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Fixer Upper Homes in Lake Mary, FL

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Lake Mary, FL Foreclosures

How much do homes sell for in Lake Mary, FL?
The average home price is currently $560,878.
In Lake Mary, FL, how many homes are available?
There are currently 131 active home listings available in Lake Mary.
What’s the average rental cost in Lake Mary, FL?
The average rental price in Lake Mary is $1,979.
What is the most expensive home in Lake Mary?
The most expensive home sold in Lake Mary had a price of $150,862,936.
What is currently the cheapest priced home in Lake Mary, FL?
The cheapest home for sale in Lake Mary is priced at $49,278.

Living in Lake Mary, FL

Lake Mary, Florida is a charming suburban area that features a blend of residential, commercial, and recreational spaces. Known for its excellent schools and family-centric amenities, it offers a peaceful lifestyle combined with the convenience of modern living. The scenic parks and easy access to nearby attractions enhance the overall quality of life for its residents.

Current Market Conditions in Lake Mary, FL

The real estate market in Lake Mary continues to show strong performance, with an increasing demand for single-family homes and townhouses. New developments and renovations of existing properties have contributed to an uptick in home values, reflected in both median prices and overall sales volume.

Potential buyers are attracted to Lake Mary's reputation for quality residential life, reputable schools, and pleasant climate. The market also appeals to investors due to the city's steady job growth and proximity to major employment centers.

Home Value Estimator For Lake Mary, FL

There are currently 14,457 real estate properties in Lake Mary, FL, with a median automated valuation model (AVM) price of $443,640.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Mary, FL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Mary, FL, is $560,878.00, with the most expensive house in Lake Mary, FL, topping out at $150,862,936.00 and the cheapest home in Lake Mary, FL, clocking in at $49,278.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Mary, FL!

Rent Prices In Lake Mary, FL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Mary, FL, is on a rollercoaster ride. The average rent price in Lake Mary, FL, is $1,979.00. Indeed, when looking to rent in Lake Mary, FL, you can expect to pay as little as $900.00 or as much as $5,100.00, with the average rent median estimated to be $1,760.00. The good news is that finding an affordable and desirable property to rent in Lake Mary, FL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Mary, FL Fixer Upper Homes

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