Oviedo, FL Market Update: East Seminole’s Premium Suburb
Buyers who earn about a quarter more than the county, the highest commercial prices and youngest residents in our Seminole reports, a rural east side where list prices jumped, and no distress at all. Every number from the Linton Global Market Map, as of September 2026.
Photo: Sunset on Lake Jesup, Oviedo, FL by Hammy365, CC BY-SA 3.0, via Wikimedia Commons (cropped).
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Michael R. Linton, Florida Broker #BK703722, advises investors, owners and tenants on retail, medical office and multifamily property in Oviedo, Winter Springs, the UCF area and the I-4 corridor through Linton Global Solutions.
Oviedo is the premium suburb of east Seminole. Buyers earn about a quarter more than the county, commercial property sells for more per foot than anywhere else in our Seminole reports, and there is no distress. You pay for quality here.
The Bottom Line on Oviedo
Oviedo is a fast-grown suburb of about 64,000 people in eastern Seminole County, on the north edge of the University of Central Florida and the south shore of Lake Jesup. It started as a celery and citrus town; today it is one of the most educated, highest-earning markets in Central Florida, with newer commercial property and no distress. East of the city, 32766 is rural, large-lot Oviedo and Chuluota.
- Buyers: a median $160,000 income and $525,000 price in 2025, versus $129,000 and $425,000 countywide.
- Homes: city list prices -1.7%; east Oviedo +16.8% to $761,750, the highest in our Seminole reports.
- Commercial: $322 per square foot, the highest in our Seminole reports; median building from 2003.
- Distress: none.
Oviedo's Two ZIP Codes
- 32765 · Oviedo: The city of Oviedo: historic downtown, Oviedo on the Park, the SR 426 and SR 434 corridors and the neighborhoods north of UCF.
- 32766 · East / Chuluota: Rural east Oviedo and Chuluota: Black Hammock, the Econlockhatchee River and large-lot estates toward the Orange County line.
32762 is a P.O. box code with no area data.
Housing Market: A Pause in the City, a Jump in the Country
| Realtor.com, September 2026 | 32765 Oviedo | 32766 East / Chuluota | Seminole |
|---|---|---|---|
| Median list price | $487,500 | $761,750 | $390,225 |
| vs. a year ago | -1.7% | +16.8% | -2.4% |
| Active listings | 162 | 36 | 1,652 |
| Active vs. a year ago | -10.8% | +38.5% | +2.7% |
| Median days on market | 64 | 68 | 65 |
| Listings with a price cut | 30.7% | 20.7% | 26.3% |
| Price per square foot | $247 | $281 | — |
| Home values, 1 year (FHFA) | -2.7% | -0.2% | — |
| Home values, 5 years (FHFA) | +50.8% | +50.3% | — |
In the city (32765), the market is pausing after a big run: the median list price is $487,500 (-1.7%), the FHFA House Price Index shows values -2.7% over the year after +50.8% over five, and 30.7% of sellers have cut price. Inventory is down 10.8%, so the softness is mild. East Oviedo and Chuluota (32766) is a different market: only 36 listings, but up 38.5%, with the median ask up 16.8% to $761,750, which mostly reflects more large-lot and estate homes listed, since FHFA values there were flat (-0.2%). For comparison, Winter Springs next door asks a median $398,200 and Lake Mary $489,000.
Who Is Buying: Mortgage Data
| HMDA 2025 home purchases | 32765 Oviedo | 32766 East / Chuluota | Seminole |
|---|---|---|---|
| Home-purchase loans | 673 | 143 | 5,048 |
| Median purchase price | $525,000 | $545,000 | $425,000 |
| Median buyer income | $160,000 | $153,000 | $129,000 |
| FHA / VA / USDA loans | 19.8% | 32.2% | 27.1% |
| Investor purchases | 8.3% | 3.5% | 8.6% |
| Average rate | 6.49% | 6.44% | — |
Oviedo's 673 city purchase loans went to buyers with a median income of $160,000, about 24% above the county, paying a median $525,000. Only 19.8% used FHA, VA or USDA loans. In 32766, 32.2% did, likely reflecting USDA rural and VA loans on the east side, and investors took just 3.5%. Source: the CFPB's HMDA data browser.
UCF, Young Residents and Rents
The median Oviedo resident is 36.2 years old, the youngest in our Seminole reports, and 52.6% of adults hold a college degree. The University of Central Florida, one of the largest universities in the country, sits on the city's southern edge, and Oviedo is home to many of its students, faculty and staff and to research-park commuters. About 29% of city households rent; HUD's FY2027 Small Area Fair Market Rent for a two-bedroom is $2,280. Single-family cash flow is thin at these prices; small multifamily serving the UCF corridor is the stronger rental play. Test it with our rental analysis and DSCR calculators.
