Oviedo, FL—32766
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Oviedo, FL
Home Price Trends — Oviedo, FL
As of Nov '25, the median home price in Oviedo, FL is $588,000, with a year-over-year change of -1.4%. This indicates that home prices in Oviedo, FL are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $588,000 | -1.4% |
| Single Family | $588,000 | -1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $267,000 | -4.3% |
3 Bed | $409,000 | -3.8% |
4 Bed | $645,000 | -0.8% |
| 5 Bed | $776,162 | -1.3% |
% of Housing Stock
Rental Trends — Oviedo, FL
As of July '25, Rentcast reports the average rent in Oviedo, FL is $2,650, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Oviedo, FL is 1-bedrooms: $1,140, 2-bedrooms: $1,560, 3-bedrooms: $2,490, 4-bedrooms: $2,850. The most common rental property sizes in Oviedo, FL are 3-bedroom and 4-bedroom, accounting for 48.3% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,700 | $2,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $775 | $1,140 |
| 2 Bed Rent | $1,950 | $1,560 |
| 3 Bed Rent | $2,360 | $2,490 |
| 4 Bed Rent | $2,850 | $2,850 |
% of Rental Stock
Property Listings — Oviedo, FL
As of Nov '25, Realtor.com reports that the median days on market for a home in Oviedo, FL is 59. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $696,000 | 13.0% |
Listing Count | 34 | -36.0% |
| Listings as % of Homes | 0.6% | -36.0% |
Days on Market | 59 | -1.0% |
Demographics — Oviedo, FL
As of the latest ACS Survey released in 2023, Oviedo, FL has a population of 16,000, which has decreased by -7.5% over the past 5 years. Oviedo, FL is a popular place for families, as children make up 26.7% of the population. The area has a highly educated workforce, with 53.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,000 | -7.5% |
% Under 18 | 26.7% | -8.2% |
% Seniors | 11.2% | 27.3% |
% WFH | 22.3% | 95.6% |
% w/ College Degree | 53.0% | 9.3% |
As of the latest ACS Survey released in 2023, Oviedo, FL is a predominantly white area, with 68.4% of the population identifying as white. The white population has grown by 3.5% in the last 5 years. The second most common race or ethnicity in Oviedo, FL is hispanic, making up 19.1% of the population. Foreign-born residents account for 14.9% of the population in Oviedo, FL, and this percentage has increased by 38.0% 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 | 68.4% | 3.5% |
% Black | 3.1% | -22.5% |
% Hispanic | 19.1% | -22.0% |
% Asian | 6.5% | 71.1% |
% Foreign Born | 14.9% | 38.0% |
Mortgage and Risk — Oviedo, FL
According to HUD data as of 2023, there were 303 mortgage originations in Oviedo, FL, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Oviedo, FL. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 303 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 18.0% |
Rentals and Section 8 — Oviedo, FL
As of 2024, the percent of homes in Oviedo, FL under the Section 8 program is 0.4%. 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 Oviedo, 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 | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,625 | $775 | $2,400 |
| 2 Bedroom | $770 | $1,950 | $2,720 |
| 3 Bedroom | $1,090 | $2,360 | $3,450 |
| 4 Bedroom | $1,260 | $2,850 | $4,110 |
Affordability — Oviedo, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $588,000 |
| Median Household Income | $146,000 |