Overview
The 32751 ZIP code, covering Maitland, FL, is experiencing a dynamic real estate market in 2025, characterized by moderate price growth, increased inventory, and ongoing competition among buyers. While the broader Orlando region is forecasted to see significant gains, local trends in 32751 reflect both the area's desirability and the evolving economic climate.
Home Prices and Market Trends
- The median home price in 32751 was approximately $465,000 in April 2025, representing a 1.9% increase from the previous year[1]. Other sources report median prices as high as $485,000, with some months seeing even sharper year-over-year gains (up to 26.5%)[2]. The median price per square foot is around $270–$297[1][2].
- Price growth varies by home size:
- 1-bedroom homes: +9.5% year-over-year
- 2-bedroom homes: -6.0%
- 3-bedroom homes: +8.9%
- 4-bedroom homes: +1.6%
- 5+ bedroom homes: +54.0% (though this segment is typically small and volatile)[1]
- Compared to neighboring areas, Maitland’s price growth is moderate, with some nearby ZIP codes like Altamonte Springs seeing higher year-over-year increases (+16.6%), while others, such as Winter Park, experienced a slight price decline[3].
Market Conditions: Seller’s Market but Shifting
- 32751 remains a seller’s market, meaning demand continues to outpace supply, and homes tend to sell faster and at higher prices[1].
- Inventory is rising: There were 148 homes for sale in March 2025, a 5% increase from the previous month, and sales activity is up 12% month-over-month[1].
- Despite the seller’s market label, 64% of homes sold below asking price in March 2025, suggesting buyers have some negotiating power as inventory builds[1].
Sales Pace and Competition
- Homes in 32751 are spending more time on the market: The average listing age was 50 days in March 2025, up 41.6% from the previous year[1]. Redfin reports an average of 47–48 days to pending sale, but “hot” homes can go pending in about 9–13 days[2].
- The market is “somewhat competitive,” with some homes receiving multiple offers, but the average sale is about 2–3% below list price[2].
Regional and Economic Context
- The broader Orlando metro is projected to be one of the nation’s fastest-growing real estate markets in 2025, with Realtor.com forecasting a 15.2% increase in home sales and a 12.1% rise in median prices for the area[4].
- Orlando’s ongoing population growth, job market strength, and suburban expansion are fueling demand, especially for eco-friendly and smart homes[5].
- Mortgage rates have stabilized around 6.6% after peaking above 7%, providing some relief for buyers, though affordability remains a concern[6].
- Florida markets, including Maitland, are seeing higher inventory and somewhat cooled demand compared to the pandemic boom, but desirable neighborhoods remain competitive[6].
Key Takeaways for Buyers and Sellers in 32751
- Sellers: The market still favors you, but rising inventory and longer listing times mean pricing competitively and preparing your home well are increasingly important.
- Buyers: While prices are still rising, more inventory and a higher percentage of homes selling below asking price create opportunities for negotiation.
- Investors: The area’s steady appreciation, strong rental demand, and proximity to Orlando’s job centers continue to make 32751 attractive for long-term investment.
Summary Table: 32751 Real Estate Snapshot (Spring 2025)
|
Metric |
Value (Spring 2025) |
Year-over-Year Change |
|
Median Home Price |
$465,000–$485,000 |
+1.9% to +26.5% |
|
Median Price/Sq Ft |
$270–$297 |
+8% to +32% |
|
Homes Sold Below Asking |
64% |
— |
|
Average Days on Market |
47–50 |
+41.6% |
|
Inventory |
148 homes |
+5% MoM |
|
Market Type |
Seller’s Market |
— |
Outlook
Expect the 32751 market to remain active through 2025, with moderate price growth, increased inventory, and a gradual shift toward a more balanced market. Buyers will benefit from more choices and some negotiating leverage, while sellers can still capitalize on strong demand — especially for well-priced, move-in-ready homes[1][2][3].
Citations:
- https://rocket.com/homes/market-reports/fl/32751
- https://www.redfin.com/zipcode/32751/housing-market
- https://rocket.com/homes/market-reports/fl/maitland
- https://www.realtyinorlando.com/blog/orlandos-housing-market-forecast-for-2025-what-buyers-and-sellers-need-to-know/
- https://orlandorealtyconsultants.com/orlando-real-estate-market-trends-what-to-expect-in-2025/
- https://www.realtor.com/research/april-2025-wsj-rdc-housing-market-ranking/
