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Featured local agent — Lake Magdalene, FL
Sarah Mitchell
Compass Real Estate · Lake Magdalene, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lake Magdalene, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$439,900median sale price
How is the Lake Magdalene, FL housing market right now?
The median home sale price in Lake Magdalene, FL is $439,900, up 1.1% year-over-year. Homes sell in an average of 24 days with 79 active listings. The market is currently a seller's market. (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 Magdalene a buyer's or seller's market?
Lake Magdalene, FL is currently a seller's market, based on 1.9 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
41
Last 12 weeks
Days on market
24
Average pace
Active listings
79
1.9 months supply
Sale-to-list
98.2%
Below asking
What does the Lake Magdalene housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $439,900 |
| Median list price | $439,450 |
| Year-over-year price change | +1.1% |
| Average days on market | 24 days |
| Active inventory | 79 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $263/sq ft |
| Homes sold (latest month) | 41 |
| New listings (latest month) | 40 |
| Listings with a price cut | 43.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lake Magdalene by property type?
How the Lake Magdalene, 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 | $465,000 | $271/sq ft | 33 | 23 days |
| Condo / Co-op | $181,000 | $178/sq ft | 5 | 29 days |
| Townhouse | $237,000 | $179/sq ft | 3 | 21 days |
Source: Redfin · Updated monthly
The Lake Magdalene housing market is currently classified as a seller's market with a median sale price of $439,900. Prices have risen 1.1% compared to last year, with homes spending an average of 24 days on market, indicating 1.9 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 Magdalene
There are currently 79 homes listed for sale in Lake Magdalene, Florida. The median listing price is $439K.
Active listings
79
Homes on market
Median list price
$439K
Avg. days on market
24
Days until sale
New this week
40
Newly listed
Who lives in Lake Magdalene?
Population
31,733
Median income
$75,606/yr
Median age
41.1 years
Owner-occupied
71.8%
College grads
40.0%
Avg commute
28.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Lake Magdalene?
Lake Magdalene is a community of approximately 32K residents with a median age of 41.1 years.The median household income is $75,606, which reflects a relatively affluent area with strong earning potential. 40.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lake Magdalene offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Lake Magdalene, FL?
Want a head-to-head view? Compare Lake Magdalene 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 Magdalene?
The median home sale price in Lake Magdalene is $439,900, up 1.1% from last year.
How long do homes stay on market in Lake Magdalene?
Homes typically spend 24 days on market before going under contract.
What is the median income in Lake Magdalene?
The median household income is $75,606 per year.
Is Lake Magdalene a buyer's or seller's market?
With 1.9 months of supply, Lake Magdalene is currently a seller's market.
What is the median condo price in Lake Magdalene?
The median condo/co-op sale price in Lake Magdalene, FL is $181,000, compared to $465,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lake Magdalene?
The median single-family home price in Lake Magdalene, FL is $465,000 (about $271 per square foot).
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