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Housing in Lake Mary

200 homes sold in Lake Mary in the last year, at a typical $510K

About one sale in 3 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 Mary homes are listed.

Homes sold
200
October 2025 to September 2026
Typical sale price
$510K
median, weighted by sales
Price per square foot
$240
Florida $243
Paid vs. asking
97.1%
9% sold over asking
For sale now
86
September 2026 · 20 sold that month
What sold · last 12 months

Houses are 70% of Lake Mary’s sales, at a typical $610K (year to May 2026)

200 homes sold in the year to September 2026.

Houses$610K

typical sale · 137 sold in the year to May 2026

Per square foot
$255FL $245
Days to sell
41
Sold over asking
12%
Listings with a price cut
34%
Fewer sales

Townhouses: 52 sold, typical $405K
Condos: 6 sold, typical $263K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

200 sales in the last year, against 424 in 2021 and a low of 219 in 2023. The typical sale went from $278K in 2016 to $510K.

Homes soldTypical sale price
0112225337450$225K$350K$475K$600K2012: 242 sold, typical $203K’122013: 291 sold, typical $249K2014: 279 sold, typical $269K’142015: 363 sold, typical $273K2016: 398 sold, typical $278K’162017: 384 sold, typical $305K2018: 348 sold, typical $331K’182019: 420 sold, typical $348K2020: 379 sold, typical $341K’202021: 424 sold, typical $395K2022: 305 sold, typical $473K’222023: 219 sold, typical $475K2024: 249 sold, typical $487K’242025: 221 sold, typical $498KLast 12 months: 200 sold, typical $510KNow

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 your budget buys

What $500K buys in Lake Mary

Houseat $255 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 Mary 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 Mary are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of Lake Mary’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, 200 sales.

If you’re buying in Lake Mary

  • Shop in February. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (13% over asking).
  • Offer under asking. Buyers paid 97.1% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 47 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 40 a month), but June is the most competitive: 20% of June sales close over asking. February and March offer nearly as much choice with fewer homes bid up (13%). November has the least competition (10%).

New listings a monthShare sold over asking
0102030407%13%20%Sweet spotJan: 29 new listings a month, 15% sold over asking, 63 days to sellJFeb: 33 new listings a month, 13% sold over asking, 57 days to sellFMar: 38 new listings a month, 15% sold over asking, 44 days to sellMApr: 37 new listings a month, 18% sold over asking, 30 days to sellAMay: 40 new listings a month, 17% sold over asking, 31 days to sellMJun: 39 new listings a month, 20% sold over asking, 34 days to sellJJul: 35 new listings a month, 15% sold over asking, 25 days to sellJAug: 34 new listings a month, 15% sold over asking, 35 days to sellASep: 26 new listings a month, 16% sold over asking, 41 days to sellSOct: 30 new listings a month, 12% sold over asking, 42 days to sellONov: 27 new listings a month, 10% sold over asking, 48 days to sellNDec: 17 new listings a month, 14% sold over asking, 43 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 Mary now2017–192021 peakFL now
Sold over askingShare of sales that closed above the list price9%10%29%9%
Gone within two weeksShare of homes under contract within 14 days30%34%54%21%
Price paid vs. askingAverage sale price ÷ list price97.1%97.3%99%96.4%
Days to sellMedian days from listing to contract47392175
Supply

64 homes for sale on a typical day

That’s twice the 2022 low (31), 28% fewer than in 2017–19 and well under 2012’s 122.

2012: 122 for sale’122013: 106 for sale2014: 117 for sale2015: 110 for sale’152016: 119 for sale2017: 80 for sale2018: 92 for sale’182019: 98 for sale2020: 77 for sale2021: 34 for sale’212022: 31 for sale2023: 33 for sale2024: 70 for sale’242025: 66 for saleLast 12 months: 64 for saleNow
Prices by type

Since 2019, houses are up 59%, condos 42%

A house typically sold for $610K in the year to May 2026 (137 sales), a condo for $263K (6).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $262K, 233 salesHouses 2014: $295K, 214 salesHouses 2015: $284K, 264 salesHouses 2016: $303K, 291 salesHouses 2017: $323K, 274 salesHouses 2018: $359K, 243 salesHouses 2019: $383K, 311 salesHouses 2020: $371K, 256 salesHouses 2021: $440K, 276 salesHouses 2022: $523K, 205 salesHouses 2023: $514K, 163 salesHouses 2024: $548K, 166 salesHouses 2025: $560K, 152 salesHouses last 12 months: $610K, 137 salesHouses $610KCondos 2013: $133K, 6 salesCondos 2014: $126K, 9 salesCondos 2015: $155K, 9 salesCondos 2016: $144K, 10 salesCondos 2017: $170K, 7 salesCondos 2018: $233K, 10 salesCondos 2019: $186K, 13 salesCondos 2020: $215K, 10 salesCondos 2021: $248K, 10 salesCondos 2022: $304K, 4 salesCondos 2025: $296K, 6 salesCondos last 12 months: $263K, 6 salesCondos $263K

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

Across Florida

Lake Mary ranks 277th 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 Mary is in the middle of the pack.

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.

Rent or buy?

Owning the typical Lake Mary home costs about $2,963 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Mary’s typical sale, last 12 months. Property tax at Lake Mary’s 0.7% (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 Mary is affordable on local pay is on Cost of living.

Before you buy in Lake Mary

Six things worth knowing

40

New listings in May

The month with the most choice. December has the fewest, about 17.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $510K home, about $3,630 a year.

Taxes vs. neighbors
A−

Schools

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

Schools in Lake Mary
25 min

Typical commute

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

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

Sanford, Longwood and Casselberry sell for less a square foot

The busier markets within 25 miles of Lake Mary, 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
Sanford760$339K$20713%49
Winter Springs505$433K$24111%44
Wekiwa Springs356$507K$23912%35
Casselberry274$341K$22316%33
Lake Mary200$510K$2409%47
Longwood197$374K$23016%36
Heathrow135$712K$28513%27

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 Mary, free

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

Questions about buying a home in Lake Mary

What do homes sell for in Lake Mary, FL?

200 homes sold in the year to September 2026 at a typical $510K, $240 a square foot.

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

A balanced market: 86 homes were for sale in September 2026 and 20 sold, about 4.3 months of supply. Buyers paid 97.1% of asking on average.

When is the best time to buy in Lake Mary?

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

How much are property taxes in Lake Mary?

About 0.7% of a home’s value a year. On a $510K home that’s near $3,630.

Where can I see homes for sale in Lake Mary?

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

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).