Watermill Sec 04
Homes for Sale in Orlando, FL

Community in Orlando · Orange County
91 homesBuilt 1984–1988Median sale $410K
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Live · Watermill Sec 04 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$410K
Median sold · 12 mo
down 19.6% vs the prior 12 months
-19.6%
1-yr price change
n = 4 and 4 sales in the two windows
$235/sf
Sold $/sqft · 12 mo
peak $252 in 2025
98.5%
Sale vs ask
Orange median: 96.0%
Tempo
22days
Median DOM · closed
6 days at the 2025 low
4
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
79%
Owner-occupied · Watermill Sec 04
72 of 91 parcels homesteaded (FL DOR 2025)
21%
Non-owner-occupied · Watermill Sec 04
incl. 8% trust or LLC-held · 100% out-of-state
50%
Cash buyers · Watermill Sec 04
2 of 4 sales, 12 mo ending June 2026
91
Homes in the community
91 residential parcels (FL DOR 2025)
Track record · 11 years of records
Est. 1984
Community established
homes built 1984-1988, median 1987 (FL DOR 2025)
0
Failed listings · 2022
peaked at 1 in 2018
1,840sqft
Median sold home size
12-mo windows, closed sales
4.4%/yr
Turnover rate
about 4 of 91 homes trade a year
Built fromLive Stellar MLS data11 years of closingsFL DOR public recordsUpdated twice daily
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Price in Watermill Sec 04 is driven by a compact, consistent housing stock: homes built in the mid-to-late 1980s, with a median living area of roughly 1,678 square feet. The median sits at $410,000, or about $235 per square foot. With homes this close in age and size, condition and updates do most of the work separating one sale from the next.

The current posture is worth reading carefully. Median days on market is 22 — quick — yet the year-over-year median is down 19.6%. That combination says buyers are transacting, but sellers no longer set the terms. If you are selling, price to today's market, not last year's. If you are buying, move decisively but negotiate on condition.

Watermill Sec 04 Housing Pulse · Momentum Research · as of July 13, 2026

Watermill Sec 04 right now

🔴 Off the recent peak. The trailing-12-month median ($410K) is down 19.6% from the prior 12 months ($510K). With about 2 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 13. Confidence: Low (4 and 4 sales in the two windows).

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

Updated July 13, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

Watermill Sec 04 Housing Pulse · Momentum Research · as of July 13, 2026

Watermill Sec 04 right now

🔴 Off the recent peak. The trailing-12-month median ($410K) is down 19.6% from the prior 12 months ($510K). With about 2 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 13. Confidence: Low (4 and 4 sales in the two windows).

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

Updated July 13, 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

Watermill Sec 04 market snapshot (as of July 13, 2026): the median sale price is about $410K ($235 per sq ft over the trailing 12 months of closed sales), and a median 22 days on market for closed sales. The trailing-12-month median is down 20% from the prior 12 months, computed from record-level Stellar MLS closed sales (4 closings in the current window).

Watermill Sec 04 is a community of 91 homes in Orlando, Orange County, built between 1984 and 1988 (median 1987), with a median living area of about 1,678 square feet. 79% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Watermill Sec 04 is a small, established Orlando pocket in Orange County — 91 homes, tightly clustered in build era and footprint, with most owner-occupied under homestead.

Best for

  • Buyers targeting the mid-$400s and comfortable owning a mid-1980s home
  • Renovation-minded buyers who can price the gap between original and updated condition
  • Long-term owner-occupants who value a settled, homestead-heavy pocket

Probably not for

  • Buyers who want new or near-new construction
  • Sellers unwilling to price to a market down year over year
  • Investors needing high turnover and deep comparable data

Median sale price over the trailing 12 months ending July 13 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($410K) IS the median in the snapshot above, and the move from 2025 ($510K) IS the -19.6% one-year change.

Windows contain 0 to 4 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.

Homes sold per 12-mo window
024201620182020202220242026
0 to 4 a year; 4 in the current window.

If we were buying in Watermill Sec 04 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 Watermill Sec 04.

