Orlando’s housing market showed signs of renewed momentum in October 2025 as mortgage rates eased, sales climbed, and a wave of new listings hit the market — offering fresh options for buyers who have spent much of the year navigating tight conditions.
The average interest rate slipped to 6.0% in October, down from 6.1% in September and marking the lowest level since September 2024. The slight retreat in borrowing costs helped push overall sales up 4.0% month-over-month, rising to 2,335 closed transactions from 2,245 in September.
Sellers appeared increasingly willing to test the market as well. New listings rose sharply, up 9.0% to 3,676 homes, the strongest monthly gain in several months. Inventory held essentially flat, inching up 0.3% to 13,047 homes. Despite the increase in supply, the region’s months of inventory tightened to 5.59 from 5.79 in September, keeping the market just shy of the six-month threshold typically considered balanced.
Price growth remained measured but steady. Orlando’s median home price ticked up to $380,000 in October, a 0.5% increase from the prior month. Homes lingered longer on the market, however, averaging 77 days to sell compared with 72 days in September — a signal that rising inventory and cautious buyers continue to influence the pace of transactions.
Pending sales softened, falling 3.9% to 3,648 from 3,798 a month earlier, suggesting that some buyers may be waiting to see whether interest rates continue to fall through the end of the year.
“October’s data shows a promising shift, with interest rates continuing to trend down and sales trending up,” said Lawrence Bellido, president of the Orlando Regional Realtor Association. “We’re also seeing reports of property insurance prices beginning to stabilize. While inventory remains steady, the rise in new listings suggests that more homeowners are ready to make their move. The Orlando market has found its footing, which is good news for anyone looking to make this region their home.”
Sales gains were broad-based across property types. Single-family home transactions climbed 4.2% to 1,868, with a median price of $415,000. Condo sales rose 4.5% to 258 units at a median price of $185,000. Townhouse and villa sales edged up 2.0% to 209, at a median price of $320,000. Distressed properties represented a small share of activity, accounting for just 1.1% of sales, down slightly from September.
Compared to October 2024, the market showed moderate year-over-year improvement across most categories, further evidence that the region has stabilized after two years of rapid rate hikes and shifting demand patterns.
With borrowing costs easing and sellers returning to the market, analysts say Orlando is poised for a more active winter season — traditionally one of Central Florida’s more subdued periods–if rates continue trending downward and insurance pressures continue to ease.
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