North Bay Sec 02
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
193 homesBuilt 1971–2024Median sale $1.85M
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · North Bay Sec 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$1.85M
Median sold · 12 mo
$641/sf
Sold $/sqft · 12 mo
peak $641 in 2026
84.9%
Sale vs ask
Orange median: 96.0%
Tempo
39days
Median DOM · closed
5 days at the 2022 low
3
Sold · last 12 mo
10-yr average: about 1 a year
Ownership and context
69%
Owner-occupied · North Bay Sec 02
136 of 197 parcels homesteaded (FL DOR 2025)
31%
Non-owner-occupied · North Bay Sec 02
incl. 21% trust or LLC-held · 100% out-of-state
33%
Cash buyers · North Bay Sec 02
1 of 3 sales, 12 mo ending June 2026
193
Homes in the community
plus 4 vacant residential lots · 197 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1971
Community established
homes built 1971-2024, median 1987 (FL DOR 2025)
1
Failed listings · 2026
peaked at 2 in 2015
2,884sqft
Median sold home size
12-mo windows, closed sales
1.6%/yr
Turnover rate
about 3 of 193 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price here is driven by land and living space more than by any single vintage of construction. With a median around $1.85M and roughly $641 per square foot against a median of about 3,220 living square feet, you are paying for scale and location, and the wide build range from 1971 to 2024 means condition and updates do most of the work separating one asking price from the next.

The market posture is measured, not frantic. A median of 39 days on market suggests homes are trading in reasonable time but not overnight, and with only a handful of closings in the recent window, single sales can swing the read. Buyers have room to underwrite condition carefully; sellers should price to the specific home rather than to a headline number.

The 60-Second Overview

North Bay Sec 02 market snapshot (as of July 13, 2026): the median sale price is about $1.85M ($641 per sq ft over the trailing 12 months of closed sales), and a median 39 days on market for closed sales.

North Bay Sec 02 is a community of 193 homes in Orlando, Orange County, built between 1971 and 2024 (median 1987), with a median living area of about 3,220 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

North Bay Sec 02 is a small, established Orlando pocket of 193 homes where a five-decade build span means you are comparing renovated older houses against newer construction on the same street. The homestead share near 69% points to a largely owner-occupied base rather than a rental-heavy block.

Best for

  • Buyers with a budget near the mid-seven figures seeking substantial living space
  • Buyers comfortable evaluating a renovated older home against newer construction
  • Long-hold owner-occupants who value an established, mostly homesteaded street

Probably not for

  • Buyers needing a home well under the community median
  • Investors seeking rental-heavy turnover or quick flips
  • Anyone who wants a deep bench of recent comparable sales before committing

Windows contain 0 to 4 sales each (3 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period %s through %s. Deemed reliable but not guaranteed.

Homes sold per 12-mo window
0242014201620182020202220242026
0 to 4 a year; 3 in the current window.

If we were buying in North Bay Sec 02 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in North Bay Sec 02.

Best Buy
Buyers wanting a larger home in an established, owner-occupied Orlando pocket.
Biggest Risk
A thin comp set — few recent closings make pricing and appraisal harder.
Sweet Spot
An updated home priced honestly against its condition, not just its square footage.
Avoid If
You need fast comps or a predictable, high-volume resale market.

One street, five decades of houses

The defining feature here is the range in build years — 1971 through 2024, with a median build year of 1987. That spread is why the price picture is condition-driven rather than range-driven: an original-condition home from the community's early years and a recent rebuild can sit blocks apart, and the gap between them is renovation, not neighborhood. Read each listing on its own finishes, systems, and lot.

At roughly 3,220 median living square feet and about $641 per square foot, this is a larger-home market where square footage carries real weight in the price. With just 193 homes total and a thin recent closing window, comparable sales are scarce, so appraisal and pricing conversations should lean on the specifics of the property in front of you rather than on volume.

The location and the amenities are priced into every listing in North Bay Sec 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a 193-home pocket with few recent closings and a five-decade build spread, the number that matters is the one attached to the specific house — not the community median. We underwrite condition, systems, and lot against the thin comp set so buyers do not overpay for age dressed up as updates, and sellers price to what their home actually is.

North Bay Sec 02 in 15 seconds.

Best forBuyers wanting a larger home in an established, owner-occupied Orlando pocket.
Biggest advantageA small, stable community where the median leans homesteaded rather than rental.
Biggest riskA thin comp set — few recent closings make pricing and appraisal harder.
Sweet spotAn updated home priced honestly against its condition, not just its square footage.
Avoid ifYou need fast comps or a predictable, high-volume resale market.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed North Bay Sec 02 sales matched to your home.

What is your North Bay Sec 02 home worth?

Get a no-obligation home value based on real comparable sales in North Bay Sec 02, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in North Bay Sec 02?
The median sale price in North Bay Sec 02 was $1.85M over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in North Bay Sec 02 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 39 days on market (3 sales, Stellar MLS).
How many homes are in North Bay Sec 02?
The Florida DOR 2025 assessment roll shows 193 homes plus 4 vacant residential lots in North Bay Sec 02 (public records).
What share of North Bay Sec 02 is owner-occupied?
69% of North Bay Sec 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in North Bay Sec 02 built?
Homes in North Bay Sec 02 were built between 1971 and 2024, with a median year built of 1987 (FL DOR 2025 roll).
Do cash buyers compete in North Bay Sec 02?
Cash buyers took 33% of North Bay Sec 02 sales in the 12 months ending June 2026 (1 of 3 closings, Stellar MLS).
Who is the best real estate agent for North Bay Sec 02?
The best agent for North Bay Sec 02 is one who actively works Orlando and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for North Bay Sec 02.
How do I find a top Orlando real estate agent who knows North Bay Sec 02?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows North Bay Sec 02 and the wider Orlando area.
Can Momentum Realty connect me with an agent for North Bay Sec 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your North Bay Sec 02 purchase or sale - no call center and no pressure.
Buyers with a budget near the mid-seven figures seeking substantial living spaceExcellent fit
Buyers comfortable evaluating a renovated older home against newer constructionExcellent fit
Long-hold owner-occupants who value an established, mostly homesteaded streetExcellent fit
Buyers needing a home well under the community medianProbably not
Investors seeking rental-heavy turnover or quick flipsProbably not
Anyone who wants a deep bench of recent comparable sales before committingProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 13, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (2 streets, ZIP 32819))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (13 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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