Lake Nona, Orlando, FL—32827
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake Nona, Orlando, FL
As of Oct '25, the median home price in Lake Nona, Orlando, FL is $640,000, with a year-over-year change of -2.7%. This indicates that home prices in Lake Nona, Orlando, 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 | $640,000 | -2.7% |
| Single Family | $648,000 | -2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $420,000 | -3.4% |
3 Bed | $498,000 | -4.0% |
4 Bed | $752,000 | -2.3% |
| 5 Bed | $1,044,000 | -1.4% |
% of Housing Stock
Rental Trends — Lake Nona, Orlando, FL
As of July '25, Rentcast reports the average rent in Lake Nona, Orlando, FL is $3,190, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Lake Nona, Orlando, FL is 1-bedrooms: $1,700, 2-bedrooms: $2,660, 3-bedrooms: $3,080, 4-bedrooms: $3,690. The most common rental property sizes in Lake Nona, Orlando, FL are 3-bedroom and 2-bedroom, accounting for 32.5% and 24.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,000 | $3,190 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,700 | $1,700 |
| 2 Bed Rent | $2,600 | $2,660 |
| 3 Bed Rent | $3,000 | $3,080 |
| 4 Bed Rent | $3,650 | $3,690 |
% of Rental Stock
Property Listings — Lake Nona, Orlando, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake Nona, Orlando, FL is 74. This is a increase of 24.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $732,000 | -13.0% |
Listing Count | 218 | 3.0% |
| Listings as % of Homes | 2.8% | 3.0% |
Days on Market | 74 | 24.0% |
Demographics — Lake Nona, Orlando, FL
As of the latest ACS Survey released in 2023, Lake Nona, Orlando, FL has a population of 19,600, which has increased by 108.1% over the past 5 years. Lake Nona, Orlando, FL is a popular place for families, as children make up 28.4% of the population. The area has a highly educated workforce, with 52.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,600 | 108.1% |
% Under 18 | 28.4% | 11.8% |
% Seniors | 12.0% | 0.0% |
% WFH | 26.5% | 364.9% |
% w/ College Degree | 52.2% | 1.8% |
As of the latest ACS Survey released in 2023, Lake Nona, Orlando, FL is a predominantly white area, with 42.2% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Lake Nona, Orlando, FL is hispanic, making up 34.9% of the population. Foreign-born residents account for 24.1% of the population in Lake Nona, Orlando, FL, and this percentage has increased by 9.5% 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 | 42.2% | -5.2% |
% Black | 11.6% | 182.9% |
% Hispanic | 34.9% | -14.5% |
% Asian | 6.6% | -1.5% |
% Foreign Born | 24.1% | 9.5% |
Mortgage and Risk — Lake Nona, Orlando, FL
According to HUD data as of 2023, there were 689 mortgage originations in Lake Nona, Orlando, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Lake Nona, Orlando, FL. Investor activity is low, as 3.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 689 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Lake Nona, Orlando, FL
As of 2024, the percent of homes in Lake Nona, Orlando, FL under the Section 8 program is 0.2%. 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 Lake Nona, 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 | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $780 | $1,700 | $2,480 |
| 2 Bedroom | $210 | $2,600 | $2,810 |
| 3 Bedroom | $570 | $3,000 | $3,570 |
| 4 Bedroom | $600 | $3,650 | $4,250 |
Affordability — Lake Nona, Orlando, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.7 |
| Median Home Price | $640,000 |
| Median Household Income | $112,000 |