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Versailles home in Lake Butler SoundPhoto: 350z33 · CC BY-SA 3.0
Housing in Lake Butler

668 homes sold in Lake Butler in the last year, at a typical $804K

Redfin reports Lake Butler’s sales by ZIP code, so these figures are for ZIP 34786, which takes in Lake Butler and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Butler homes are listed.

Homes for sale in Lake ButlerZillowRealtor.comMore places to look ↓
Homes sold
668
ZIP 34786 · October 2025 to September 2026
Typical sale price
$804K
houses $965K · condos $312K (year to May 2026)
Price per square foot
$288
Florida $243
Paid vs. asking
96.4%
7% sold over asking
For sale now
273
September 2026 · 57 sold that month
What sold · last 12 months · ZIP 34786

4% of Lake Butler’s sales are condos, at $652K less than a house

527 houses and 29 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$965K

typical sale · 527 sold in the year to May 2026

Per square foot
$301FL $245
Days to sell
54
Sold over asking
7%
Condos$312K

typical sale · 29 sold in the year to May 2026

Per square foot
$214FL $262
Days to sell
61
Sold over asking
1%
14 years of sales

Fewer homes sell than before 2022, at 2.2 times the 2016 price

668 sales in the last year, against 1,333 in 2021 and a low of 626 in 2024. The typical sale went from $370K in 2016 to $804K.

Homes soldTypical sale price
033767510121350$375K$550K$725K$900K2012: 649 sold, typical $323K’122013: 823 sold, typical $381K2014: 874 sold, typical $359K’142015: 966 sold, typical $364K2016: 980 sold, typical $370K’162017: 1090 sold, typical $372K2018: 1110 sold, typical $403K’182019: 1051 sold, typical $426K2020: 985 sold, typical $456K’202021: 1333 sold, typical $551K2022: 819 sold, typical $669K’222023: 689 sold, typical $773K2024: 626 sold, typical $804K’242025: 654 sold, typical $850KLast 12 months: 668 sold, typical $804KNow

Source: Redfin Data Center, MLS sales; for ZIP 34786, which takes in Lake Butler and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $800K buys in Lake Butler

Houseat $301 a sq ft, year to May 2026
Condoat $214 a sq ft, year to May 2026
The same money in Floridaat $245 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lake Butler homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lake Butler are back to pre-pandemic levels, but 40% fewer homes come up for sale

We read every month of home sales in ZIP 34786 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 668 sales.

If you’re buying in Lake Butler

  • Shop in March. It brings about 105 new listings a month, close to the busiest month, with fewer bidding wars (12% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 7% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 53 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 116 a month), and the most competition: 16% close over asking. March and April offer nearly as much choice with fewer homes bid up (12%). December has the least competition (12%).

New listings a monthShare sold over asking
03060901207%13%20%Sweet spotJan: 76 new listings a month, 12% sold over asking, 60 days to sellJFeb: 86 new listings a month, 12% sold over asking, 64 days to sellFMar: 105 new listings a month, 12% sold over asking, 62 days to sellMApr: 112 new listings a month, 14% sold over asking, 55 days to sellAMay: 116 new listings a month, 15% sold over asking, 42 days to sellMJun: 116 new listings a month, 16% sold over asking, 41 days to sellJJul: 114 new listings a month, 15% sold over asking, 40 days to sellJAug: 107 new listings a month, 14% sold over asking, 44 days to sellASep: 96 new listings a month, 13% sold over asking, 45 days to sellSOct: 90 new listings a month, 12% sold over asking, 49 days to sellONov: 82 new listings a month, 12% sold over asking, 51 days to sellNDec: 74 new listings a month, 12% sold over asking, 54 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Florida as a whole

Lake Butler now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price7%7%29%9%
Gone within two weeksShare of homes under contract within 14 days30%27%59%21%
Price paid vs. askingAverage sale price ÷ list price96.4%96.8%98.9%96.4%
Days to sellMedian days from listing to contract53581975
Supply

234 homes for sale on a typical day

That’s 2.2 times the 2021 low (107), 40% fewer than in 2017–19 and well under 2016’s 543.

2012: 396 for sale’122013: 375 for sale2014: 432 for sale2015: 510 for sale’152016: 543 for sale2017: 441 for sale2018: 394 for sale’182019: 335 for sale2020: 281 for sale2021: 107 for sale’212022: 133 for sale2023: 132 for sale2024: 213 for sale’242025: 245 for saleLast 12 months: 234 for saleNow
Prices by type

Since 2019, houses are up 91%, condos 52%

A house typically sold for $965K in the year to May 2026 (527 sales), a condo for $312K (29).

$350K$600K$850K$1.1M2013201520172019202120232025NowHouses 2013: $451K, 677 salesHouses 2014: $460K, 687 salesHouses 2015: $427K, 765 salesHouses 2016: $428K, 797 salesHouses 2017: $443K, 846 salesHouses 2018: $464K, 893 salesHouses 2019: $505K, 832 salesHouses 2020: $538K, 787 salesHouses 2021: $658K, 1042 salesHouses 2022: $799K, 654 salesHouses 2023: $941K, 547 salesHouses 2024: $986K, 495 salesHouses 2025: $1M, 533 salesHouses last 12 months: $965K, 527 salesHouses $965KCondos 2013: $144K, 21 salesCondos 2014: $156K, 32 salesCondos 2015: $165K, 42 salesCondos 2016: $178K, 27 salesCondos 2017: $188K, 40 salesCondos 2018: $196K, 32 salesCondos 2019: $205K, 39 salesCondos 2020: $214K, 21 salesCondos 2021: $249K, 51 salesCondos 2022: $322K, 33 salesCondos 2023: $365K, 22 salesCondos 2024: $346K, 37 salesCondos 2025: $317K, 31 salesCondos last 12 months: $312K, 29 salesCondos $312K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 34786, which takes in Lake Butler and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lake Butler home costs about $4,787 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Butler’s typical sale, last 12 months. Property tax at Lake Butler’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Butler is affordable on local pay is on Cost of living.

Before you buy in Lake Butler

Six things worth knowing

116

New listings in June

The month with the most choice. December has the fewest, about 74.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $804K home, about $7,100 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Lake Butler, from test results, graduation and how much students grow.

Schools in Lake Butler
28 min

Typical commute

The average one-way trip to work for people who live in Lake Butler.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Winter Garden and Horizon West sell for less a square foot; Windermere for far more

The busier markets within 25 miles of Lake Butler, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Horizon West1,463$580K$2548%54
Lake Butler (ZIP 34786)668$804K$2887%53
Winter Garden612$615K$24810%41
Doctor Phillips186$569K$2885%42
Bay Hill90$1.1M$3439%83
Windermere64$1.2M$4167%56
Gotha26$951K$2888%61

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Butler, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Butler. People who follow the town see it, and so do people comparing Lake Butler with their own town. No commission, no listing fee.

Questions about buying a home in Lake Butler

What do homes sell for in Lake Butler, FL?

668 homes sold in the year to September 2026 at a typical $804K, $288 a square foot. Houses sold for about $965K, condos for about $312K in the year to May 2026.

Is Lake Butler a buyer’s or seller’s market?

A balanced market: 273 homes were for sale in September 2026 and 57 sold, about 4.8 months of supply. Buyers paid 96.4% of asking on average.

When is the best time to buy in Lake Butler?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lake Butler?

About 0.9% of a home’s value a year. On a $804K home that’s near $7,100.

Where can I see homes for sale in Lake Butler?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Butler’s MLS listings; the search links above open each one filtered to Lake Butler.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 34786, which takes in Lake Butler and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).