Alafaya, Orlando, FL—32828
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Alafaya, Orlando, FL
As of Nov '25, the median home price in Alafaya, Orlando, FL is $465,000, with a year-over-year change of -4.2%. This indicates that home prices in Alafaya, Orlando, FL are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | -4.2% |
| Single Family | $470,000 | -4.1% |
| Condos | $261,000 | -6.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $293,000 | -5.8% |
3 Bed | $390,000 | -4.9% |
4 Bed | $505,000 | -4.0% |
| 5 Bed | $605,032 | -3.5% |
% of Housing Stock
Rental Trends — Alafaya, Orlando, FL
As of July '25, Rentcast reports the average rent in Alafaya, Orlando, FL is $2,510, with a year-over-year rent change of -2.0%. Per bedroom, the median rent as of July '25 in Alafaya, Orlando, FL is studios: $1,760, 1-bedrooms: $1,400, 2-bedrooms: $1,860, 3-bedrooms: $2,410, 4-bedrooms: $2,900. The most common rental property sizes in Alafaya, Orlando, FL are 2-bedroom and 1-bedroom, accounting for 35.0% and 24.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,520 | $2,510 |
| Studio Rent | $1,760 | $1,760 |
| 1 Bed Rent | $1,400 | $1,400 |
| 2 Bed Rent | $1,800 | $1,860 |
| 3 Bed Rent | $2,410 | $2,410 |
| 4 Bed Rent | $2,840 | $2,900 |
% of Rental Stock
Property Listings — Alafaya, Orlando, FL
As of Nov '25, Realtor.com reports that the median days on market for a home in Alafaya, Orlando, FL is 67. This is a decrease of -4.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $510,000 | 1.0% |
Listing Count | 184 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 67 | -4.0% |
Demographics — Alafaya, Orlando, FL
As of the latest ACS Survey released in 2023, Alafaya, Orlando, FL has a population of 69,900, which has increased by 6.5% over the past 5 years. Alafaya, Orlando, FL is a moderately popular place for families, as children make up 22.8% of the population. The area has a highly educated workforce, with 52.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 69,900 | 6.5% |
% Under 18 | 22.8% | -5.8% |
% Seniors | 10.0% | 2.0% |
% WFH | 20.2% | 122.0% |
% w/ College Degree | 52.3% | 20.2% |
As of the latest ACS Survey released in 2023, Alafaya, Orlando, FL is a predominantly white area, with 42.4% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Alafaya, Orlando, FL is hispanic, making up 36.8% of the population. Foreign-born residents account for 20.0% of the population in Alafaya, Orlando, FL, and this percentage has decreased by 2.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.4% | -5.4% |
% Black | 9.5% | -13.6% |
% Hispanic | 36.8% | 11.5% |
% Asian | 7.0% | -14.6% |
% Foreign Born | 20.0% | -2.0% |
Mortgage and Risk — Alafaya, Orlando, FL
Alafaya, Orlando, FL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip 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 |
Rentals and Section 8 — Alafaya, Orlando, FL
As of 2024, the percent of homes in Alafaya, Orlando, FL under the Section 8 program is 2.6%. 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 Alafaya, 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 | 309 |
Total Units Section 8 | 230 |
% Rentals under Section 8 | 2.6% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $660 | $1,400 | $2,060 |
| 2 Bedroom | $540 | $1,800 | $2,340 |
| 3 Bedroom | $560 | $2,410 | $2,970 |
| 4 Bedroom | $700 | $2,840 | $3,540 |
Affordability — Alafaya, Orlando, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $465,000 |
| Median Household Income | $99,900 |