Azalea Park, Orlando, FL—32807
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Azalea Park, Orlando, FL
As of Oct '25, the median home price in Azalea Park, Orlando, FL is $314,000, with a year-over-year change of -5.5%. This indicates that home prices in Azalea Park, Orlando, FL are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | -5.5% |
| Single Family | $322,000 | -5.6% |
| Condos | $164,000 | -8.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | -7.0% |
3 Bed | $318,000 | -5.6% |
4 Bed | $366,000 | -4.7% |
| 5 Bed | $413,000 | -3.7% |
% of Housing Stock
Rental Trends — Azalea Park, Orlando, FL
As of July '25, Rentcast reports the average rent in Azalea Park, Orlando, FL is $1,900, with a year-over-year rent change of -5.0%. Per bedroom, the median rent as of July '25 in Azalea Park, Orlando, FL is studios: $1,460, 1-bedrooms: $1,300, 2-bedrooms: $1,700, 3-bedrooms: $2,190, 4-bedrooms: $2,570. The most common rental property sizes in Azalea Park, Orlando, FL are 2-bedroom and 3-bedroom, accounting for 42.8% and 25.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,900 |
| Studio Rent | $1,350 | $1,460 |
| 1 Bed Rent | $1,250 | $1,300 |
| 2 Bed Rent | $1,700 | $1,700 |
| 3 Bed Rent | $2,160 | $2,190 |
| 4 Bed Rent | $2,520 | $2,570 |
% of Rental Stock
Property Listings — Azalea Park, Orlando, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Azalea Park, Orlando, FL is 66. This is a increase of 12.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $345,000 | 7.0% |
Listing Count | 106 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 66 | 12.0% |
Demographics — Azalea Park, Orlando, FL
As of the latest ACS Survey released in 2023, Azalea Park, Orlando, FL has a population of 34,900, which has increased by 1.8% over the past 5 years. Azalea Park, Orlando, FL is a moderately popular place for families, as children make up 19.2% of the population. The area has a moderately educated workforce, with 25.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 34,900 | 1.8% |
% Under 18 | 19.2% | -7.7% |
% Seniors | 14.4% | 7.5% |
% WFH | 10.9% | 303.7% |
% w/ College Degree | 25.0% | 47.9% |
As of the latest ACS Survey released in 2023, Azalea Park, Orlando, FL is a predominantly hispanic area, with 62.1% of the population identifying as hispanic. The hispanic population has grown by 3.8% in the last 5 years. The second most common race or ethnicity in Azalea Park, Orlando, FL is white, making up 25.4% of the population. Foreign-born residents account for 26.1% of the population in Azalea Park, Orlando, FL, and this percentage has increased by 18.1% 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 | 25.4% | -3.8% |
% Black | 7.2% | -33.9% |
% Hispanic | 62.1% | 3.8% |
% Asian | 4.0% | 21.2% |
% Foreign Born | 26.1% | 18.1% |
Mortgage and Risk — Azalea Park, Orlando, FL
According to HUD data as of 2023, there were 315 mortgage originations in Azalea Park, Orlando, FL, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Azalea Park, Orlando, FL. Investor activity is low, as 3.0% 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 | 315 |
% Conventional Loans | 69.0% |
% Government Loans | 31.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Azalea Park, Orlando, FL
As of 2024, the percent of homes in Azalea Park, Orlando, FL under the Section 8 program is 2.7%. 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 Azalea Park, 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 | 234 |
Total Units Section 8 | 178 |
% Rentals under Section 8 | 2.7% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $310 | $1,250 | $1,560 |
| 2 Bedroom | $70 | $1,700 | $1,770 |
| 3 Bedroom | $90 | $2,160 | $2,250 |
| 4 Bedroom | $160 | $2,520 | $2,680 |
Affordability — Azalea Park, Orlando, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $314,000 |
| Median Household Income | $59,600 |