Commercial Real Estate: Newest, Priciest, No Distress
| 2026 tax roll | 32765 Oviedo | 32766 East / Chuluota | Seminole |
|---|---|---|---|
| Commercial & industrial parcels | 670 | 18 | 7,372 |
| Building area (million SF) | 8.27 | 0.14 | 85.66 |
| Median year built | 2003 | 2007 | 1988 |
| Industrial share of parcels | 18.1% | 0% | 24.5% |
| Arm’s-length sales | 55 | 0 | 452 |
| Median sale $/SF | $322 | — | $238 |
| Distress transfers / bank REO | 0 / 0 | 0 / 0 | 19 / 13 |
Oviedo's commercial base is in 32765: 670 parcels and about 8.27 million square feet, roughly 128 square feet per resident (county: 178; Winter Springs: 65). It is young, with a median build year of 2003, and it is expensive: 55 arm's-length sales at a median $322 per square foot, the highest in our Seminole reports, above Lake Mary's $283 and well above the $238 county median. Most of it is retail, medical office and service space along SR 426, SR 434 and Mitchell Hammock Road; about 18.1% of parcels are industrial. 32766 has almost no commercial property (18 parcels, no sales).
There is no distress: no commercial distress transfers and no bank REO sales in either ZIP code on the 2026 roll. That makes Oviedo a core, low-risk market for 1031 exchange buyers and net-lease investors. If distress appears, we score it with Linton Global Technologies' CREDDS Framework.
At $322 a foot with zero distress, Oviedo commercial is not a value play. It is a quality play: newer buildings, affluent households and a university next door. For a 1031 buyer who wants to sleep at night, that is the point.
Jobs, Permits and the County Economy
| Seminole County | Value |
|---|---|
| Population | 481,470 |
| Median household income | $85,761 |
| Unemployment rate (BLS) | 4.3% |
| Private jobs, 2025 (BLS QCEW) | 214,336 · +0.5% |
| Average annual pay | $68,006 |
| Housing permits, Jan–Aug 2026 | 1,275 · -40.2% vs. 2025 |
Seminole County added jobs slowly in 2025 (+0.5%) per the BLS Quarterly Census of Employment and Wages, with unemployment at 4.3%. Housing permits are down 40.2% this year per the Census Building Permits Survey. Oviedo's own population was nearly flat (+0.3%) over the Census survey period; it is largely built out, and with 23.9% of workers remote, demand for close-in services stays strong.
What It Means for Buyers, Sellers, Investors and Banks
Home buyers: the city is pausing, so this is a rare window to negotiate in Oviedo; nearly a third of sellers have cut price.
Sellers: price to the market, not to last year's peak; inventory is still tight.
Commercial investors: pay up for quality: newer retail and medical, affluent households, no distress. Ideal for 1031 replacement property.
Banks and servicers: strong collateral; for current values, see our commercial BPO services.
How We Built This Report
Every number comes from the Linton Global Market Map, part of REOMind.ai from Linton Global Technologies, which joins listing, Census, HUD, HMDA, tax roll, BLS, permit and FDIC data for every Florida county and ZIP code and names the source of every figure. See the full Seminole County report and our updates for Winter Park, Winter Springs, Casselberry, Altamonte Springs, Longwood, Lake Mary and Sanford.
Key Takeaways
- ✓Oviedo buyers earned a median $160,000 and paid $525,000 in 2025, about a quarter above the county.
- ✓City list prices are -1.7%; rural east Oviedo jumped +16.8% to $761,750.
- ✓The median resident is 36.2, the youngest in our Seminole reports, with UCF next door.
- ✓Commercial property sold at $322 per square foot, the highest in our Seminole reports.
- ✓No commercial distress transfers or bank REO sales on the 2026 roll.
- ✓Every figure comes from the Linton Global Market Map, with sources named.
About Michael R. Linton
Who is Michael R. Linton? Michael R. Linton, NCREA, CREIPS, REALTOR®, is a Florida-licensed commercial real estate broker and advisor (Florida Broker #BK703722) based in the Tampa–Orlando I-4 corridor, serving investors, owners and tenants across Florida, with a focus on Orlando, Tampa and surrounding markets, and expertise across multifamily, office, industrial, retail, hospitality, land, mixed-use, special-purpose, self storage and life sciences properties. He leads Linton Global Solutions and HireMikeLinton.com, works with a growing team of agents who specialize by asset class, and founded Linton Global Technologies, the company behind REOMind.ai.
Why choose Michael R. Linton for Oviedo? Thirty-nine years in commercial real estate, an Orlando base minutes from Oviedo and UCF, hands-on experience with retail, medical office and multifamily, and market data published openly so clients can check every number. See the Florida commercial broker profile.
