Lake County, FL Home Values & Market Trends

The median home price in Lake County, FL is $372,935.56. There were 7,513 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 $324,021.185. The number of current listings in Lake County, FL is 1,056, and the percentage of properties for sale is 1056.00%. The county has 1,123 foreclosures, 24 bank owned properties, 74 headed for auction, and 1,056 properties for sale.

Lake County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Clermont

$ 448,092

$ 223/sqft

Mascotte

$ 348,668

$ 190/sqft

Leesburg

$ 322,578

$ 183/sqft

Montverde

$ 680,389

$ 264/sqft

Mount Dora

$ 429,000

$ 224/sqft

Howey In The Hills

$ 516,998

$ 224/sqft

Tavares

$ 354,900

$ 206/sqft

Paisley

$ 472,564

$ 223/sqft

Groveland

$ 419,450

$ 212/sqft

Grand Island

$ 370,764

$ 209/sqft

Lady Lake

$ 377,500

$ 223/sqft

Astatula

$ 558,750

$ 233/sqft

Eustis

$ 361,579

$ 212/sqft

Altoona

$ 255,559

$ 192/sqft

Fruitland Park

$ 347,917

$ 180/sqft

Yalaha

$ 657,500

$ 213/sqft

Umatilla

$ 353,337

$ 219/sqft

Okahumpka

$ 334,000

$ 190/sqft

Astor

$ 263,921

$ 246/sqft

Ferndale

$ --

$ --

Sorrento

$ 596,694

$ 224/sqft

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Housing Market Summary for Lake County, FL

Apr 2023March 2024Change
Median Listing Price$350K$344.8K-1.48%
Median Sold Price$360.6K$344.8K-4.39%
Homes For Sale9151,04113.77%
Homes Sold4,6344,6901.21%
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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 $18,902 to $76,958,633. Montverde is the priciest city with a median listing home price of $699,000, and Altoona is most affordable with average house prices of around $175,000.

Foreclosure
There are 21 cities within Lake County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $1,341,539 in Mount Dora to the lowest value of $41,679 in Mount Dora. Foreclosure homes account for 0.00% of properties in Lake County, FL with Clermont containing 292 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.71% of all residential properties in Lake County, FL with Clermont containing 263 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 $1,262,673 in Altoona to the lowest home value of $41,679 in Mount Dora.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake County, FL ranges from the highest value of $393,394 in Eustis to the lowest value of $123,000 in Fruitland Park. Bank owned homes and properties account for 0.02% 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 25 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 0.05% 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 $825,029 in Yalaha to the lowest value of $86,421 in Yalaha.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.73% of residential properties in Lake County, FL with Clermont containing 253 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 $1,599,999 in Sorrento to the lowest value of $22,119 in Altoona.
    Sold Homes
    The median value for recently sold homes ranges from $575,323 in Astatula to the lowest price of $24,682 in Astatula. There are 21 cities within Lake County, FL. Clermont has 1017 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.30% of properties in Lake County, FL.

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      Guide for Lake County, FL

      Market Reports
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip
      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      See More Articles
      Salt Lake City’s Real Estate Market Sees Average Property Values Drop in 2023-24
      Market Reports|posted 29 March 2024

      The Salt Lake City real estate market is experiencing significant shifts, as average property values have dropped citywide. However, neighbourhood trends vary, with West Valley City seeing a slight rise in property values, while others like North Salt Lake show a decline. This fluctuation highlights the importance of localized analysis in real estate investment.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.