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Lake Mary, FL Real Estate & Property Data

Lake Mary Real Estate Market Trends

Last Updated: April 28, 2024

To gain insights into Lake Mary, FL’s real estate market, it is crucial to have accurate and comprehensive real estate data. ATTOM updates Lake Mary real estate data on a daily basis, providing you with the most current information. As per the latest market trends, 711 residential properties have been sold in Lake Mary, FL over the past year, with a median home price of $620,000. Additionally, 48.01% of homes in Lake Mary are equity rich, while 0.49% of homes are seriously underwater. There have been 7 foreclosure filings in the area year-to-date. To obtain detailed information on properties in Lake Mary, Florida, you can rely on ATTOM, your go-to source for Lake Mary property reports and real estate data.

Lake Mary Real Estate Market Trends

Get property data for any address in Lake Mary, FL or the country:

Total Residential Properties 14,986

Total Commercial Properties 684

Avg. Home Age (Single Family Home) 29 Years

Avg. Square Feet (Single Family Home) 2,322

Total 2024 Residential Sales (year-to-date) 94

% of Homes Seriously Underwater (Q2 2024) 0.49%

Total 2023 Residential Sales 647

% of Equity Rich Homes (Q2 2024) 48.01%

Effective 2023 Property Tax 0.76%

Total Foreclosure Filings (year-to-date) 12

Lake Mary, FL Real Estate Overview

Lake Mary, FL saw 711 residential properties being sold in the past year, with a median home value of $473,230. The city of Lake Mary has a total of 14,986 residential properties, spread across 661 streets and 1 zip codes.

Median Sales Price i

$620,000

(Feb 2024)

+11.7%

year-over-year

y-o-y

February '24 Feb '24 $620,000
January '24 Jan '24 $520,000
December '23 Dec '23 $425,000
November '23 Nov '23 $493,387
October '23 Oct '23 $525,000
September '23 Sep '23 $520,000
August '23 Aug '23 $504,000
July '23 Jul '23 $515,000
June '23 Jun '23 $470,000
May '23 May '23 $480,000
April '23 Apr '23 $514,000
March '23 Mar '23 $489,000

Median Down Payment i

$97,000

(Feb 2024)

-37.9%

year-over-year

y-o-y

February '24 Feb '24 $97,000
January '24 Jan '24 $100,400
December '23 Dec '23 $95,000
November '23 Nov '23 $101,387
October '23 Oct '23 $81,300
September '23 Sep '23 $104,000
August '23 Aug '23 $100,890
July '23 Jul '23 $105,000
June '23 Jun '23 $67,000
May '23 May '23 $90,000
April '23 Apr '23 $92,000
March '23 Mar '23 $58,123

Number of Homes Sold i

46

(Feb 2024)

+21.1%

year-over-year

y-o-y

February '24 Feb '24 46
January '24 Jan '24 48
December '23 Dec '23 38
November '23 Nov '23 52
October '23 Oct '23 46
September '23 Sep '23 50
August '23 Aug '23 69
July '23 Jul '23 58
June '23 Jun '23 80
May '23 May '23 85
April '23 Apr '23 37
March '23 Mar '23 64

Number of Purchase Loans i

28

(Feb 2024)

+27.3%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 35
December '23 Dec '23 31
November '23 Nov '23 32
October '23 Oct '23 29
September '23 Sep '23 32
August '23 Aug '23 49
July '23 Jul '23 35
June '23 Jun '23 54
May '23 May '23 52
April '23 Apr '23 22
March '23 Mar '23 46

Number of REFI Loans i

15

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 14
December '23 Dec '23 14
November '23 Nov '23 14
October '23 Oct '23 13
September '23 Sep '23 19
August '23 Aug '23 21
July '23 Jul '23 23
June '23 Jun '23 21
May '23 May '23 27
April '23 Apr '23 15
March '23 Mar '23 21

Number of HELOC Loans i

15

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 15
January '24 Jan '24 18
December '23 Dec '23 14
November '23 Nov '23 22
October '23 Oct '23 13
September '23 Sep '23 22
August '23 Aug '23 17
July '23 Jul '23 12
June '23 Jun '23 14
May '23 May '23 21
April '23 Apr '23 23
March '23 Mar '23 25

Lake Mary, FL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

32746
$473,230 $203.8/sqft

Lake Mary, FL Foreclosure Activity

There were a total of 7 Lake Mary, FL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

7

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 5
December '23 Dec '23 5
November '23 Nov '23 3
October '23 Oct '23 4
September '23 Sep '23 11
August '23 Aug '23 4
July '23 Jul '23 3
June '23 Jun '23 10
May '23 May '23 8
April '23 Apr '23 2
March '23 Mar '23 9

Foreclosure Starts i

5

(Feb 2024)

+400%

year-over-year

y-o-y

February '24 Feb '24 5
January '24 Jan '24 4
December '23 Dec '23 4
November '23 Nov '23 2
October '23 Oct '23 4
September '23 Sep '23 7
August '23 Aug '23 4
July '23 Jul '23 3
June '23 Jun '23 8
May '23 May '23 4
April '23 Apr '23 2
March '23 Mar '23 7

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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