Lake County, FL Home Values & Market Trends

The median home price in Lake County, FL is $355,959.03. There were 7,711 home sales in Lake County, FL over the past 12 months. The median residential Lake County, FL home value for transactions over the previous year is $322,628.686. The number of current listings in Lake County, FL is 1,037, and the percentage of properties for sale is 1037.00%. The county has 248 foreclosures, 21 bank owned properties, 88 headed for auction, and 1,037 properties for sale.

Lake County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Clermont

$ 434,445

$ 216/sqft

Astor

$ 421,775

$ 356/sqft

Leesburg

$ 315,504

$ 182/sqft

Grand Island

$ 350,000

$ 186/sqft

Mount Dora

$ 398,956

$ 223/sqft

Howey In The Hills

$ 484,266

$ 195/sqft

Lady Lake

$ 398,021

$ 213/sqft

Montverde

$ 672,450

$ 306/sqft

Groveland

$ 389,900

$ 205/sqft

Yalaha

$ 591,929

$ 233/sqft

Eustis

$ 417,277

$ 210/sqft

Astatula

$ 323,196

$ 260/sqft

Tavares

$ 350,544

$ 202/sqft

Altoona

$ 187,255

$ 141/sqft

Fruitland Park

$ 341,104

$ 183/sqft

Paisley

$ 596,273

$ 275/sqft

Umatilla

$ 406,445

$ 216/sqft

Okahumpka

$ 327,625

$ 184/sqft

Sorrento

$ 518,508

$ 196/sqft

Ferndale

$ --

$ --

Mascotte

$ 350,000

$ 207/sqft

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Housing Market Summary for Lake County, FL

Mar 2023February 2024Change
Median Listing Price$350K$342.5K-2.14%
Median Sold Price$361.9K$342.5K-5.35%
Homes For Sale9411,04110.63%
Homes Sold4,7085,0918.14%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lake County, FL

Lake County, FL home values range from $18,794 to $76,762,775. Montverde is the priciest city with a median listing home price of $724,000, and Paisley is most affordable with average house prices of around $150,000.

Foreclosure
There are 21 cities within Lake County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $1,377,779 in Eustis to the lowest value of $99,900 in Eustis. Foreclosure homes account for 0.00% of properties in Lake County, FL with Clermont containing 67 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Lake County, FL with Clermont containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 21 cities within Lake County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,000,000 in Altoona to the lowest home value of $132,725 in Leesburg.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake County, FL ranges from the highest value of $326,437 in Clermont to the lowest value of $140,000 in Leesburg. Bank owned homes and properties account for 0.01% of properties in Lake County, FL. There are 21 cities within Lake County, FL; Leesburg containing 8 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Clermont has 21 auction properties, the highest number of properties going to auction in a single city in the state of Lake County, FL. Auction homes and other auction properties account for 0.06% of all properties in Lake County, FL. There are 21 cities within Lake County, FL; of those cities, the median estimated home value for homes going to auction ranges from $587,042 in Yalaha to the lowest value of $99,900 in Yalaha.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.72% of residential properties in Lake County, FL with Clermont containing 214 homes for sale, the highest number of listed properties in a single city. There are 21 cities within Lake County, FL; homes for sale in those cities, have a range of median values from $995,000 in Montverde to the lowest value of $20,515 in Altoona.
    Sold Homes
    The median value for recently sold homes ranges from $674,674 in Astatula to the lowest price of $28,032 in Astatula. There are 21 cities within Lake County, FL. Clermont has 1094 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.47% of properties in Lake County, FL.

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      Guide for Lake County, FL

      Fix and Flip
      Jacksonville, FL: Real Estate Market Trends 2023
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      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
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      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.

      Miami Real Estate Market Thrives: Property Values and Sales Grow in 2023
      Fix and Flip|posted 8 February 2024

      Miami’s real estate market is on an upward trend, with the average property value and selling price per square foot increasing from 2023 to 2024. The surrounding cities’ markets vary, with some offering more affordable options. The data suggests a healthy investment opportunity, especially in the high-demand for-sale market.

      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.