Every month, the Orlando Regional REALTOR® Association releases fresh data on what the market is actually doing. I go through it so you don’t have to, and then I tell you what it means in plain English.
April 2026 is in. Here’s the full picture:
The short version? Orlando’s market is steady. Prices are up from last year. Homes are taking a bit longer to sell than during the pandemic peak, but that’s actually normal. This is a healthy market, not a stressed one.
What Homes Are Actually Selling For
The $410,758 median price covers the whole market, but when you break it down by property type, the picture looks a little different depending on what you’re shopping for.
If a single-family home feels out of reach right now, the condo and townhouse market at a $312,052 median price is worth a serious look. A lot of first-time buyers find their path into homeownership here, and build equity along the way.
Is There Enough To Choose From Right Now?
There are 11,418 active listings in the Orlando metro right now. New listings actually increased 3% from March to April, so fresh inventory is coming onto the market. The challenge is it’s being absorbed pretty quickly.
The current months of supply is 4.50 months. Here’s what that means in plain English:
WHAT “4.50 MONTHS OF SUPPLY” ACTUALLY MEANS
If no new homes came on the market today, it would take about 4.5 months to sell everything currently listed. A perfectly balanced market sits at 6 months. Below 6 months = sellers have the edge. Above 6 months = buyers have the edge. At 4.5 months, sellers still have a slight advantage, but this is a long way from the 1–2 month frenzy of 2021.
The Truth About Interest Rates Right Now
Rates are at 6.3% in April, up just slightly from 6.2% in March. In real money, that difference on a $410,000 purchase with 20% down is about $25 a month. Noticeable but not a reason to pause your search.
Here’s the honest truth about waiting for rates to drop: nobody knows when, or if, that’s happening on a timeline that helps you. Experts have been wrong in both directions for four years straight. What I tell people is this, buy when the home is right and the numbers work for your household. If rates improve down the road, you refinance. If you wait and the right home sells to someone else, that’s harder to undo.
I’ve had this conversation hundreds of times. The buyers who waited for the “perfect rate” in 2022 mostly ended up paying more for the same home in 2023 and 2024. The rate matters. The home matters more.
What Does All This Mean For You?
Ray's Honest Take
I’ve been in this market for over 20 years. I’ve watched it spike, correct, recover, and stabilize. What I see right now is an Orlando market that’s doing exactly what a healthy real estate market should do: moving steadily, holding value, and giving both buyers and sellers a fair shot if they come in informed and prepared.
The number one question I get is “should I wait?” My answer is always the same: wait for what? If you’re waiting for a crash, I don’t see the data for that. If you’re waiting for rates to drop, possible, but not guaranteed on any timeline. If you’re waiting until you find the right home at a number that works for you, that’s not waiting, that’s being smart.