Key Points:

• Ocoee’s Rapid Growth: Once a quiet suburb, Ocoee has grown to nearly 50,000 residents, driving major development and housing market shifts.
• Major New Developments: Projects like Ocoee Village Center, The Dynasty sports complex, The Regency, and Elon Crown Point are transforming the area with new homes, retail, and entertainment.
• Rising Housing Inventory: Ocoee’s housing supply has increased by 25%, giving buyers more options while sellers face growing competition.
• Strong Home Prices: Despite high interest rates, home prices in Ocoee have climbed 10% since 2022, outperforming many surrounding markets.
• Market Trends for 2025: Buyers may have more negotiating power in early 2025, but seasonal trends suggest stronger seller conditions by summer.

Ocoee, Florida: A City Undergoing Massive Transformation

We’re going to go through one of the largest marketplaces in the Orlando metro area. Kissimmee is made up of several zip codes, many very popular neighborhoods, such as Celebration, Florida, actually is not Celebration. It’s Kissimmee.

It’s actually under Kissimmee jurisdiction, part of Osceola County. And this particular marketplace has had a lot of eyes on it because you have very big channels on YouTube, particularly through Osceola County. And I kind of point to the fact that their concerns aren’t unfounded in that you would want to keep your eye on a marketplace like Kissimmee for the fact that they have a lot of high loan to value loan types being funded here.

Ocoee’s Rapid Growth and Market Trends

Now, in this video, I’m going to outline four major developments, four major growth factors that you are going to want to see in this area if you live here now, or if you’re considering buying here, as well as the marketplace is changing.

And if you’re watching anything in the news on the Orlando housing market, you’re seeing a lot of things kind of clickbaity saying, hey, you know what? Top five lists of marketplaces in America that are in serious trouble, markets that are going to pop, crash, hit the wall at 2025.

And recently I’ve seen Orlando making those lists, but we’re going to talk about what it looks like to live in Ocoee and how things are changing here. So you understand exactly what you need to know about the data, the housing market, the growth here in 2025. And if you appreciate all that, smash the thumbs up and consider subscribing to the channel so you don’t miss another update on the Orlando housing market.

Major Developments Transforming Ocoee

1. Ocoee Village Center: A New Mixed-Use Hub

The first of four major developments, the Ocoee Village Center. Now this is right off the East edge of the 429 off of Ocoee, Claircona. It is a 75-acre mixed-use community featuring over 500 new homes mixed with 80,000 square feet of retail.

Now this property is going to be anchored by a Walmart neighborhood store, but you’ve also got major brands planned for the area as well. Locations like Chipotle and AutoZone will be found here soon.

2. The Dynasty: A Game-Changing Sports and Entertainment Complex

The next project is the Dynasty, a major plan near the intersection of East Fuller’s Crossroad and Ocoee Apopka Road.

This is a game-changing 159-acre sports and entertainment complex. You’re going to have 17 multi-use fields, an 1,100-room hotel, and over 500,000 planned square feet of retail and dining.

Beyond the fact of the immensity and scope of this project visually, it’s projected that this will bring 5,000 jobs to the area and over half a billion of annual revenue.

3. The Regency: Modern Mixed-Use Living

Next to the South edge of Ocoee, we have a property between West Orange Cinema and the Turnpike off of Maguire Road. It’s called the Regency. This is going to be a 17-acre plan, a modern mixed-use project.

So you’re going to have 300 apartments plus retail, plus a public park all sited here at the 50 West redevelopment district. Again, you’re starting to see the turn of things. You’re starting to see Ocoee making more of an urban retail mixed plan through all the new developments that are coming to the area.

4. Elon Crown Point: Luxury Residential Community

Finally, we have the Elon Crown Point. This is a luxury residential community near Ocoee High School that will bisect across the West Orange bike trail.

Housing Market Trends and Data in Ocoee

Pandemic Era and Market Trends

We’re pulling zip code level because fortunately for Ocoee, we have one major zip code. So it’s very easy to analyze exactly what is happening. Now, all the charts I’m going to show you on the left are going to start way back in 2017, kind of cruise all the way to present day.

The most recent month of data is what I’m showing you here. You’re going to notice that there’s always this big crash of the numbers in most cases, unless it’s home price. And then it just shoots upward in this particular area.

This is the pandemic era. So obviously this is when we had multiple offers and just insane 2% interest rates for people getting 15-year mortgages and all kinds of things that really heated the market up. So I like to provide contrast to kind of go back to where things are before, but let’s look at active inventory.

Active Inventory in Ocoee

Everything that you’re reading about Florida and Orlando is no different. Supply is up. It is up, up, up.

It is just ballooning out of control. And you can see here that Ocoee is up. It is actually up 25%.

