Lake Lorraine, FL
Housing market overview · Updated weekly
$315,000median sale price
Homes sold
7
Last 12 weeks
Days on market
69
Average pace
Active listings
50
7.1 months supply
Sale-to-list
95.0%
Below asking
The Lake Lorraine housing market is currently classified as a buyer's market with a median sale price of $315,000. Prices have fallen 16.0% compared to last year, with homes spending an average of 69 days on market, indicating 7.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lake Lorraine
There are currently 50 homes listed for sale in Lake Lorraine, Florida. The median listing price is $434K.
Active listings
50
Homes on market
Median list price
$434K
Avg. days on market
69
Days until sale
New this week
17
Newly listed
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Frequently asked questions
What is the average home price in Lake Lorraine?
The median home sale price in Lake Lorraine is $315,000, down 16.0% from last year.
How long do homes stay on market in Lake Lorraine?
Homes typically spend 69 days on market before going under contract.
Is Lake Lorraine a buyer's or seller's market?
With 7.1 months of supply, Lake Lorraine is currently a buyer's market.
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