Feb 2025: Current Trends in Orlando’s New Construction Real Estate Market

The Orlando metropolitan area continues to experience dynamic growth in its new construction real estate sector. As of December 2024, the median listing home price in Orlando was $378,000, with a median price per square foot of $244. The median home sold price stood at $388,100. 

Market Trends and Statistics

In 2025, Orlando’s housing market is projected to outperform national trends, with home prices expected to rise by 12.1% and sales increasing by 15.2%.  This growth is driven by a robust job market, population influx, and a diverse demographic, including younger buyers and military-connected families. The region’s appeal is further enhanced by its favorable climate, family-friendly attractions, and the absence of state income tax.

Recent Developments Impacting the Market

The expansion of the Brightline train service, connecting Orlando to other major Florida cities, has significantly influenced the real estate landscape. Since its completion in 2022, areas near Brightline stations have seen increased property values and development. For instance, residential sales near Miami’s Brightline station experienced a 31.9% increase between 2018 and 2023, with property values nearly doubling. This trend is anticipated to positively impact Orlando’s real estate market as connectivity improves. 

Buyer Preferences and Pricing Trends

Modern buyers in Orlando are increasingly prioritizing eco-friendly and smart homes. Features such as energy-efficient appliances, sustainable building materials, and integrated smart home technologies are in high demand. This shift towards sustainability is influencing new construction designs, with builders incorporating green practices to meet consumer expectations. 

Challenges and Opportunities

While the market shows robust growth, challenges persist. Affordability remains a concern, especially for first-time buyers, as home prices continue to rise. However, increased inventory levels, with a 6.43-month supply as of November 2024, offer buyers more options and could help moderate price escalations. 

Additionally, the influx of new developments in areas like Horizon West indicates a trend of residents relocating within the community to better-suited homes, reflecting evolving lifestyle needs. 

Conclusion

Orlando’s new construction real estate market in 2025 is characterized by significant growth, driven by economic vitality and evolving buyer preferences. While challenges such as affordability persist, opportunities abound for buyers and investors attuned to market trends and developments.