Neighborhood · Orlando, Florida
Palm Lake
Spacious homes minutes from Universal and Dr. Phillips schools
1
Homes for sale
$1,495,000
Median list price
$374
Avg price / sqft
48
Median days on market
Palm Lake sits in the well-regarded southwest corner of Orlando, close enough to Universal Orlando that you can be there in about 12 minutes and still zoned to Palm Lake Elementary, Chain of Lakes Middle, and Dr. Phillips High. Homes here run large — a median around 3,998 square feet — with mature lots and a quieter residential feel than the busier stretches of nearby Metro West. It's the kind of pocket that appeals to buyers who want room to spread out without giving up quick access to the rest of the metro.
The market here is small and priced at the upper end. Right now there's a single active listing at $1,495,000, and over the past year just two homes sold, at a median of $1,117,500 — with sellers collecting 100% of asking on average. That thin inventory means less choice than you'd find across broader Orlando homes for sale or in neighborhoods like College Park and Laureate Park, so serious buyers should be ready to move when the right home lists.
Palm Lake is a community in Orlando, Florida.
Quick facts
$1,495,000 – $1.5M price range
3,998 sqft median home
$242/mo median HOA
2 sold in 12 months
Drive times
On the market now
Homes for sale in Palm Lake
Every active listing inside the Palm Lake boundary
Open full map search →Find your fit
Browse Palm Lake
By feature — on the live map
The numbers that matter
The Palm Lake market
2
Sold, last 12 months
$1,117,500
Median sold price
100%
Sale-to-list ratio
What sellers actually get vs asking
131 days
Median time to sell
Palm Lake vs Orlando
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the Palm Lake boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Palm Lake is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Palm Lake home
≈ $9,230/mo
$1,495,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
$242/mo
Median HOA
From current listings inside the boundary
Population
1,223
Median age
51
Median income
$196,406
Median home value
$714,600
Beyond the listings
Living in Palm Lake
Beliefs
Top 3% in the U.S.Spiritual Practices
Making it to church on Sunday, this population is drawn together by their devotion to, primarily Christian, religion. Common activities include worship services and bible studies.
Active
Top 10% in the U.S.Yoga Advocates
Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.
Food & Drink
Top 10% in the U.S.Ingredient Attentive
These folks are conscious about what they eat. They're looking for ingredients that not only taste great, but also have great nutritional benefits.
Relationships
Top 11% in the U.S.Connected Motherhood
Motherhood is a unique journey for every woman. There are highs, lows,and lots to celebrate. These moms seek to share their experiences and engage with a community of moms.
Appearance oriented
Top 12% in the U.S.All About Hair
Passionate about all things hair, this population is talking about hair tutorials or the hottest celebrity blowout.
Culture
Top 12% in the U.S.Dance Devotion
Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.
People who close here
Our Orlando experts
Straight answers
Palm Lake FAQs
Is Palm Lake a good place to live?+
It's a solid choice for buyers who want space and strong school zoning near southwest Orlando's theme-park corridor. Homes fall within the Palm Lake Elementary, Chain of Lakes Middle, and Dr. Phillips High boundaries, and Universal Orlando is about 12 minutes away with downtown and MCO both around 24 to 28 minutes out.
Is Palm Lake expensive?+
Yes, it sits at the upper end of the Orlando market. The lone active listing is priced at $1,495,000, and the two homes sold in the past year had a median sold price of $1,117,500 — noticeably higher than what you'd find in more mid-priced pockets of Orlando.
What do homes cost in Palm Lake?+
Current pricing runs about $374 per square foot on a median home size near 3,998 square feet. With last year's median sold price at $1,117,500 and the current listing at $1,495,000, expect to be shopping in the seven-figure range for a home here.
How is the Palm Lake housing market?+
It's a small, tight market — just one active listing today and two sales over the past 12 months. Homes have been moving at a median of 48 days on market, and sellers averaged 100% of their asking price, so when something lists it tends to hold its value.
What are the HOA fees and property taxes like?+
The median HOA runs about $242 per month, and the median annual property tax is roughly $10,816, in line with the higher assessed values in the neighborhood. Budget for both when you're weighing a purchase here against nearby communities like Metro West.
Keep exploring
More Orlando neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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