New Homes in Orlando, FL

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City overview

About Orlando

Orlando, Florida, stands as a significant draw for homebuyers and those relocating to Central Florida. The city, widely known as the "Theme Park Capital of the World," maintains a robust housing market. According to the U.S. Census Bureau, Orlando's population reached an estimated 334,854 in 2024. This population supports a local economy that has seen consistent job growth, with the Orlando metropolitan area leading Florida in private sector job creation, adding 25,500 jobs in 2025. The median household income in Orlando was reported at $72,336 between 2020 and 2024, reflecting a stable economic environment. The median age of residents is 35.1 years, indicating a relatively young demographic. The owner-occupied housing unit rate stood at 39.5% from 2020 to 2024, with a median home value of $394,100 during the same period. These figures underscore a market with both rental and ownership opportunities.

Orlando Market Snapshot

Population

334,854

Median Household Income

$72,336

Median Age

35.1

Median Home Value

$394,100

Median Rent

$1,747

Owner-Occupied %

39.5%

Unemployment Rate

4.9%

Job Growth Trend

Positive

Commute Time

26.2 minutes

Education (Bachelor's+)

42.5%

Housing Units

148,754

Top Builders in Orlando

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Century Communities Logo

Century Communities

0(0 reviews)
|Est. 2002|Greenwood Village, CO

Century Communities is one of the nation's largest homebuilders, building in sought-after metros from coast to coast for over two decades. They offer a diverse range of dream homes, from single-family homes to...

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D.R. Horton Logo

D.R. Horton

Verified
0(3,892 reviews)
|Est. 1978|Fort Worth, TX

D.R. Horton, Inc. is an American home construction company founded in 1978 by Donald R. Horton in Fort Worth, Texas. Since 2002, the company has consistently been the largest homebuilder by volume in the...

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Pulte Homes Logo

Pulte Homes

VerifiedPremium
4.6(2,156 reviews)
|Est. 1950|Atlanta, GA

Pulte Homes is a leading nationwide homebuilder known for creating new construction homes that combine innovative floor plans with opportunities for personalization. With a commitment to quality and...

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Lennar

4.5(0 reviews)
|Est. 1954|Miami, FL

Lennar

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KB Home Logo

KB Home

0(0 reviews)
|Est. 1957|Los Angeles, CA

KB Home is a leading American homebuilder with a rich history dating back to 1957. Founded as Kaufman & Broad in Detroit, Michigan, the company was the first homebuilder to be traded on the New York Stock...

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Meritage Homes Logo

Meritage Homes

0(0 reviews)
|Est. 1985|Scottsdale, AZ

Meritage Homes, established in 1985, stands as the fifth-largest public homebuilder in the United States, recognized for its commitment to constructing energy-efficient and affordable homes. The company...

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Communities in Orlando

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Local Market Guide

Living in Orlando, FL

Neighborhoods

Lake Nona, often referred to as Medical City, is a master-planned community defined by its contemporary infrastructure and a strong emphasis on health and wellness. This area supports a significant job market within the medical and biotech sectors. Housing options range from luxury residences to townhouses, attracting medical professionals, researchers, and families seeking a modern, amenity-rich environment. Its proximity to the UCF College of Medicine, Nemours Children's Hospital, and the VA Medical Center makes it a prime location for those in healthcare. Thornton Park, a historic neighborhood situated just east of downtown, is characterized by its brick-lined streets and bungalow-style homes. The area offers a walkable atmosphere, drawing young professionals and couples who appreciate its independent boutiques, diverse dining scene, and immediate access to Lake Eola Park and downtown Orlando's cultural attractions. Property values in Thornton Park are generally higher, reflecting its desirable location and unique character. College Park presents a well-established residential area featuring a blend of historic and renovated properties. The neighborhood fosters a strong sense of community and a family-oriented atmosphere, recognized for its tree-lined streets and local shops and restaurants along Edgewater Drive. It appeals to families and individuals seeking a suburban feel with urban conveniences, supported by reputable public schools and several local parks. Baldwin Park, developed on the former site of a naval training center, is a meticulously planned community showcasing a mix of traditional and modern architectural styles. The area boasts numerous parks and a town center with retail and dining establishments. It is particularly popular with families due to its highly-rated schools, extensive green spaces, and community events. Residences vary from townhouses to larger single-family homes, catering to those desiring a cohesive and active community lifestyle. Winter Park, an affluent and scenic city adjacent to Orlando, is distinguished by its upscale boutiques, fine dining, and cultural institutions such as the Charles Hosmer Morse Museum of Art. The city also features picturesque parks, including the Chain of Lakes. It attracts discerning buyers, including empty nesters and established families, who seek a sophisticated lifestyle. Housing options span from historic estates to luxury condominiums, with price points reflecting its exclusivity and amenities.

