Waverly/Lake Eola
Condos for Sale in Orlando, FL

Waverly/Lake Eola market snapshot (as of September 20, 2026): the median sale price is about $370K ($322 per sq ft over the trailing 12 months of closed sales), a median 87 days on market for closed sales, and 20.0 months of supply, a buyer-leaning market. The trailing-12-month median is up 23% from the prior 12 months, computed from record-level Stellar MLS closed sales (6 closings in the current window).

In ZIP 32801 (Orlando), 22 homes closed in the last 12 months at a median of $195K ($186/sq ft), down 7.8% year over year, with a median 47 days on market. Right now 15 active and 3 pending listings put supply at about 8.2 months — a buyer's market. See the live ZIP 32801 housing market and the Orange County market.

Stellar MLS sales records identify 35 homes in Waverly/Lake Eola that have changed hands since 2018, built between 2001 and 2001 (median 2001), with a median living area of about 1,160 sq ft and a typical 2-bedroom, 2-bath layout; 100% are condominiums. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

This is a walkable downtown Orlando pocket anchored by Lake Eola, built largely around condos and attached homes where per-square-foot cost reflects the address more than the acreage. Current conditions lean toward buyers, with softer pricing and longer marketing times than a year ago.

• Lake Como Elem · Elementary
• Lake Como School K-8 · Middle
• Edgewater High · High

Zoned schools reflect the assignments reported on recent Waverly/Lake Eola 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 Waverly/Lake Eola address.

The numbers here move together: a $300,000 median, about $307 per square foot, an 81-day median time on market, and a heat score of 25 all point to a buyer's market where nothing sells itself. The year-over-year change of -9.1% confirms that pricing has drifted down, not up. If you are selling, assume you are competing on condition and price against a slower clock.

One important caveat: the closing window shows just 9 recent sales. That is a thin base for drawing firm conclusions, and it means individual units — a renovated floor plan, a premium view, an atypical layout — can swing the median. Use the median as an anchor, then underwrite each specific unit on its own merits rather than assuming the average applies to it.

In a cool market with thin closing volume, the right price and the right read on a specific unit matter more than any headline number. We work the individual comps, the condition, the view, and the days-on-market reality so buyers negotiate from evidence and sellers price to actually move rather than to sit.