That’s a little beneath if you were to index that against the rest of Florida and the rest of Orlando. Now understand this back in 2017, 2019, 2018, where there are fewer houses or more houses back here. Obviously, the answer is population is bigger.

Now you cannot look at this chart and deny that there’s been a six, seven-month run, or for whatever reason, something is taking place. Usually, it’s either one of those two factors. So we’re going to take a look at what that is.

I do want to point out, look at the last 90-day trend. There has been a complete shift negative. So let’s take a look and see where is this steep climb coming from and what can we expect going into the rest of this year?

New Listings and Seller Activity

Look at the history of this market. Every single year, by the way, it starts low at the beginning of the year and it climbs to an arc and then plummets down the other side. So every year, every market across central Florida, there’s a seasonality where more homes climb to the market in the middle of the year and go back down again.

Look at where the arcs were in the past. When you’re going 2017, 2018, 2019, look where they are the last two years. They’re on the floor, their record low 70 years.

So essentially, why is this happening? Okay. Well, we already know interest rates went from 3, 4%. A lot of people that own homes in this particular area, they’ve got a 3% mortgage.

Well, they got to really want to move to put the house back on the market in a face of possibly selling that house and adopting a 7% interest rate. But for whatever reason in 2024, it is changing because you can see very anemic 18 months or so right here from the end of 2022 going into last year. But now sellers are coming off the sidelines.

This is not an uncommon reality. This isn’t unique to Ocoee, but it is still historically nowhere near what they used to produce. And again, as I said, there’s more homes to be in play yet.

This level should be up here. Okay. So you do not have the unsold inventory purely climbing because of this.

34761 (Ocoee): New Pending Sales

Next. Now look at the new pendings buyers in 2024. You look at last year, look at the arc.

It went up. Buyers got more active in summer and not much happened. And it went out.

And by the way, look how low 23 is against all of history. 24 was a hair better, but not anywhere near where it should be.

One thing that I’ll be remiss if I don’t share with you is the fact, look at November’s number here. Buyers contracted homes 63% higher than a year prior. Now also worthy of note, look at the month prior negative 7%.

What happened in October? We had hurricane Milton come through. We were also one month prior to an election cycle that puts a little hesitancy in the market. Buyers will sometimes say, wait a second, let me see who gets elected in.

34761 (Ocoee): Median Sale Price

I like looking at the median sale price because it throws off the extreme ends of the market.

All of the months nearly are in positive territory. Some of them in very steep positive territory. Last month you had a 12% year-over-year. April, you were up 17%.

As a whole, if you look at this graph, it’s climbing even since the interest rates went through the roof. You’d say, Jared, was that a surprise? Yes. Because if you look at the rest of Orlando, when interest rates hit the roof, when they went from 3% 30-year to a 7% overnight, what you see happening through most of Orlando and Florida at large is the market then started going straight sideways.

Affordability and Demand in Ocoee

The reason why I believe Ocoee is still strong in price more so than the rest, it’s outperforming in price most all the other areas, except maybe some premier luxury spots that people are just spending crazy money on.

Market Supply and Competition

Now look at this. This is one of my favorite graphs to show the bear economics of any marketplace. This is called months of supply of inventory.

It is the direct measure of velocity, the energy of any given market. The way you derive this is if you simply stop selling all homes, if you consider the fact that no homes are going to hit the market in the next month, two months, what do we have on the market now? 127 homes based on how fast they’ve been turning over in Ocoee.

Final Thoughts: What’s Next for Ocoee Real Estate?

Ultimately, what this is telling us is that there’s been more seller activity. More sellers are listing homes, but buyers aren’t absorbing them as quickly. That means buyers can expect slightly more negotiating power.

However, Ocoee remains a competitive market. Compared to the rest of Orlando, where months of supply run between 3.8 and 4.5 months, Ocoee is sitting at 3.2 months—still lower than many other areas.

Looking ahead, in all likelihood, we could see three to five months of market tension. If you’re a buyer, the next 45 days might be the best in-road into this market before conditions shift back in favor of sellers, peaking somewhere in summer. We’ll have to see how it unfolds.

Why Choose Jared Jones?

As a top real estate agent with nearly 4,000 homes sold and over 20 years of experience in the Florida real estate market, I have the expertise needed to help you navigate today’s evolving landscape. Whether you’re looking to buy or sell, my deep understanding of market trends and personalized approach will provide you with the insights and strategies required for success.

Best Realtor in Ocoee, Florida - Reach Out Today!

If you’re ready to make a move in Florida’s real estate market, don’t hesitate to reach out. Contact Jared Jones at 407-706-5000 (call or text) or email info@jaredjones.com for professional guidance and personalized service that will help you achieve your real estate goals.