Washington Shores, Orlando, FL—32805
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Washington Shores, Orlando, FL
As of Oct '25, the median home price in Washington Shores, Orlando, FL is $238,000, with a year-over-year change of -7.8%. This indicates that home prices in Washington Shores, Orlando, FL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $238,000 | -7.9% |
| Single Family | $241,000 | -8.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $169,000 | -12.0% |
3 Bed | $251,000 | -7.4% |
4 Bed | $307,000 | -5.2% |
| 5 Bed | $345,000 | -5.0% |
% of Housing Stock
Rental Trends — Washington Shores, Orlando, FL
As of July '25, Rentcast reports the average rent in Washington Shores, Orlando, FL is $1,450, with a year-over-year rent change of -7.1%. Per bedroom, the median rent as of July '25 in Washington Shores, Orlando, FL is studios: $1,200, 1-bedrooms: $1,020, 2-bedrooms: $1,260, 3-bedrooms: $2,090, 4-bedrooms: $2,400. The most common rental property sizes in Washington Shores, Orlando, FL are 2-bedroom and 1-bedroom, accounting for 45.1% and 28.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,450 |
| Studio Rent | $1,250 | $1,200 |
| 1 Bed Rent | $1,000 | $1,020 |
| 2 Bed Rent | $1,200 | $1,260 |
| 3 Bed Rent | $1,950 | $2,090 |
| 4 Bed Rent | $2,500 | $2,400 |
% of Rental Stock
Property Listings — Washington Shores, Orlando, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Washington Shores, Orlando, FL is 62. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 42.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $282,000 | -10.0% |
Listing Count | 86 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 62 | -15.0% |
Demographics — Washington Shores, Orlando, FL
As of the latest ACS Survey released in 2023, Washington Shores, Orlando, FL has a population of 18,100, which has decreased by -12.6% over the past 5 years. Washington Shores, Orlando, FL is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | -12.6% |
% Under 18 | 17.3% | -19.2% |
% Seniors | 21.5% | 36.1% |
% WFH | 8.3% | 167.7% |
% w/ College Degree | 16.2% | -5.3% |
As of the latest ACS Survey released in 2023, Washington Shores, Orlando, FL is a predominantly black area, with 71.0% of the population identifying as black. The black population has shrunk by 6.5% in the last 5 years. The second most common race or ethnicity in Washington Shores, Orlando, FL is hispanic, making up 15.1% of the population. Foreign-born residents account for 15.7% of the population in Washington Shores, Orlando, FL, and this percentage has increased by 31.9% 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 | 13.2% | -3.6% |
% Black | 71.0% | -6.5% |
% Hispanic | 15.1% | 62.4% |
% Asian | 0.1% | -66.7% |
% Foreign Born | 15.7% | 31.9% |
Mortgage and Risk — Washington Shores, Orlando, FL
According to HUD data as of 2023, there were 205 mortgage originations in Washington Shores, Orlando, FL, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Washington Shores, Orlando, FL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 205 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Washington Shores, Orlando, FL
As of 2024, the percent of homes in Washington Shores, Orlando, FL under the Section 8 program is 10.4%. 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 Washington Shores, 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 | 1,033 |
Total Units Section 8 | 439 |
% Rentals under Section 8 | 10.4% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $480 | $1,000 | $1,480 |
| 2 Bedroom | $480 | $1,200 | $1,680 |
| 3 Bedroom | $180 | $1,950 | $2,130 |
| 4 Bedroom | $70 | $2,500 | $2,570 |
Affordability — Washington Shores, Orlando, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.2 |
| Median Home Price | $238,000 |
| Median Household Income | $39,400 |