Parkview Terrace
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
101 homesBuilt 1994–1995Median sale $397K
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Built fromLive Stellar MLS data20 years of closingsFL DOR public recordsUpdated twice daily
Live · Parkview Terrace Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$397K
Median sold · 12 mo
$281/sf
Sold $/sqft · 12 mo
peak $281 in 2026
96.5%
Sale vs ask
Orange median: 96.0%
Tempo
55days
Median DOM · closed
3 days at the 2022 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
67%
Owner-occupied · Parkview Terrace
68 of 101 parcels homesteaded (FL DOR 2025)
33%
Non-owner-occupied · Parkview Terrace
incl. 6% trust or LLC-held · 100% out-of-state
0%
Cash buyers · Parkview Terrace
0 of 4 sales, 12 mo ending June 2026
101
Homes in the community
101 residential parcels (FL DOR 2025)
Track record · 20 years of records
Est. 1994
Community established
homes built 1994-1995, median 1994 (FL DOR 2025)
0
Failed listings · 2025
peaked at 8 in 2009
1,420sqft
Median sold home size
12-mo windows, closed sales
4.0%/yr
Turnover rate
about 4 of 101 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Parkview Terrace is a compact, mid-1990s community where price is driven far more by condition than by location or size. The homes cluster tightly around a single build era, with a median just under 1,510 square feet and a median price near $397,445. At roughly $281 per square foot, the premiums here go to updated interiors, not square footage, so a renovated kitchen and baths move the needle more than an extra bedroom.

The current posture is patient, not urgent. With a median of 55 days on market, homes are taking the better part of two months to sell, which means sellers should price to the median rather than reach past it, and buyers have room to inspect, negotiate, and walk if the numbers do not work. This is a market that rewards preparation on both sides over speed.

The 60-Second Overview

Parkview Terrace market snapshot (as of July 15, 2026): the median sale price is about $397K ($281 per sq ft over the trailing 12 months of closed sales), and a median 55 days on market for closed sales.

Parkview Terrace is a community of 101 homes in Orlando, Orange County, built between 1994 and 1995 (median 1994), with a median living area of about 1,503 square feet. 67% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Parkview Terrace is a small Orlando community of about 101 homes built in 1994 and 1995, giving it a consistent age and layout that make comparable sales unusually easy to read.

Best for

  • Buyers with a mid-$300s to roughly $400K budget seeking a move-in-ready 1990s home
  • Buyers who value predictable comps and are comfortable negotiating on condition
  • Long-hold owners who want a stable, largely owner-occupied community

Probably not for

  • Buyers needing significantly more than the median 1,503 square feet
  • Buyers who want new construction or contemporary open-concept floor plans
  • Buyers on a tight timeline who cannot wait out a roughly two-month selling pace

Windows contain 0 to 7 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 %s through %s. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K20122014201620182020202220242026
Sold $ per sq ft · trailing 12 mo
$150$200$250$30020122014201620182020202220242026
Up from $123 in 2012 to a $281 peak in 2026; $281 now.
Median days on market · closed sales
025507520122014201620182020202220242026
3 days at the 2022 low; 55 now.
Sale price vs original ask · median
90%95%100%105%20122014201620182020202220242026
96.5% now vs Orange 96.0%.
Homes sold per 12-mo window
024620122014201620182020202220242026
0 to 7 a year; 4 in the current window.
Sellers who gave up · failed listings per year
025820062008201020162020202220242025
Canceled, expired, or withdrawn. 8 quit in 2009; 0 so far in 2025. The clearest stress gauge a community has.

If we were buying in Parkview 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 Parkview Terrace.

Best Buy
Buyers who want a predictable, easy-to-comp mid-1990s home in Orange County.
Biggest Risk
A 55-day median and thin inventory mean patience is required on both sides.
Sweet Spot
An updated home priced near the $397,445 median.
Avoid If
You need a large footprint, since most homes sit near 1,503 square feet.

A condition-driven market

Because nearly every home dates to 1994 or 1995 and sits close to the median 1,503 square feet, the spread in asking prices comes down to what an owner has done inside. Original systems and finishes will sit at the lower end of the range; thoughtfully updated homes command the premium. That uniformity is a gift for pricing accuracy — there is little guesswork about what a comparable home should fetch.

A homestead share of about 67% tells you this is a stable, largely owner-occupied community rather than a churn of short-term holds. Combined with the small home count, inventory can be thin, so when a well-updated listing appears it deserves a prompt, serious look. The 55-day median reflects the broader pace, not necessarily how long the best-prepared homes last.

The location and the amenities are priced into every listing in Parkview Terrace. 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 this uniform, the difference between a good and a bad number is entirely in the condition adjustments — and that is exactly where we earn our keep. We read the updates line by line against recent closings, price to the median where it belongs, and keep both sides honest about what a mid-1990s home actually needs.

Parkview Terrace in 15 seconds.

Best forBuyers who want a predictable, easy-to-comp mid-1990s home in Orange County.
Biggest advantageA tight build era makes pricing transparent and negotiation grounded.
Biggest riskA 55-day median and thin inventory mean patience is required on both sides.
Sweet spotAn updated home priced near the $397,445 median.
Avoid ifYou need a large footprint, since most homes sit near 1,503 square feet.

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 Parkview Terrace sales matched to your home.

What is your Parkview Terrace home worth?

Get a no-obligation home value based on real comparable sales in Parkview 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 homes for sale in Parkview Terrace on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in Parkview Terrace?
The median sale price in Parkview Terrace was $397K over the 12 months ending July 15, 2026 (4 closed sales, Stellar MLS).
How long do homes in Parkview Terrace take to sell?
Homes that closed in the 12 months ending July 15, 2026 took a median 55 days on market (4 sales, Stellar MLS).
How many homes are in Parkview Terrace?
The Florida DOR 2025 assessment roll shows 101 homes in Parkview Terrace (public records).
What share of Parkview Terrace is owner-occupied?
67% of Parkview Terrace parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Parkview Terrace built?
Homes in Parkview Terrace were built between 1994 and 1995, with a median year built of 1994 (FL DOR 2025 roll).
Do cash buyers compete in Parkview Terrace?
Cash buyers took 0% of Parkview Terrace sales in the 12 months ending June 2026 (0 of 4 closings, Stellar MLS).
Who is the best real estate agent for Parkview Terrace?
The best agent for Parkview Terrace 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 Parkview Terrace.
How do I find a top Orlando real estate agent who knows Parkview Terrace?
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 Parkview Terrace and the wider Orlando area.
Can Momentum Realty connect me with an agent for Parkview Terrace?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Parkview Terrace purchase or sale - no call center and no pressure.
Buyers with a mid-$300s to roughly $400K budget seeking a move-in-ready 1990s homeExcellent fit
Buyers who value predictable comps and are comfortable negotiating on conditionExcellent fit
Long-hold owners who want a stable, largely owner-occupied communityExcellent fit
Buyers needing significantly more than the median 1,503 square feetProbably not
Buyers who want new construction or contemporary open-concept floor plansProbably not
Buyers on a tight timeline who cannot wait out a roughly two-month selling paceProbably not

Data sources & freshness

Community market statsStellar MLS closed sales, 12-month windows ending July 15, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (3 streets, ZIP 32821))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2006 (29 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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