Northwood Terrace
Homes for Sale in Winter Park, FL

Community in Winter Park · Orange County · ZIP 32789
88 homesBuilt 1952–2024Median sale $575K
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Built fromLive Stellar MLS data22 years of closingsFL DOR public recordsUpdated twice daily

As of September 2026, Northwood Terrace in Winter Park, FL has 1 home for sale. Over the 12 months ending 2026-09-12, 4 recorded sales closed at a median of $575,000, $370 per square foot, a median 17 days on market, sellers accepting 95% of original asking (-42% versus the prior year). Homes listed or recently sold were built 1952–2026 with 1 new construction; none of the 3 geocoded homes sit in a FEMA special flood hazard zone (median elevation 113 ft). At the median price and Orange County's FY2025-26 rate of 16.67 mills, annual property tax runs about $9,590 ($8,910 with the full homestead exemption).

Live · Northwood Terrace Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$575K
Median sold · 12 mo
down 42.4% vs the prior 12 months
-42.4%
1-yr price change
n = 4 and 10 sales in the two windows
$370/sf
Sold $/sqft · 12 mo
peak $416 in 2025
94.5%
Sale vs ask
Orange median: 96.2%
Tempo
1.7mo
Supply
3 to 6 months is the balanced band
17days
Median DOM · closed
5 days at the 2017 low
50%
Under contract
Orange: 24% (1,877 of 7,786)
1 · 1
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 3 a year
Ownership and context
73%
Owner-occupied · Northwood Terrace
64 of 88 parcels homesteaded (FL DOR 2025)
27%
Non-owner-occupied · Northwood Terrace
incl. 14% trust or LLC-held · 100% out-of-state
88
Homes in the community
88 residential parcels (FL DOR 2025)
Track record · 22 years of records
Est. 1952
Community established
homes built 1952-2024, median 1953 (FL DOR 2025)
1,400sqft
Median sold home size
12-mo windows, closed sales
4.5%/yr
Turnover rate
about 4 of 88 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

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 Housing Pulse · Momentum Research · as of September 12, 2026

Northwood Terrace right now

🟡 Balanced market. 1.7 months of supply and 50% of the inventory already under contract put buyers and sellers on roughly even footing.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Stellar MLS records, as of September 12, 2026. Confidence: Medium (2 active and pending listings, 4 closed sales in 12 months).

🔴 Off the recent peak. The trailing-12-month median ($575K) is down 42.4% from the prior 12 months ($998K). 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 September 12. Confidence: Low (4 and 10 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated September 12, 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 September 12, 2026): the median sale price is about $575K ($370 per sq ft over the trailing 12 months of closed sales), a median 17 days on market for closed sales, and 1.7 months of supply, a balanced market. The trailing-12-month median is down 42% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Northwood Terrace is a community of 88 homes in Winter Park, Orange County, built between 1952 and 2024 (median 1953.0), with a median living area of about 1,654 square feet. 73% 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.

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

Windows contain 0 to 10 sales each (4 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 2004 through 2026. Deemed reliable but not guaranteed.

Every sale since 2004 · price vs size
$0$500K$1M$1.5M1k2k3k
45 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
051020122014201620182020202220242026
0 to 10 a year; 4 in the current window.

Northwood Terrace Market Scorecard

Strong seller's market

Northwood Terrace is currently a strong seller's market. About 1.7 months of supply, a median asking price of $975,000, and homes go under contract in about 70 days.

1.7
Months supply
$975,000
Median list
$520,000
Median sold
$470
Per sqft
70
Days on mkt
1/1/7
Active/Pend/Sold

Typical home value in the 32789 ZIP is $809,773, about 61.9% above the Florida norm (Zillow Home Value Index).

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in Northwood Terrace

Live MLS inventory for Northwood Terrace. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Northwood Terrace listings as of 2026-09-12, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2004 through 2026. Tap any home to ask about it.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

Schools

In short
  • Orange County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Audubon Park K8 · Elementary
  • Audubon Park K-8 · Middle
  • Winter Park High · High

Zoned schools reflect the assignments reported on recent Northwood Terrace listings and can change; always confirm with Orange County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any Northwood Terrace address.

