Northwood Terrace
Homes for Sale in Winter Park, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Northwood Terrace is a small pocket of Winter Park where price is driven by condition and lot, not by square footage alone. With a median living area of roughly 1,595 sq ft, a median built in 1953, and homes spanning 1948 to 2024, you are buying into an older housing stock with scattered newer construction and rebuilds. That mix is exactly why the median lands near $520,000 while the per-foot number sits around $357.75 — you are paying for location and, in many cases, what has been done to the house since 1953.
The current posture is measured, not frantic. A median of 28 days on market and a heat score of 29 point to a market that is moving without urgency, so buyers have room to inspect and negotiate rather than waive everything to win. The steep year-over-year change reflects a very thin sample — only 7 closings in the window across 217 homes — so read it as a small-sample swing, not a trend you should price a decision around. Sellers should price to the house's actual condition; buyers should underwrite the renovation, not the listing photos.
Northwood Terrace right now
🔴 Off the recent peak. The trailing-12-month median ($520K) is down 61.9% from the prior 12 months ($1.37M). With about 3 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level Stellar MLS closed sales, 12-month windows ending July 15. Confidence: Medium (7 and 8 sales in the two windows).
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Updated July 15, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Northwood Terrace market snapshot (as of July 15, 2026): the median sale price is about $520K ($358 per sq ft over the trailing 12 months of closed sales), and a median 28 days on market for closed sales. The trailing-12-month median is down 62% from the prior 12 months, computed from record-level Stellar MLS closed sales (7 closings in the current window).
Northwood Terrace is a community of 217 homes in Winter Park, Orange County, built between 1948 and 2024 (median 1953), with a median living area of about 1,595 square feet. 69% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Northwood Terrace is a compact, established enclave in Winter Park with a large majority of homes owner-occupied — homestead share sits near 69% — which tends to keep turnover low and inventory limited. The median home is mid-century in age and modest in footprint, so the story here is character and location over size.
Who Northwood Terrace is best for.
Best for
- Buyers around the mid-$500s who value an established Winter Park location over a large footprint
- Renovation-minded buyers ready to underwrite an older home's updates rather than pay for turnkey
- Long-hold buyers comfortable in a low-turnover pocket where the right listing is worth waiting for
Probably not for
- Buyers who need substantial square footage move-in-ready at this median price
- Buyers who want a deep pool of recent comps to validate every offer
- Buyers seeking new construction as the norm rather than the exception
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending July 15 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($520K) IS the median in the snapshot above, and the move from 2025 ($1.37M) IS the -61.9% one-year change.
Windows contain 0 to 9 sales each (7 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.
The Northwood Terrace buying strategy.
If we were buying in Northwood Terrace today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Northwood Terrace.
Why the spread is wide
When housing stock runs from 1948 to 2024, two homes on the same street can trade for very different numbers, and the median masks that. A largely original 1950s house and a recent rebuild are both in this data set, which is why we lean on condition rather than a headline price band. We do not have a verified price range for Northwood Terrace, so treat the $520,000 median as your anchor and adjust for what the specific house needs.
The high homestead share of roughly 69% signals a neighborhood held by long-term owners, which usually means fewer listings and homes that don't sit long once they're priced right. With just 7 closings in the reporting window, patience matters on both sides: a buyer may wait for the right house to surface, and a seller benefits from timing a launch when comparable inventory is scarce.
The location and the amenities are priced into every listing in Northwood Terrace. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Northwood Terrace buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (4.4). Basis: Recent Direction -61.9% year-over-year; Owner Commitment 69% owner-occupied; Pricing Power 94.4% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Thin data and a wide age range make this a market where a single comp can mislead you. We underwrite each Northwood Terrace home on its own condition, updates, and lot rather than a blanket price-per-foot, and we'll tell you when a listing is priced for a renovation it hasn't had. In a low-turnover pocket, our job is to help you move decisively on the right house and to price a sale against real, current inventory.
Northwood Terrace in 15 seconds.
HOA, CDD & Fees
- 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.
Tools for a Northwood Terrace buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Northwood Terrace sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Northwood Terrace, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Northwood Terrace home worth?
Get a no-obligation home value based on real comparable sales in Northwood Terrace, 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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Frequently Asked Questions
What is the median home price in Northwood Terrace?
How long do homes in Northwood Terrace take to sell?
How many homes are in Northwood Terrace?
What share of Northwood Terrace is owner-occupied?
When were the homes in Northwood Terrace built?
Do cash buyers compete in Northwood Terrace?
Who is the best real estate agent for Northwood Terrace?
How do I find a top Winter Park real estate agent who knows Northwood Terrace?
Can Momentum Realty connect me with an agent for Northwood Terrace?
Should you buy in Northwood Terrace?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Community market stats | Stellar MLS closed sales, 12-month windows ending July 15, 2026 |
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (5 streets, ZIP 32789/32803)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2004 (45 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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