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
City | Median Est. Value | City | Median 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 |
Housing Market Summary for Lake County, FL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $350K | $342.5K | -2.14% |
Median Sold Price | $361.9K | $342.5K | -5.35% |
Homes For Sale | 941 | 1,041 | 10.63% |
Homes Sold | 4,708 | 5,091 | 8.14% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake County, FL
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.
- Pre-ForeclosurePre-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 OwnedThe 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.
- AuctionsClermont 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.
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More Real Estate Resources for Lake County, FL
Guide for Lake County, FL
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’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.
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