Naval Air Station Richmond Headquarters Building · Photo: Ebyabe · CC BY-SA 3.0146 homes sold in Three Lakes in the last year, at a typical $539K
Houses and condos split the market almost evenly. 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 Three Lakes homes are listed.
Every place Three Lakes 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 Three Lakes.
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.
Houses are 58% of Three Lakes’ sales, at a typical $628K
146 homes sold in the year to May 2026.
typical sale · 85 sold in 12 months
- Per square foot
- $336FL $245
- Days to sell
- 100
- Sold over asking
- 9%
- Listings with a price cut
- 24%
Townhouses: 58 sold, typical $509K
Condos: 3 sold, typical $330K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at twice the 2016 price
146 sales in the last year, against 282 in 2017 and a low of 128 in 2025. The typical sale went from $274K in 2016 to $539K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Three Lakes
Check a listing against what Three Lakes 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 Three Lakes are back to pre-pandemic levels, with about as many homes for sale
We read every month of Three Lakes’ 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 May 2026, 146 sales.
If you’re buying in Three Lakes
- Shop in April. It brings about 23 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Some room to negotiate. 23% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 97.1% of the list price on average; 8% paid over.
- You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 87 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 25 a month), but August is the most competitive: 19% of August sales close over asking. March and April offer nearly as much choice with fewer homes bid up (19%). April has the least competition (14%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Florida as a whole
| Three Lakes now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 8% | 10% | 35% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 15% | 23% | 51% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 22% | 8% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 97.1% | 97.2% | 98.9% | 96.3% |
| Days to sellMedian days from listing to contract | 87 | 45 | 38 | 76 |
57 homes for sale on a typical day
That’s 2.2 times the 2023 low (26), about the 2017–19 level and well under 2015’s 94.
1 in 4 listings has cut its price
23% in the last year, against 22% in 2017–19 and 28% across Florida.
Three Lakes ranks 305th of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Three Lakes is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Three Lakes home costs about $3,205 a month
Price: Three Lakes’ typical sale, last 12 months. Property tax at Three Lakes’ 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 Three Lakes is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 14.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $539K home, about $4,720 a year.
Taxes vs. neighborsSchools
The schools grade for Three Lakes, from test results, graduation and how much students grow.
Schools in Three LakesTypical commute
The average one-way trip to work for people who live in Three Lakes.
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 Three Lakes, 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 | |
|---|---|---|---|---|---|
| Richmond West | 258 | $618K | $362 | 13% | 88 |
| The Crossings | 235 | $518K | $354 | 10% | 62 |
| Country Walk | 172 | $627K | $340 | 15% | 81 |
| Three Lakes | 146 | $539K | $322 | 8% | 87 |
| Palmetto Estates | 113 | $580K | $378 | 17% | 65 |
| Richmond Heights | 106 | $495K | $371 | 13% | 57 |
| West Perrine | 85 | $532K | $332 | 11% | 105 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Three Lakes, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Three Lakes. People who follow the town see it, and so do people comparing Three Lakes with their own town. No commission, no listing fee.
Questions about buying a home in Three Lakes
What do homes sell for in Three Lakes, FL?
146 homes sold in the year to May 2026 at a typical $539K, $322 a square foot.
Is Three Lakes a buyer’s or seller’s market?
A seller’s market: 44 homes were for sale in May 2026 and 15 sold, about 2.9 months of supply. Buyers paid 97.1% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Three Lakes?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Three Lakes?
About 0.9% of a home’s value a year. On a $539K home that’s near $4,720.
Where can I see homes for sale in Three Lakes?
Zillow, Redfin, Realtor.com and Homes.com all carry Three Lakes’ MLS listings; the search links above open each one filtered to Three Lakes.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).