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Featured local agent — Lakewood Ranch, FL
Sarah Mitchell
Compass Real Estate · Lakewood Ranch, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lakewood Ranch, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$605,000median sale price
How is the Lakewood Ranch, FL housing market right now?
The median home sale price in Lakewood Ranch, FL is $605,000, down 2.4% year-over-year. Homes sell in an average of 56 days with 604 active listings. The market is currently a balanced 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 Lakewood Ranch a buyer's or seller's market?
Lakewood Ranch, FL is currently a balanced market, based on 2.8 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
217
Last 12 weeks
Days on market
56
Average pace
Active listings
604
2.8 months supply
Sale-to-list
97.0%
Below asking
What does the Lakewood Ranch housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $605,000 |
| Median list price | $627,000 |
| Year-over-year price change | -2.4% |
| Average days on market | 56 days |
| Active inventory | 604 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $282/sq ft |
| Homes sold (latest month) | 217 |
| New listings (latest month) | 238 |
| Listings with a price cut | 41.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Lakewood Ranch by property type?
How the Lakewood Ranch, 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 | $680,000 | $303/sq ft | 179 | 54 days |
| Condo / Co-op | $322,495 | $246/sq ft | 22 | 166 days |
| Townhouse | $332,500 | $191/sq ft | 16 | 65 days |
Source: Redfin · Updated monthly
The Lakewood Ranch housing market is currently classified as a balanced market with a median sale price of $605,000. Prices have fallen 2.4% compared to last year, with homes spending an average of 56 days on market, indicating 2.8 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 4.8x provides context for how home values compare to local earning capacity.
Homes for sale in Lakewood Ranch
There are currently 604 homes listed for sale in Lakewood Ranch, Florida. The median listing price is $627K.
Active listings
604
Homes on market
Median list price
$627K
Avg. days on market
56
Days until sale
New this week
238
Newly listed
Who lives in Lakewood Ranch?
Population
39,434
Median income
$123,471/yr
Median age
52.5 years
Owner-occupied
81.8%
College grads
59.1%
Avg commute
27.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Lakewood Ranch?
Zillow home value
$587,150
Zillow rent index
$2,426/mo
Price-to-rent ratio
20.2x
Price-to-income
4.8x
Source: Zillow Research
What is it like to live in Lakewood Ranch?
Lakewood Ranch is a community of approximately 39K residents with a median age of 52.5 years.The median household income is $123,471, which reflects a relatively affluent area with strong earning potential. 59.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 81.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lakewood Ranch offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lakewood Ranch?
2 schools tracked · 1,423 students
The largest public schools serving Lakewood Ranch, 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.
ROBERT WILLIS ELEMENTARY SCHOOL
Grades PK-5 · 764 students
GILBERT W MCNEAL ELEMENTARY SCHOOL
Grades PK-5 · 659 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 Lakewood Ranch, FL?
Want a head-to-head view? Compare Lakewood Ranch side-by-side with any other U.S. city using our market-comparison tool.
Is Lakewood Ranch a good real estate investment market?
For investors evaluating Lakewood Ranch, the price-to-rent ratio of 20.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Lakewood Ranch's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Lakewood Ranch's median home price.
Frequently asked questions
What is the average home price in Lakewood Ranch?
The median home sale price in Lakewood Ranch is $605,000, down 2.4% from last year.
How long do homes stay on market in Lakewood Ranch?
Homes typically spend 56 days on market before going under contract.
What is the median income in Lakewood Ranch?
The median household income is $123,471 per year.
Is Lakewood Ranch a buyer's or seller's market?
With 2.8 months of supply, Lakewood Ranch is currently a balanced market.
What is the Zillow home value estimate for Lakewood Ranch?
The Zillow Home Value Index (ZHVI) for Lakewood Ranch is $587,150, representing the typical home value in the area.
What is the median condo price in Lakewood Ranch?
The median condo/co-op sale price in Lakewood Ranch, FL is $322,495, compared to $680,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lakewood Ranch?
The median single-family home price in Lakewood Ranch, FL is $680,000 (about $303 per square foot).
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