Palms Sec 02
Homes for Sale in Apopka, FL

Community in Apopka · Orange County
138 homesBuilt 1983–1994Median sale $450K
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Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Live · Palms Sec 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$450K
Median sold · 12 mo
$198/sf
Sold $/sqft · 12 mo
peak $198 in 2026
91.2%
Sale vs ask
Orange median: 96.0%
Tempo
44days
Median DOM · closed
11 days at the 2023 low
3
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
85%
Owner-occupied · Palms Sec 02
117 of 138 parcels homesteaded (FL DOR 2025)
15%
Non-owner-occupied · Palms Sec 02
incl. 3% trust or LLC-held · 100% out-of-state
0%
Cash buyers · Palms Sec 02
0 of 3 sales, 12 mo ending June 2026
138
Homes in the community
138 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1983
Community established
homes built 1983-1994, median 1987 (FL DOR 2025)
1
Failed listings · 2026
peaked at 5 in 2015
2,265sqft
Median sold home size
12-mo windows, closed sales
2.2%/yr
Turnover rate
about 3 of 138 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Palms Sec 02 is a built-out pocket of homes dating from 1983 to 1994, with a median build year of 1987. At a median of $450,000 and roughly $198 per square foot on about 2,463 median living square feet, what sets price here is size and condition, not new construction. These are larger homes on established lots, and the spread between an updated house and one that still wears its original finishes can be wide. Read the condition, not just the address.

The current posture is steady rather than frantic. A median 44 days on market means well-priced, well-presented homes move within a reasonable window, but buyers have time to inspect and negotiate. With a homestead share near 85 percent, most owners here live in their homes, which tends to keep inventory measured. Sellers should price to the comps and invest in presentation; buyers should be ready to move on the right house without feeling rushed into a bad one.

The 60-Second Overview

Palms Sec 02 market snapshot (as of July 13, 2026): the median sale price is about $450K ($198 per sq ft over the trailing 12 months of closed sales), and a median 44 days on market for closed sales.

Palms Sec 02 is a community of 138 homes in Apopka, Orange County, built between 1983 and 1994 (median 1987), with a median living area of about 2,463 square feet. 85% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Palms Sec 02 is an established Apopka community of about 138 homes built in the 1980s and early 1990s, defined by larger floor plans and a mostly owner-occupied character rather than turnover-driven pricing.

Best for

  • Buyers prioritizing larger living space over newest finishes
  • Owner-occupants planning to stay and willing to update over time
  • Renovation-minded buyers who can add value through condition improvements

Probably not for

  • Buyers set on new or near-new construction
  • Investors chasing a rental-heavy, high-turnover market
  • Buyers who want a fully turnkey home with no inspection surprises to weigh

Windows contain 0 to 5 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.

Median sale price · trailing 12 mo
$200K$300K$400K201620182020202220242026
Sold $ per sq ft · trailing 12 mo
$100$150$200201620182020202220242026
Up from $96 in 2015 to a $198 peak in 2026; $198 now.
Median days on market · closed sales
204060201620182020202220242026
11 days at the 2023 low; 44 now.
Sale price vs original ask · median
90%95%100%201620182020202220242026
91.2% now vs Orange 96.0%.
Homes sold per 12-mo window
024201620182020202220242026
0 to 5 a year; 3 in the current window.
Sellers who gave up · failed listings per year
02420222026
Canceled, expired, or withdrawn. 5 quit in 2015; 1 so far in 2026. The clearest stress gauge a community has.

If we were buying in Palms 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 Palms Sec 02.

Best Buy
Buyers who want space in an established Apopka neighborhood and can evaluate an older home on its merits.
Biggest Risk
Aging systems and finishes mean condition varies widely from house to house.
Sweet Spot
An updated larger home priced near the $450,000 median.
Avoid If
You want new construction or a turnkey home with no maintenance history to vet.

Why condition drives the number here

With a median living area around 2,463 square feet and homes built between 1983 and 1994, this is a place where square footage is generous but systems and finishes vary by house. A roof, HVAC, kitchen, or bath that has been updated matters more to value here than in a newer subdivision where everything is the same age. The median of $450,000 is a midpoint, not a ceiling or a floor, and individual homes land above or below it largely on the strength of what has been done to them.

The high homestead share, near 85 percent, tells you this is a lived-in community rather than a rental play. That generally means measured inventory and homes that have been maintained as primary residences. For a buyer, it argues for a careful inspection and a clear read on deferred maintenance. For a seller, it argues for doing the visible work before listing, because the market rewards move-in condition.

The location and the amenities are priced into every listing in Palms 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 community where value hinges on condition and updates rather than a uniform build, comp selection is everything. We price against the right houses, flag the deferred maintenance that changes negotiations, and help sellers spend where presentation actually returns. With a median around 44 days on market, we set expectations honestly on both sides instead of chasing an unrealistic number.

Palms Sec 02 in 15 seconds.

Best forBuyers who want space in an established Apopka neighborhood and can evaluate an older home on its merits.
Biggest advantageGenerous square footage and a settled, mostly owner-occupied setting.
Biggest riskAging systems and finishes mean condition varies widely from house to house.
Sweet spotAn updated larger home priced near the $450,000 median.
Avoid ifYou want new construction or a turnkey home with no maintenance history to vet.

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 Palms Sec 02 sales matched to your home.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Palms Sec 02?
The median sale price in Palms Sec 02 was $450K over the 12 months ending July 13, 2026 (3 closed sales, Stellar MLS).
How long do homes in Palms Sec 02 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 44 days on market (3 sales, Stellar MLS).
How many homes are in Palms Sec 02?
The Florida DOR 2025 assessment roll shows 138 homes in Palms Sec 02 (public records).
What share of Palms Sec 02 is owner-occupied?
85% of Palms 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 Palms Sec 02 built?
Homes in Palms Sec 02 were built between 1983 and 1994, with a median year built of 1987 (FL DOR 2025 roll).
Do cash buyers compete in Palms Sec 02?
Cash buyers took 0% of Palms Sec 02 sales in the 12 months ending June 2026 (0 of 3 closings, Stellar MLS).
Who is the best real estate agent for Palms Sec 02?
The best agent for Palms Sec 02 is one who actively works Apopka 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 Palms Sec 02.
How do I find a top Apopka real estate agent who knows Palms 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 Palms Sec 02 and the wider Apopka area.
Can Momentum Realty connect me with an agent for Palms Sec 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Palms Sec 02 purchase or sale - no call center and no pressure.
Buyers prioritizing larger living space over newest finishesExcellent fit
Owner-occupants planning to stay and willing to update over timeExcellent fit
Renovation-minded buyers who can add value through condition improvementsExcellent fit
Buyers set on new or near-new constructionProbably not
Investors chasing a rental-heavy, high-turnover marketProbably not
Buyers who want a fully turnkey home with no inspection surprises to weighProbably 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 (3 streets, ZIP 32712))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (28 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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