View in Interactive Map

Lake Nona South, Orlando, FL—32832

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$527,000
3.0% YoY Growth
Household Income
$115,000
32.2% YoY Growth
Days on Market
89
17.0% Longer YoY
Home Price Forecast
1.0%
Median Rent
$2,750
2.4% YoY Growth
1-Bed Rent
$1,620
20.6% YoY Growth
2-Bed Rent
$2,050
0.5% YoY Growth
3-Bed Rent
$2,600
1.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lake Nona South, Orlando, FL

As of Dec '25, the median home price in Lake Nona South, Orlando, FL is $527,000, with a year-over-year change of -3.0%. This indicates that home prices in Lake Nona South, Orlando, FL are decreasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$527,000-3.0%
Single Family $535,000-3.3%
Condos $281,000-5.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$281,000-5.4%
    3 Bed
    		$424,000-4.3%
    4 Bed
    		$574,000-2.9%
    5 Bed $703,963-2.5%
    Loading chart...

    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    5.0%
    2 Bedrooms
    19.4%
    3 Bedrooms
    35.2%
    4 Bedrooms
    24.7%
    5+ Bedrooms
    13.9%

    Rental Trends — Lake Nona South, Orlando, FL

    As of July '25, Rentcast reports the average rent in Lake Nona South, Orlando, FL is $2,890, with a year-over-year rent change of -2.4%. Per bedroom, the median rent as of July '25 in Lake Nona South, Orlando, FL is 1-bedrooms: $1,640, 2-bedrooms: $2,130, 3-bedrooms: $2,630, 4-bedrooms: $3,300. The most common rental property sizes in Lake Nona South, Orlando, FL are 2-bedroom and 3-bedroom, accounting for 39.7% and 26.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,750$2,890
    Studio Rent N/AN/A
    1 Bed Rent $1,620$1,640
    2 Bed Rent $2,050$2,130
    3 Bed Rent $2,600$2,630
    4 Bed Rent $3,040$3,300
    Loading chart...

    % of Rental Stock

    Studio
    7.0%
    1 Bedroom
    12.0%
    2 Bedrooms
    39.7%
    3 Bedrooms
    26.5%
    4 Bedrooms
    11.3%
    5+ Bedrooms
    3.5%

    Property Listings — Lake Nona South, Orlando, FL

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lake Nona South, Orlando, FL is 79. This is a increase of 15.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$549,000-6.0%
    Listing Count
    		25625.0%
    Listings as % of Homes1.2%25.0%
    Days on Market
    		8917.0%
    Loading chart...

    Demographics — Lake Nona South, Orlando, FL

    As of the latest ACS Survey released in 2023, Lake Nona South, Orlando, FL has a population of 34,900, which has increased by 43.3% over the past 5 years. Lake Nona South, Orlando, FL is a popular place for families, as children make up 27.0% of the population. The area has a highly educated workforce, with 54.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		34,90043.3%
    % Under 18
    		27.0%0.0%
    % Seniors
    		7.8%-1.3%
    % WFH
    		22.3%147.8%
    % w/ College Degree
    		54.3%-5.2%
    Loading chart...

    As of the latest ACS Survey released in 2023, Lake Nona South, Orlando, FL is a predominantly hispanic area, with 45.1% of the population identifying as hispanic. The hispanic population has grown by 15.6% in the last 5 years. The second most common race or ethnicity in Lake Nona South, Orlando, FL is white, making up 38.5% of the population. Foreign-born residents account for 22.7% of the population in Lake Nona South, Orlando, FL, and this percentage has decreased by 17.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		38.5%-10.9%
    % Black
    		5.1%-44.0%
    % Hispanic
    		45.1%15.6%
    % Asian
    		6.7%-8.2%
    % Foreign Born
    		22.7%-17.2%
    Loading chart...

    Mortgage and Risk — Lake Nona South, Orlando, FL

    Lake Nona South, Orlando, FL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Lake Nona South, Orlando, FL

    As of 2024, the percent of homes in Lake Nona South, 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 South, 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
    		11
    Total Units Section 8
    		11
    % Rentals under Section 8
    		0.2%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$690$1,620$2,310
    2 Bedroom$570$2,050$2,620
    3 Bedroom$730$2,600$3,330
    4 Bedroom$920$3,040$3,960

    Affordability — Lake Nona South, Orlando, FL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.6
    Median Home Price$527,000
    Median Household Income$115,000

    Lake Nona South, Orlando, FL — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Wedgefield, FL

    32831

    Vista East, Orlando, FL

    32829

    Lake Nona, Orlando, FL

    32827

    Alafaya, Orlando, FL

    32828

    Ventura, Orlando, FL

    32822

    Frequently Asked Questions