372 homes sold in Lake Magdalene in the last year, at a typical $447K
About one sale in 5 is a condo. 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 Magdalene homes are listed.
Every place Lake Magdalene homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Magdalene.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
9% of Lake Magdalene’s sales are condos, at $330K less than a house
302 houses and 35 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 302 sold in the year to May 2026
- Per square foot
- $274FL $245
- Days to sell
- 31
- Sold over asking
- 21%
- Listings with a price cut
- 35%
typical sale · 35 sold in the year to May 2026
- Per square foot
- $159FL $262
- Days to sell
- 77
- Sold over asking
- 3%
- Listings with a price cut
- 33%
Townhouses: 38 sold, typical $275K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 2.3 times the 2016 price
372 sales in the last year, against 671 in 2021 and a low of 393 in 2024. The typical sale went from $191K in 2016 to $447K.
Source: Redfin Data Center, MLS sales; from June 2026 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 $450K buys in Lake Magdalene
Check a listing against what Lake Magdalene 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.
Bidding wars in Lake Magdalene are back to pre-pandemic levels, but a quarter fewer homes come up for sale
We read every month of Lake Magdalene’s home sales 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, 372 sales.
If you’re buying in Lake Magdalene
- Shop in February. It brings about 48 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- Offer under asking. Buyers paid 97.3% of the list price on average; 16% paid over.
- You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 37 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 59 a month), but April is the most competitive: 25% of April sales close over asking. February and March offer nearly as much choice with fewer homes bid up (19%). December has the least competition (16%) but only about 33 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Florida
| Lake Magdalene now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 16% | 35% | 9% |
| Gone within two weeksShare of homes under contract within 14 days | 36% | 37% | 60% | 21% |
| Price paid vs. askingAverage sale price ÷ list price | 97.3% | 97.2% | 99.4% | 96.4% |
| Days to sellMedian days from listing to contract | 37 | 32 | 14 | 75 |
108 homes for sale on a typical day
That’s twice the 2021 low (52), 22% fewer than in 2017–19 and well under 2013’s 224.
Since 2019, houses are up 82%, condos 61%
A house typically sold for $501K in the year to May 2026 (302 sales), a condo for $171K (35).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lake Magdalene ranks 82nd of 542 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lake Magdalene is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Magdalene home costs about $2,615 a month
Price: Lake Magdalene’s typical sale, last 12 months. Property tax at Lake Magdalene’s 0.8% (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 Magdalene is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 33.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $447K home, about $3,390 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Magdalene, from test results, graduation and how much students grow.
Schools in Lake MagdaleneTypical commute
The average one-way trip to work for people who live in Lake Magdalene.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Lake Magdalene, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Carrollwood | 501 | $425K | $254 | 17% | 36 |
| Lake Magdalene | 372 | $447K | $257 | 16% | 37 |
| Citrus Park | 320 | $436K | $252 | 16% | 42 |
| Lutz | 293 | $622K | $261 | 13% | 44 |
| Northdale | 267 | $462K | $254 | 16% | 37 |
| Egypt Lake-Leto | 247 | $376K | $254 | 23% | 41 |
| Cheval | 140 | $586K | $254 | 13% | 42 |
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.
Post your home to Lake Magdalene, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Magdalene. People who follow the town see it, and so do people comparing Lake Magdalene with their own town. No commission, no listing fee.
Questions about buying a home in Lake Magdalene
What do homes sell for in Lake Magdalene, FL?
372 homes sold in the year to September 2026 at a typical $447K, $257 a square foot. Houses sold for about $501K, condos for about $171K in the year to May 2026.
Is Lake Magdalene a buyer’s or seller’s market?
A buyer’s market: 150 homes were for sale in September 2026 and 23 sold, about 6.5 months of supply. Buyers paid 97.3% of asking on average.
When is the best time to buy in Lake Magdalene?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Magdalene?
About 0.8% of a home’s value a year. On a $447K home that’s near $3,390.
Where can I see homes for sale in Lake Magdalene?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Magdalene’s MLS listings; the search links above open each one filtered to Lake Magdalene.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 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).