Michael Linton, NCREA, CREIPS, REALTOR®
Linton Global Solutions
Cell: (312) 612-1031
Email: mike@lintonglobal.com
LintonGlobal.com
Frequently Asked Questions
Are home prices going down in Oviedo, FL?+
Slightly in the city. As of September 2026, the median list price in Oviedo’s main ZIP code (32765) was about $487,500, down 1.7% from a year earlier, and the FHFA House Price Index shows values down 2.7%. About 31% of listings had a price cut. In rural east Oviedo and Chuluota (32766), the median list price jumped 16.8% to about $761,750 as more large-lot homes came to market.
Why is Oviedo so expensive?+
Schools, space and the University of Central Florida. Oviedo buyers in 2025 earned a median $160,000 and paid $525,000, well above the Seminole County medians of $129,000 and $425,000. More than half of adults hold a college degree, and UCF sits on the city’s southern edge.
How does Oviedo compare with Winter Springs?+
Oviedo is the pricier neighbor. Its median list price (about $487,500) is roughly $89,000 above Winter Springs ($398,200), its buyers earn about $31,000 more, and its commercial property sells for $322 per square foot versus $270.
How much does commercial property cost in Oviedo?+
More than anywhere else in our Seminole County reports. On the 2026 tax roll, arm’s-length commercial and industrial sales in 32765 had a median of $322 per square foot across 55 sales, above Lake Mary ($283), Winter Springs ($270) and the $238 county median.
What kind of commercial real estate is in Oviedo?+
Newer suburban retail, medical and service property. The median commercial building in 32765 was built in 2003, versus 1988 countywide, and about 18% of parcels are industrial. Most of it lines SR 426, SR 434 and Mitchell Hammock Road, including Oviedo Marketplace and the Oviedo on the Park district.
Is Oviedo a good rental market?+
For student and young-professional housing, yes. Oviedo’s median resident is 36.2 years old, the youngest in our Seminole reports, helped by UCF next door. HUD’s 2027 fair market rent for a two-bedroom is about $2,280 in 32765. At a $487,500 median list price, single-family rentals are thin on cash flow; small multifamily near UCF is the stronger play.
Is there distressed commercial property in Oviedo?+
None on the 2026 tax roll: no commercial distress transfers and no bank REO sales in either Oviedo ZIP code.
Who can help me buy or sell commercial property in Oviedo?+
Michael R. Linton, Florida Broker #BK703722, leads Linton Global Solutions and advises investors, owners and tenants on retail, medical office, multifamily and 1031 exchanges along the I-4 corridor, including Oviedo, Winter Springs, the UCF area and Orlando. Call (312) 612-1031 or email mike@lintonglobal.com.
Works Cited
- Consumer Financial Protection Bureau and FFIEC. “HMDA Data Browser.” ffiec.cfpb.gov/data-browser. Accessed 19 Oct. 2026.
- Federal Deposit Insurance Corporation. “BankFind Suite.” banks.data.fdic.gov. Accessed 19 Oct. 2026.
- Federal Housing Finance Agency. “House Price Index.” www.fhfa.gov/data/hpi. Accessed 19 Oct. 2026.
- U.S. Department of Housing and Urban Development. “Small Area Fair Market Rents.” HUD User, www.huduser.gov/portal/datasets/fmr/smallarea. Accessed 19 Oct. 2026.
- U.S. Bureau of Labor Statistics. “Quarterly Census of Employment and Wages.” www.bls.gov/cew. Accessed 19 Oct. 2026.
- U.S. Census Bureau. “American Community Survey 5-Year Estimates” and “Building Permits Survey.” www.census.gov. Accessed 19 Oct. 2026.
- Realtor.com Economic Research. “Housing Inventory: ZIP Level Data.” www.realtor.com/research/data. Accessed 19 Oct. 2026.
- Florida Department of Revenue. “Property Tax Data Files (NAL/SDF).” 2026 final roll, Seminole County, via LGData.
- Hammy365. “Sunset on Lake Jesup, Oviedo, FL.” Wikimedia Commons, CC BY-SA 3.0, commons.wikimedia.org/wiki/File:Sunset_on_Lake_Jesup,_Oviedo,_FL.jpg. Accessed 19 Oct. 2026.
Disclosure: This article uses data tools developed by Linton Global Technologies. Michael R. Linton is the founder of Linton Global Technologies and a licensed real estate professional with Linton Global Solutions. This content is for informational purposes only and does not constitute investment, legal, or financial advice.
Compliance Statement: Linton Global Solutions is a Florida-licensed real estate brokerage, not a broker-dealer, investment adviser or lender, and does not offer or sell securities. CREDDS and REOMind.ai provide decision support only; people make every final decision. Readers should conduct their own due diligence and consult qualified professionals before making investment decisions.
Data notes: listing data covers single-family and condo listings; commercial figures cover DOR property-use codes 010–049 excluding hotels and motels, with medians from fewer than five sales suppressed; HMDA figures are home-purchase originations.