If we were buying in Northwood Terrace 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 Northwood Terrace.

Best Buy
Buyers who want an established Winter Park address and are comfortable with older housing stock.
Biggest Risk
A thin sample of recent sales makes year-over-year swings noisy and pricing case-by-case.
Sweet Spot
A well-maintained or updated mid-century home bought on condition, not on the median.
Avoid If
You need move-in-ready square footage and predictable, high-volume comps.

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.

Jon Brooks · Founder, Momentum Realty
5.5C · Buy Score
Recent Direction0.0/10
Liquidity & Demand8.3/10
Owner Commitment7.3/10
Pricing Power6.4/10

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 4 factors (5.5). Basis: Recent Direction -42.4% year-over-year; Liquidity & Demand 1.7 months of supply; Owner Commitment 73% owner-occupied; Pricing Power 94.5% 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.

Best forBuyers who want an established Winter Park address and are comfortable with older housing stock.
Biggest advantageA measured market with time to inspect and negotiate rather than overbid.
Biggest riskA thin sample of recent sales makes year-over-year swings noisy and pricing case-by-case.
Sweet spotA well-maintained or updated mid-century home bought on condition, not on the median.
Avoid ifYou need move-in-ready square footage and predictable, high-volume comps.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • 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 Northwood Terrace sales matched to your home.

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.

See all homes for sale in Winter Park →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Northwood Terrace?
The median sale price in Northwood Terrace was $575K over the 12 months ending September 12, 2026 (4 closed sales, Stellar MLS).
How long do homes in Northwood Terrace take to sell?
Homes that closed in the 12 months ending September 12, 2026 took a median 17 days on market (4 sales, Stellar MLS).
Is Northwood Terrace a buyer's or seller's market right now?
As of September 12, 2026, Northwood Terrace is roughly balanced: 1.7 months of supply at the current sales pace (Stellar MLS live counts).
How many homes are in Northwood Terrace?
The Florida DOR 2025 assessment roll shows 88 homes in Northwood Terrace (public records).
What share of Northwood Terrace is owner-occupied?
73% of Northwood Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Northwood Terrace built?
Homes in Northwood Terrace were built between 1952 and 2024, with a median year built of 1953.0 (FL DOR 2025 roll).
Who is the best real estate agent for Northwood Terrace?
The best agent for Northwood Terrace is one who actively works Winter Park 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 Northwood Terrace.
How do I find a top Winter Park real estate agent who knows Northwood Terrace?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Northwood Terrace and the wider Winter Park area.
Can Momentum Realty connect me with an agent for Northwood Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Northwood Terrace purchase or sale - no call center and no pressure.
Buyers around the mid-$500s who value an established Winter Park location over a large footprintExcellent fit
Renovation-minded buyers ready to underwrite an older home's updates rather than pay for turnkeyExcellent fit
Long-hold buyers comfortable in a low-turnover pocket where the right listing is worth waiting forExcellent fit
Buyers who need substantial square footage move-in-ready at this median priceProbably not
Buyers who want a deep pool of recent comps to validate every offerProbably not
Buyers seeking new construction as the norm rather than the exceptionProbably not

Nearby Communities

Explore more neighborhoods near Northwood Terrace with Momentum Realty’s local guides.

Orangewood Park Winter Park0.1 mi awayLake Forest Park Winter Park0.3 mi awayBeeman Park Orlando0.4 mi awayCECounterpoint Estates 14 Orlando0.6 mi awayBaldwin Park Orlando0.7 mi awayCharmont Winter Park0.7 mi away

Browse all neighborhood guides →

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: September 12, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending September 12, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (2 streets, ZIP 32789/32803))
Under-contract sharesStellar MLS records, as of 2026-09-08
Historical depthClosed-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.

Own a home here?

You just read the data. Now see what your home is worth.

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 local comps.

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CallFree valuation →
Thinking of selling in Northwood Terrace? 4 recorded closings; median 17 days on market (window ending 2026-09-12). See the Orange County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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