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Featured local agent — Lake Alfred, FL
Sarah Mitchell
Compass Real Estate · Lake Alfred, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Alfred, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$370,000median sale price
How is the Lake Alfred, FL housing market right now?
The median home sale price in Lake Alfred, FL is $370,000, up 12.6% year-over-year. Homes sell in an average of 173 days with 78 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lake Alfred a buyer's or seller's market?
Lake Alfred, FL is currently a leaning buyer's, based on 4.1 months of supply and homes selling in about 173 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
173
Average pace
Active listings
78
4.1 months supply
Sale-to-list
98.6%
Below asking
What does the Lake Alfred housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $370,000 |
| Median list price | $328,400 |
| Year-over-year price change | +12.6% |
| Average days on market | 173 days |
| Active inventory | 78 listings |
| Months of supply | 4.1 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $186/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 18 |
| Listings with a price cut | 37.2% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake Alfred by property type?
How the Lake Alfred, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $363,975 | $187/sq ft | 18 | 171 days |
Source: Redfin · Updated monthly
The Lake Alfred housing market is currently classified as a leaning buyer's with a median sale price of $370,000. Prices have risen 12.6% compared to last year, with homes spending an average of 173 days on market, indicating 4.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Lake Alfred
There are currently 78 homes listed for sale in Lake Alfred, Florida. The median listing price is $328K.
Active listings
78
Homes on market
Median list price
$328K
Avg. days on market
173
Days until sale
New this week
18
Newly listed
Who lives in Lake Alfred?
Population
6,803
Median income
$68,854/yr
Median age
38 years
Owner-occupied
75.4%
College grads
25.0%
Avg commute
28.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Lake Alfred?
Zillow home value
$309,652
Zillow rent index
$2,231/mo
Price-to-rent ratio
11.6x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Lake Alfred?
Lake Alfred is a community of approximately 7K residents with a median age of 38 years.The median household income is $68,854, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Alfred offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lake Alfred?
5 schools tracked · 3,529 students
The largest public schools serving Lake Alfred, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
DISCOVERY ACADEMY OF LAKE ALFRED
Grades 6-8 · 911 students
LAKE ALFRED ELEMENTARY SCHOOL
Grades PK-5 · 880 students
DISCOVERY HIGH SCHOOL
Grades 9-12 · 812 students
LAKE ALFRED POLYTECH ACADEMY
Grades 6-8 · 767 students
KAREN M. SIEGEL ACADEMY
Grades PK-12 · 159 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lake Alfred, FL?
Want a head-to-head view? Compare Lake Alfred side-by-side with any other U.S. city using our market-comparison tool.
Is Lake Alfred a good real estate investment market?
For investors evaluating Lake Alfred, the price-to-rent ratio of 11.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 12.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lake Alfred's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lake Alfred's median home price.
Frequently asked questions
What is the average home price in Lake Alfred?
The median home sale price in Lake Alfred is $370,000, up 12.6% from last year.
How long do homes stay on market in Lake Alfred?
Homes typically spend 173 days on market before going under contract.
What is the median income in Lake Alfred?
The median household income is $68,854 per year.
Is Lake Alfred a buyer's or seller's market?
With 4.1 months of supply, Lake Alfred is currently a leaning buyer's.
What is the Zillow home value estimate for Lake Alfred?
The Zillow Home Value Index (ZHVI) for Lake Alfred is $309,652, representing the typical home value in the area.
How much does a single-family home cost in Lake Alfred?
The median single-family home price in Lake Alfred, FL is $363,975 (about $187 per square foot).
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