Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$360,055−2.0% YoY · prices are falling
Market right nowBuyer's marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$78,052About 1.0× the local median income ($76,542): a stretch for a typical household
Days on market79 daysAbout the same pace as a year ago
Next 12 months−0.8%Zillow expects prices to dip slightly
The typical home in Lake County, FL is worth $360,055, down 2.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $352,087, so the area is 2.3% overvalued. It is a buyer's market: homes take about 79 days to sell, listings are up 4% from a year ago, 23% of listings have had a price cut. Zillow expects prices to fall about 0.8% over the next year. A household needs about $78,052 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,542. Typical rent is $1,951 a month, or $2,462 for a house. In the latest IRS figures, 12,855 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$360,055
Change in 1 year
−2.0%
Overvalued %
+2.3%
Show 7 more
Fair home value
$352,087
Change in 5 years
+18.3%
Zillow forecast, next 12 months
−0.8%
Home value to income
4.7×
Monthly mortgage payment (20% down)
$1,951
Income needed to afford it
$78,052
Property tax rate
0.76%
Rent and investing
Typical rent
$1,951
Typical rent for houses
$2,462
Price-to-rent ratio
15.4×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,959
Gross rental yield
6.50%
Cap rate (estimate)
4.23%
Market activity
Listings vs a year ago
+3.5%
Days on market
79
Listings with a price cut
23.4%
Show 3 more
Homes for sale
2,511
Pending sales per 100 listings
37
Asking price per sq ft
$211
People and jobs
Median household income
$76,542
Population change (1 year)
+2.8%
Unemployment rate
5.0%
Show 4 more
Population
456,068
Income adjusted for cost of living
$75,485
Net moves in (IRS)
+12,855
Cost of living (US = 100)
101.4
Schools, risk and environment
School rating (1 to 10)
5.7
FEMA hazard risk score (0 to 100)
91.9
Unhealthy air days a year
1
Show 4 more
Flood risk score
92.3
Wildfire risk score
96.0
Walkability (1 to 20)
7.0
Road, rail and air noise
55 dB
Questions people ask
Is Lake County, FL overvalued?
Home prices in Lake County, FL are slightly above what local incomes have historically supported: fair value is about $352,087, so the area is 2.3% overvalued.
Is Lake County, FL a buyer's or seller's market?
Lake County, FL is a buyer's market: homes take about 79 days to sell, listings are up 4% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Lake County, FL?
Home values in Lake County, FL are down 2.0% over the last year. Zillow's forecast for the next 12 months is −0.8%.
How much do you need to earn to buy a home in Lake County, FL?
A household needs about $78,052 a year to afford the typical home in Lake County, FL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,542.