantly white area, with 57.8% of the population identifying as white. The white population has shrunk by 9.4% in the last 5 years. The second most common race or ethnicity in Oviedo, FL is hispanic, making up 23.1% of the population. Foreign-born residents account for 14.2% of the population in Oviedo, FL, and this percentage has increased by 14.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.8% | -9.4% |
% Black | 8.7% | -8.4% |
% Hispanic | 23.1% | 17.9% |
% Asian | 6.4% | 12.3% |
% Foreign Born | 14.2% | 14.5% |
Mortgage and Risk — Oviedo, FL
According to HUD data as of 2023, there were 1101 mortgage originations in Oviedo, FL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Oviedo, FL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,101 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Oviedo, FL
As of 2024, the percent of homes in Oviedo, FL under the Section 8 program is 1.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Oviedo, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 142 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 1.7% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $460 | $1,550 | $2,010 |
| 2 Bedroom | $580 | $1,700 | $2,280 |
| 3 Bedroom | $490 | $2,400 | $2,890 |
| 4 Bedroom | $650 | $2,800 | $3,450 |
Affordability — Oviedo, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.8 |
| Median Home Price | $488,000 |
| Median Household Income | $99,200 |