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Featured local agent — Lake Kerr, FL
Sarah Mitchell
Compass Real Estate · Lake Kerr, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Kerr, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$135,000median sale price
How is the Lake Kerr, FL housing market right now?
The median home sale price in Lake Kerr, FL is $135,000, down 25.5% year-over-year. Homes sell in an average of 216 days with 15 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 Kerr a buyer's or seller's market?
Lake Kerr, FL is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 216 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
216
Average pace
Active listings
15
5.0 months supply
Sale-to-list
96.3%
Below asking
What does the Lake Kerr housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $135,000 |
| Median list price | $257,000 |
| Year-over-year price change | -25.5% |
| Average days on market | 216 days |
| Active inventory | 15 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $132/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 4 |
| Listings with a price cut | 26.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Lake Kerr by property type?
How the Lake Kerr, 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 | $135,000 | $132/sq ft | 3 | 216 days |
| Condo / Co-op | $113,500 | $189/sq ft | 1 | 51 days |
Source: Redfin · Updated monthly
The Lake Kerr housing market is currently classified as a leaning buyer's with a median sale price of $135,000. Prices have fallen 25.5% compared to last year, with homes spending an average of 216 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Lake Kerr
There are currently 15 homes listed for sale in Lake Kerr, Florida. The median listing price is $257K.
Active listings
15
Homes on market
Median list price
$257K
Avg. days on market
216
Days until sale
New this week
4
Newly listed
Who lives in Lake Kerr?
Population
1,767
Median income
$43,472/yr
Median age
61.9 years
Owner-occupied
93.4%
College grads
15.8%
Avg commute
43.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Kerr?
Lake Kerr is a community of approximately 2K residents with a median age of 61.9 years.The median household income is $43,472, which represents a working-class community with solid middle-income opportunities. 15.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 93.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Lake Kerr offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Kerr, FL?
Want a head-to-head view? Compare Lake Kerr side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lake Kerr?
The median home sale price in Lake Kerr is $135,000, down 25.5% from last year.
How long do homes stay on market in Lake Kerr?
Homes typically spend 216 days on market before going under contract.
What is the median income in Lake Kerr?
The median household income is $43,472 per year.
Is Lake Kerr a buyer's or seller's market?
With 5.0 months of supply, Lake Kerr is currently a leaning buyer's.
What is the median condo price in Lake Kerr?
The median condo/co-op sale price in Lake Kerr, FL is $113,500, compared to $135,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Kerr?
The median single-family home price in Lake Kerr, FL is $135,000 (about $132 per square foot).
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