Market Overview
Home Prices in Oviedo, FL
The median home value in Oviedo, FL is $511,370 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Oviedo are priced25% above average. Oviedo is part of the Orlando-Kissimmee-Sanford, FL metro area.
Over the past five years, Oviedo home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Oviedo Home Price Trend
City Comparison
Oviedo vs. National Median
At $511,370, homes in Oviedo cost 25% above the national median of $410,000. Buyers in Oviedo should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Oviedo?
20% Down Payment
$102,274
on $511,370
Monthly P&I
$2,667/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,387/mo
incl. taxes & insurance
Income Needed
$135,480
gross annual (30% rule)
10% Down Option
$51,137
+ PMI applies
Loan Amount (20% dn)
$409,096
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Oviedo, FL?
The median home value in Oviedo is $511,370 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Oviedo?
Over the past year, home values in Oviedo have decreased by 0.9%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Oviedo?
To comfortably afford the median home price of $511,370 with a 20% down payment ($102,274) at today's rates (6.8%), you'd need a gross annual income of approximately $135,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Oviedo compare to the national average home price?
The national median home value is approximately $410,000. At $511,370, homes in Oviedo are 25% above the national average.
What metro area is Oviedo part of?
Oviedo is part of the Orlando-Kissimmee-Sanford, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.