Economy & Jobs

Orlando's economy, historically anchored by its tourism industry, has demonstrated significant diversification. Major theme parks like Walt Disney World, Universal Orlando, and SeaWorld Orlando continue to be primary employers, drawing millions of visitors annually and sustaining a vast ecosystem of hospitality, entertainment, and retail businesses. Beyond tourism, Orlando has expanded its economic base into technology, healthcare, and advanced manufacturing. The city has cultivated a growing tech sector, often referred to as 'Silicon Swamp,' with concentrations in simulation, digital media, and aerospace. Key employers include Walt Disney World Resort, Universal Orlando Resort, AdventHealth, Orlando Health, and Lockheed Martin. The job market in Orlando has maintained consistent growth, driven by both the expanding tourism sector and the emergence of new industries. The presence of large corporations and a supportive environment for startups contributes to a dynamic employment landscape. Construction activity remains elevated, particularly in residential and commercial development, addressing the needs of the city's growing population and expanding business requirements. This includes new housing developments, commercial complexes, and infrastructure projects, signaling ongoing investment and confidence in the region's economic future.

Schools & Education

Orange County Public Schools (OCPS) serves Orlando, operating as one of Florida's largest school districts. OCPS is recognized for its varied educational programs and a commitment to academic excellence, with many schools achieving high ratings. Notable high schools in the Orlando area include Winter Park High School, Edgewater High School, and Dr. Phillips High School, all known for strong academic and extracurricular offerings. Middle schools such as Howard Middle School and Lake Nona Middle School also hold strong reputations. For elementary education, Audubon Park Elementary and Lake Nona Elementary are frequently cited for their quality. In addition to public schools, Orlando provides a wide selection of private and charter school options, offering diverse educational philosophies and specialized programs. The University of Central Florida (UCF), one of the largest universities in the United States by enrollment, anchors the city's higher education landscape. Other nearby institutions include Rollins College, a highly-regarded private liberal arts college in Winter Park, and Valencia College, which offers extensive associate degree and workforce training programs, serving as a vital pipeline for local industries.

Lifestyle & Amenities

Orlando offers a diverse lifestyle that extends beyond its renowned theme parks. Residents have access to abundant outdoor recreational opportunities, including numerous parks, lakes, and natural springs. Lake Eola Park in downtown Orlando serves as a central point for community events, farmers markets, and paddle boating. The city's extensive network of lakes, such as the Winter Park Chain of Lakes, provides avenues for kayaking, paddleboarding, and fishing. Golf enthusiasts will find a multitude of courses, while nature preserves offer opportunities for hiking and exploration. The dining scene in Orlando is eclectic, ranging from casual eateries to upscale restaurants, with a strong emphasis on international cuisine that reflects the city's diverse population. Popular dining districts include Mills 50, Thornton Park, and the Restaurant Row area. Shopping options are equally varied, from large malls like The Mall at Millenia and Orlando International Premium Outlets to unique boutiques in areas such as Winter Park's Park Avenue. The arts and culture scene is active, with institutions like the Dr. Phillips Center for the Performing Arts, Orlando Museum of Art, and numerous smaller galleries and live music venues. Commute patterns in Orlando can be challenging, particularly on I-4, which is known for congestion. However, many residents strategically choose to live and work within specific quadrants of the city to minimize travel times, and public transportation options like SunRail provide alternatives for some commuters.

FAQs About New Homes in Orlando

What is the current population of Orlando, FL?+

As of 2024, the estimated population of Orlando, FL, is 334,854, according to the U.S. Census Bureau.

What is the median household income in Orlando?+

The median household income in Orlando, FL, was $72,336 between 2020 and 2024, based on U.S. Census Bureau data.

What is the median home value in Orlando, FL?+

The median value of owner-occupied housing units in Orlando, FL, was $394,100 from 2020 to 2024, as reported by the U.S. Census Bureau.

What is the unemployment rate in the Orlando area?+

The unemployment rate for the Orlando-Kissimmee-Sanford, FL metropolitan area was 4.9% in January 2026, according to the Federal Reserve Economic Data (FRED).

How is the job market in Orlando performing?+

The Orlando job market has shown consistent positive growth, with the metropolitan area leading Florida in private sector job creation, adding 25,500 jobs in 2025.

What are some popular neighborhoods for new construction in Orlando?+

Popular neighborhoods for new construction include Lake Nona, known for its medical and biotech focus, and Baldwin Park, a meticulously planned community with diverse housing options.

What are the primary industries driving Orlando's economy?+

Orlando's economy is primarily driven by tourism, with major theme parks, but has diversified significantly into technology, healthcare, and advanced manufacturing.

What is the average commute time for workers in Orlando?+

The mean travel time to work for Orlando residents aged 16 years and over was 26.2 minutes between 2020 and 2024, according to the U.S. Census Bureau.

What higher education institutions are located in or near Orlando?+

Orlando is home to the University of Central Florida (UCF), one of the largest universities in the U.S., and is near Rollins College and Valencia College.

What percentage of Orlando residents have a Bachelor's degree or higher?+

Approximately 42.5% of persons aged 25 years and over in Orlando held a Bachelor's degree or higher between 2020 and 2024, as per U.S. Census Bureau data.