Florida Center North, Orlando, FL32811

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$195,000
10.1% YoY Growth
Median Household Income
$52,100
45.1% 5-Year Growth
Days on Market
87
40.0% Longer than last year
Home Price Forecast
0.2%
Median Rent
$1,650
1.2% YoY Growth
1-Bed Rent
$1,300
2.2% YoY Growth
2-Bed Rent
$1,650
0.0% YoY Growth
3-Bed Rent
$1,850
8.7% YoY Growth

Property Listings — Florida Center North, Orlando, FL

As of Oct '25, Realtor.com reports that the median days on market for a home in Florida Center North, Orlando, FL is 87. This is a increase of 40.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$215,000-3.0%
Listing Count
22317.0%
Listings as % of Homes0.6%17.0%
Days on Market
8740.0%
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Demographics — Florida Center North, Orlando, FL

As of the latest ACS Survey released in 2023, Florida Center North, Orlando, FL has a population of 40,600, which has decreased by -1.7% over the past 5 years. Florida Center North, Orlando, FL is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 26.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
40,600-1.7%
% Under 18
26.0%6.6%
% Seniors
8.9%15.6%
% WFH
11.7%680.0%
% w/ College Degree
26.6%20.9%
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As of the latest ACS Survey released in 2023, Florida Center North, Orlando, FL is a predominantly black area, with 51.4% of the population identifying as black. The black population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Florida Center North, Orlando, FL is hispanic, making up 27.0% of the population. Foreign-born residents account for 31.3% of the population in Florida Center North, 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

MetricLatest Census5-Year % Change
% White
12.2%-33.0%
% Black
51.4%-7.1%
% Hispanic
27.0%17.9%
% Asian
2.3%21.1%
% Foreign Born
31.3%18.1%
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Mortgage and Risk — Florida Center North, Orlando, FL

According to HUD data as of 2023, there were 244 mortgage originations in Florida Center North, Orlando, FL, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Florida Center North, Orlando, FL. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
244
% Conventional Loans
62.0%
% Government Loans
38.0%
% Investor Loans
5.0%
% Second Loans
2.0%
% Cash Out Refinance
12.0%

Loan Activity

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Rentals and Section 8 — Florida Center North, Orlando, FL

As of 2024, the percent of homes in Florida Center North, Orlando, FL under the Section 8 program is 3.7%. 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 Florida Center 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
516
Total Units Section 8
335
% Rentals under Section 8
3.7%
% Occupied Section 8
89.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$380$1,300$1,680
2 Bedroom$250$1,650$1,900
3 Bedroom$560$1,850$2,410
4 Bedroom$830$2,040$2,870

Affordability — Florida Center North, Orlando, FL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.2
Median Home Price$195,000
Median Household Income$52,100

Florida Center North, Orlando, FL — ZIP Code Boundary Map

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Frequently Asked Questions