Orlando Housing Market — 2026 Reality Check
The median home price in Orlando is $385,000. At today's rates (7.2%), an 80% conventional loan on that home costs $2,091/month in principal and interest alone — before taxes, insurance, and HOA.
To qualify under standard bank underwriting (28% front-end DTI), you need a gross income of at least $82,000/year. The median household income in Orlando is approximately $65,000/year — putting the price-to-income ratio at 5.9×.
Median Home Price$385,000
20% Down Payment$77,000
3.5% FHA Down Payment$13,475
Est. Monthly Payment (80% LTV)$2,091/mo
Salary Needed (28% DTI)$82K+/year
Price-to-Income Ratio5.9× median income
FRC Buyer Demand ScoreCOOLING
Current Mortgage Rate Est.7.2%
Frequently Asked Questions
What salary do I need to buy a home in Orlando?
Based on the median Orlando home price of $385,000 and standard 28% front-end DTI ratio, you need a gross income of at least $82,000/year to qualify for a conventional mortgage. With existing debt obligations (car payments, student loans), you may need more.
Is Orlando a buyer's or seller's market in 2026?
Based on FRC Buyer Demand data from active listings, Orlando is currently showing COOLING demand. This is a transitioning market — some negotiating room exists but well-priced homes still move quickly.
What is the down payment for a home in Orlando?
For the median Orlando home ($385,000): 20% conventional down payment = $77,000. FHA minimum 3.5% down = $13,475. FHA requires a credit score of 580+. Conventional loans typically require 620+.