Parramore home values
Parramore at a glance
- Zillow’s Home Value Index puts the typical home at $244,100 (Aug 2026), −0.3% over the past 12 months and +24% over five years.
- The Census median home value is $226,100 — 32% below Orlando overall and 34% below the U.S. median.
- Median household income is $39,425, so homes cost 5.7× local income.
- Median rent is $1,112/month (a 5.9% gross rental yield).
- Its ZIP ranks 12th of 14 Orlando ZIP codes by home value.
- These figures are for ZIP 32805, which Parramore shares with Washington Shores.
Parramore home value trend
Over the 12 months to Aug 2026, typical home values in Parramore were essentially flat, to about $244,100. That is 1.4 percentage points faster than Orlando (−1.7%). Values are 7.9% below their peak of $265,100 in May 2024. Over five years the typical home gained $47,100 in value (+24%).
Year-by-year values
| Month | Typical value | Change vs year before |
|---|---|---|
| Aug 2026 | $244,100 | −0.3% |
| Aug 2025 | $244,800 | −7.4% |
| Aug 2024 | $264,200 | +5.2% |
| Aug 2023 | $251,200 | +0.0% |
| Aug 2022 | $251,100 | +27.5% |
| Aug 2021 | $196,900 | +17.7% |
| Aug 2020 | $167,400 | +15.9% |
| Aug 2019 | $144,400 | +10.2% |
| Aug 2018 | $131,000 | +24.7% |
| Aug 2017 | $105,000 | +31.9% |
| Aug 2016 | $79,600 | — |
Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.
Parramore home value score
from local value, rent & income
In ZIP 32805, rents are moderate relative to prices, and homes are expensive against local incomes.
How the Value Score is built
Computed figures
A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.
Parramore vs Orlando, Florida and the U.S.
| Parramore | Orlando | Florida | U.S. | |
|---|---|---|---|---|
| Typical value (Zillow, Aug 2026) | $244,100 | $351,700 | $410,200 | — |
| 1-year change | −0.3% | −1.7% | −1.2% | — |
| 5-year change | +24% | +21% | +22% | — |
| Median home value (Census) | $226,100 | $334,500 | $357,600 | $340,200 |
| Median household income | $39,425 | $72,000 | $75,700 | $78,500 |
| Median gross rent | $1,112/mo | $1,613/mo | $1,666/mo | $1,406/mo |
| Price-to-income ratio | 5.7× | 4.6× | 4.7× | 4.3× |
| Gross rental yield | 5.9% | 5.8% | 5.6% | 5.0% |
| Rent as share of income | 34% | 27% | 26% | 21% |
| Mortgage payment* | $1,143/mo | $1,691/mo | $1,808/mo | $1,720/mo |
Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.
What it costs to buy a home in Parramore
At today’s typical value of $244,100 (Zillow, Aug 2026), a buyer putting 20% down ($48,820) and financing the rest at 6.5% over 30 years would pay about $1,234 a month in principal and interest — 38% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,112/month, so owning costs roughly 11% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.
Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.
What this means for buyers, sellers and investors in Parramore
Buyers
At 5.7× local income, this is a premium market; expect competition for the few homes at the lower end of the range.
Sellers
Values are down 0.3% on the year, so price to today’s market rather than last year’s peak — and get a home-specific estimate: condition and size move the number more than the area average.
Investors
A gross rental yield of 5.9% is middling — returns depend on buying below the typical price or adding value.
Other neighborhoods in Orlando
| Name | Home value | 1-yr | Income | Rent | Price / income |
|---|---|---|---|---|---|
| Audubon Park ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Azalea Park ZIP 32807 · shared | $248K | −0.3% | $60K | $1,471 | 4.2× |
| Baldwin Park | $751K | +0.3% | $130K | $2,224 | 5.8× |
| Carver Shores ZIP 32811 · shared | $199K | −5.6% | $52K | $1,483 | 3.8× |
| Central Business District city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| College Park | $499K | +1.1% | $113K | $1,717 | 4.4× |
| Colonialtown (North/South) ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Conway | $343K | −1.0% | $74K | $1,561 | 4.6× |
| Coytown ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Delaney Park ZIP 32806 · shared | $416K | −0.6% | $87K | $1,500 | 4.8× |
| Downtown city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Engelwood Park ZIP 32807 · shared | $248K | −0.3% | $60K | $1,471 | 4.2× |
| Florida Center | $454K | −0.5% | $94K | $1,947 | 4.8× |
| Lake Cherokee city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Lake Copeland ZIP 32806 · shared | $416K | −0.6% | $87K | $1,500 | 4.8× |
| Lake Davis/Greenwood city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Lake Eola Heights ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Lake Formosa ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Lake Nona | $616K | −0.7% | $112K | $2,163 | 5.5× |
| Lake Underhill ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| Metro West | $333K | −3.1% | $70K | $1,764 | 4.7× |
| Milk District city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Millenia | $251K | −0.6% | $51K | $1,429 | 4.9× |
| Orlo Vista ZIP 32811 · shared | $199K | −5.6% | $52K | $1,483 | 3.8× |
| Parramore ZIP 32805 · shared | $226K | −0.3% | $39K | $1,112 | 5.7× |
| Pine Hills ZIP 32808 · shared | $219K | −3.2% | $48K | $1,375 | 4.6× |
| Richmond Estates ZIP 32811 · shared | $199K | −5.6% | $52K | $1,483 | 3.8× |
| Richmond Heights ZIP 32811 · shared | $199K | −5.6% | $52K | $1,483 | 3.8× |
| Roosevelt Park ZIP 32811 · shared | $199K | −5.6% | $52K | $1,483 | 3.8× |
| Rosemont ZIP 32808 · shared | $219K | −3.2% | $48K | $1,375 | 4.6× |
| Rowena Gardens ZIP 32803 · shared | $421K | +0.9% | $101K | $1,823 | 4.2× |
| South Eola city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Thornton Park city data | $398K | −3.6% | $78K | $1,773 | 5.1× |
| Vista East | $349K | −1.7% | $94K | $1,858 | 3.7× |
| Wadeview Park ZIP 32806 · shared | $416K | −0.6% | $87K | $1,500 | 4.8× |
| Washington Shores ZIP 32805 · shared | $226K | −0.3% | $39K | $1,112 | 5.7× |
Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.
Parramore real estate FAQ
Are home prices going up in Parramore?
What is the typical home value in Parramore?
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What’s your Parramore home worth?
Estimates are informational only and are not an appraisal.
About this data
Data last updated: September 2026.
Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.
Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.
The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.
Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.
These are area-level statistics, not an appraisal of any individual property, and not financial advice.
Sources: U.S. Census ACS · Zillow ZHVI.