Best Buy
Buyers who want an established 1980s Orlando home and know how to value condition.
Biggest Risk
The median is down 19.6% year over year, so timing and pricing discipline matter.
Sweet Spot
An updated home priced honestly against recent, thin comps.
Avoid If
You need new construction or expect last year's pricing.

A homogeneous stock in a resetting market

The homes here were built between 1984 and 1988, with a median year built of 1987. That uniformity is useful: comparables are genuinely comparable, so the spread in outcomes comes from renovation, mechanicals, and finish level rather than wildly different house types. Buyers who understand what an updated 1980s home should cost versus an original one will find real leverage.

The homestead share is roughly 79%, which points to a stock held largely by owner-occupants rather than churned by short-term flips. Turnover is thin — the closings window here is narrow — so any single sale carries weight in the comps. Read recent activity closely rather than leaning on averages.

The location and the amenities are priced into every listing in Watermill Sec 04. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.0C+ · Buy Score
Recent Direction1.1/10
Owner Commitment7.9/10
Pricing Power9.0/10

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 3 factors (6.0). Basis: Recent Direction -19.6% year-over-year; Owner Commitment 79% owner-occupied; Pricing Power 98.5% sale-to-list. Refreshed with each data update.

Why work with Momentum here

In a market where the median is off 19.6% year over year but homes still move in about 22 days, pricing and condition assessment are everything. We help sellers position against today's comps instead of last year's, and we help buyers separate a truly updated 1987 home from a cosmetically dressed one — the difference that actually moves price in a stock this uniform.

Watermill Sec 04 in 15 seconds.

Best forBuyers who want an established 1980s Orlando home and know how to value condition.
Biggest advantageA uniform housing stock makes comparables clean and negotiation grounded.
Biggest riskThe median is down 19.6% year over year, so timing and pricing discipline matter.
Sweet spotAn updated home priced honestly against recent, thin comps.
Avoid ifYou need new construction or expect last year's pricing.

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 Watermill Sec 04 sales matched to your home.

What is your Watermill Sec 04 home worth?

Get a no-obligation home value based on real comparable sales in Watermill Sec 04, 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 Watermill Sec 04?
The median sale price in Watermill Sec 04 was $410K over the 12 months ending July 13, 2026 (4 closed sales, Stellar MLS).
How long do homes in Watermill Sec 04 take to sell?
Homes that closed in the 12 months ending July 13, 2026 took a median 22 days on market (4 sales, Stellar MLS).
How many homes are in Watermill Sec 04?
The Florida DOR 2025 assessment roll shows 91 homes in Watermill Sec 04 (public records).
What share of Watermill Sec 04 is owner-occupied?
79% of Watermill Sec 04 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Watermill Sec 04 built?
Homes in Watermill Sec 04 were built between 1984 and 1988, with a median year built of 1987 (FL DOR 2025 roll).
Do cash buyers compete in Watermill Sec 04?
Cash buyers took 50% of Watermill Sec 04 sales in the 12 months ending June 2026 (2 of 4 closings, Stellar MLS).
Who is the best real estate agent for Watermill Sec 04?
The best agent for Watermill Sec 04 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 Watermill Sec 04.
How do I find a top Orlando real estate agent who knows Watermill Sec 04?
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 Watermill Sec 04 and the wider Orlando area.
Can Momentum Realty connect me with an agent for Watermill Sec 04?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Watermill Sec 04 purchase or sale - no call center and no pressure.
Buyers targeting the mid-$400s and comfortable owning a mid-1980s homeExcellent fit
Renovation-minded buyers who can price the gap between original and updated conditionExcellent fit
Long-term owner-occupants who value a settled, homestead-heavy pocketExcellent fit
Buyers who want new or near-new constructionProbably not
Sellers unwilling to price to a market down year over yearProbably not
Investors needing high turnover and deep comparable dataProbably 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 (5 streets, ZIP 32817))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (23 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.

Windows contain 0 to 4 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.

Homes sold per 12-mo window
024201620182020202220242026
0 to 4 a year; 4 in the current window.

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 (5 streets, ZIP 32817))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2015 (23 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 your area comps.

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