Colonialtown North, Orlando, FL—32803
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Colonialtown North, Orlando, FL
As of Oct '25, the median home price in Colonialtown North, Orlando, FL is $461,000, with a year-over-year change of -2.8%. This indicates that home prices in Colonialtown North, Orlando, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $461,000 | -2.8% |
| Single Family | $483,000 | -2.6% |
| Condos | $222,000 | -5.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $213,000 | -4.1% |
2 Bed | $365,000 | -2.7% |
3 Bed | $498,000 | -2.5% |
4 Bed | $720,000 | 0.0% |
| 5 Bed | $1,178,000 | 1.3% |
% of Housing Stock
Rental Trends — Colonialtown North, Orlando, FL
As of July '25, Rentcast reports the average rent in Colonialtown North, Orlando, FL is $2,260, with a year-over-year rent change of -10.7%. Per bedroom, the median rent as of July '25 in Colonialtown North, Orlando, FL is studios: $1,460, 1-bedrooms: $1,580, 2-bedrooms: $2,060, 3-bedrooms: $2,900, 4-bedrooms: $3,410. The most common rental property sizes in Colonialtown North, Orlando, FL are 2-bedroom and 1-bedroom, accounting for 52.6% and 23.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,080 | $2,260 |
| Studio Rent | $1,650 | $1,460 |
| 1 Bed Rent | $1,500 | $1,580 |
| 2 Bed Rent | $2,000 | $2,060 |
| 3 Bed Rent | $2,800 | $2,900 |
| 4 Bed Rent | $3,050 | $3,410 |
% of Rental Stock
Property Listings — Colonialtown North, Orlando, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Colonialtown North, Orlando, FL is 68. This is a increase of 18.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $501,000 | -16.0% |
Listing Count | 145 | 33.0% |
| Listings as % of Homes | 0.7% | 33.0% |
Days on Market | 68 | 18.0% |
Demographics — Colonialtown North, Orlando, FL
As of the latest ACS Survey released in 2023, Colonialtown North, Orlando, FL has a population of 22,700, which has increased by 15.9% over the past 5 years. Colonialtown North, Orlando, FL is a less popular place for families, as children make up 12.3% of the population. The area has a highly educated workforce, with 58.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,700 | 15.9% |
% Under 18 | 12.3% | 5.1% |
% Seniors | 12.5% | 10.6% |
% WFH | 22.9% | 146.2% |
% w/ College Degree | 58.6% | 5.2% |
As of the latest ACS Survey released in 2023, Colonialtown North, Orlando, FL is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Colonialtown North, Orlando, FL is hispanic, making up 17.4% of the population. Foreign-born residents account for 8.2% of the population in Colonialtown North, Orlando, FL, and this percentage has decreased by 21.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.8% | -7.5% |
% Black | 4.5% | 15.4% |
% Hispanic | 17.4% | 11.5% |
% Asian | 4.8% | 9.1% |
% Foreign Born | 8.2% | -21.9% |
Mortgage and Risk — Colonialtown North, Orlando, FL
According to HUD data as of 2023, there were 464 mortgage originations in Colonialtown North, Orlando, FL, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Colonialtown North, Orlando, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 464 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Colonialtown North, Orlando, FL
As of 2024, the percent of homes in Colonialtown North, Orlando, FL under the Section 8 program is 0.3%. 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 Colonialtown North, Orlando, 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 | 65 |
Total Units Section 8 | 16 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,500 | $2,020 |
| 2 Bedroom | $290 | $2,000 | $2,290 |
| 3 Bedroom | $110 | $2,800 | $2,910 |
| 4 Bedroom | $410 | $3,050 | $3,460 |
Affordability — Colonialtown North, Orlando, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $461,000 |
| Median Household Income | $101,000 |