Lake Mary, FL Home Values & Market Trends

Real estate market trends reflect that there have been 681 transactions over the past year in Lake Mary. The median value for residential home transactions that occurred over the previous year is $461,297.5. The number of current listings in Lake Mary is 87, and the percentage of properties for sale in the city is 87.00%. Lake Mary, FL currently has 135 properties in foreclosure, 0 bank owned properties, 8 properties headed for auction, and 87 properties for sale.

Lake Mary, FL Real Estate Market Overview

ZipMedian Est. Value
32746

$ 501,732

$ 234/sqft

Housing Market Summary for Lake Mary, FL

Mar 2023February 2024Change
Median Listing Price$459.9K$483.4K5.11%
Median Sold Price$470.2K$483.4K2.80%
Homes For Sale618031.15%
Homes Sold465454-2.37%
Price
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Homes For Sale
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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 Mary, FL

Lake Mary home values range from $68,538 to $4,500,000. The median estimated value of a home in Lake Mary is $461,297.5. The median list price of a home is 495,000, and the total count of properties in the city is 14,856.

Foreclosure
There is 1 zips within Lake Mary, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $3,333,472 in 32746 to the lowest value of $173,954 in 32746. Foreclosure homes account for 0.00% of properties in Lake Mary, FL with 32746 containing 135 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.85% of all residential properties in Lake Mary, FL with 32746 containing 127 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Mary, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $3,333,472 in 32746 to the lowest home value of $173,954 in 32746.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lake Mary, FL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lake Mary, FL. There is 1 zips within Lake Mary, FL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    32746 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Mary, FL. Auction homes and other auction properties account for 0.05% of all properties in Lake Mary, FL. There is 1 zips within Lake Mary, FL; of that zips, the median estimated home value for homes going to auction ranges from $1,013,781 in 32746 to the lowest value of $226,870 in 32746.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.59% of residential properties in Lake Mary, FL with 32746 containing 87 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Lake Mary, FL; homes for sale in that zips, have a range of median values from $4,500,000 in 32746 to the lowest value of $132,441 in 32746.
    Sold Homes
    The median value for recently sold homes ranges from $2,111,120 in 32746 to the lowest price of $131,498 in 32746. There is 1 zips within Lake Mary, FL. 32746 has 439 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.96% of properties in Lake Mary, FL.

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      Guide for Lake Mary, FL

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