Winter Park Florida Housing Market Update 2025: ZIP Code Trends

Winter Park Florida Housing Market Update 2025

August 7, 2025

Story Highlights:

Median Prices Remain Flat in Winter Park’s 32789
Despite national headlines, 32789’s housing market remains stable, with prices hovering around $1.2M since 2022.

Buyer Demand Surges in 32792
Unlike its luxury neighbor, 32792 saw major increases in pending sales and closings during the first half of 2025.

Price Cuts Rise in 32792
Over one-third of sellers in 32792 reduced prices to sell in 2025, indicating a shift in buyer leverage.

Winter Park Florida Housing Market Update 2025: ZIP Code Trends and 2026 Outlook

While national headlines offer mixed signals, the real story for real estate buyers and sellers is always local. And in Winter Park, Florida, the housing market continues to chart its own course.

Whether you’ve lived here for years or you’re tracking your favorite zip code in hopes of moving in, this blog offers a clear, data-driven deep dive into what’s really happening across Winter Park’s two major zip codes: 32789 and 32792. No hype—just the trends, shifts, and predictions that matter as we approach 2026.

The Unique Identity of Winter Park's Housing Market

Winter Park is known for its blend of historic charm and modern luxury. Home to Park Avenue, Rollins College, and multiple A-rated schools, the area’s walkability and lakeside beauty make it one of Central Florida’s most desirable places to live. And because of its limited inventory and low turnover, Winter Park doesn’t always follow regional trends.

ZIP Code 32789: Historic Heart, High Prices, and Low Volume

Median Sale Prices: Stability with Volatility

• In 32789, the median sale price peaked at $1.32M in February 2025.
• Prices this year have fluctuated between $874K and $1.32M, but have generally run sideways.
• The market remains flat compared to highs in 2022 and 2024, indicating stability, not a crash.
The median price in 32789 has hovered between $1.1M and $1.3M in recent years—far above the metro average.

Buyer Demand: Shrinking Market Size

• Pre-pandemic summers saw 55–60 sales/month.
• Since 2022, buyer volume has hovered between 20–40 units/month, with few seasonal spikes.
• Compared to 2024, activity is generally stable, but still well below pre-pandemic levels.

Inventory and Listings: Slow Growth, High Retention

• Active inventory in 32789 rose from 85 units in January to 130 in June 2025.
• Listings are trickling in, but still well below historical norms.
• Many homeowners have no mortgage or enjoy low rates—reducing incentive to sell.

Price Cuts and Sales Strategy

• 28% of sales in 32789 required a price cut—below the Orlando average but still notable.
• Nearly half of all sales are cash transactions, often driven by out-of-state buyers.

Prediction:
Expect 150+ homes for sale in 32789 by summer 2026. Buyers who’ve been waiting for more selection may soon get their window of opportunity.

ZIP Code 32792: Affordability Meets Growth

Price Trends: A 3-Year Flatline

• Median sale price sits at $475K—about 200% lower than 32789.
• Prices have been stable since 2022, floating between $450K and $480K.
• While not a dramatic drop, this plateau represents a true housing correction for the area.
A sideways market for three years is functionally a correction, especially when historical appreciation averages 5% annually.

Buyer Demand: 2025 Sees a Jump

March to June 2025 showed big buyer surges:

• March: +69% YoY

• April: +53% YoY

• June: +45% YoY

Unlike 32789, demand in 32792 is clearly growing.

Listings and Closings: Supply Meets Demand

• Listing volume surged in 2025:

• March: +123% YoY

• April: +45% YoY

Closings also rose across all months, confirming a healthy balance between inventory and buyers.

Unsold Inventory: Returning to Normal

• Inventory hit 124 active listings in May 2025, matching pre-pandemic levels.
• A normal seasonal decline is expected in winter, but growth is likely next summer.

Price Cuts: Higher Than Average

• 36.8% of homes in 32792 required a price cut in 2025—20% above the Orlando metro average.
• This reflects unrealistic pricing, not market weakness. Sellers often overshoot and adjust downward.

Prediction:
Look for continued buyer interest and more balanced conditions in 2026. Buyers who’ve been edged out by cash offers may find new opportunities.

What Buyers and Sellers Need to Know Heading Into 2026

Sellers: Price realistically based on recent comparable sales—especially in 32792, where buyers are sensitive to overpricing.
Buyers: Don’t wait for a crash. The data shows that Winter Park has already corrected and is now running sideways. Focus on long-term value.
Both ZIP codes have limited turnover, so timing and property type matter more than ever.

Final Thoughts: The Real Story Behind the Numbers

Winter Park doesn’t follow national trends. It doesn’t even follow metro Orlando that closely. The story here is one of flat pricing, low supply, and cautious movement—not panic or collapse.

If you’re a buyer waiting for a big price drop, the numbers suggest that may never come. And if you’re a seller expecting bidding wars above last year’s highs, it’s time to ground your expectations in data.

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 Orlando - 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.