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Featured local agent — Three Lakes, FL
Sarah Mitchell
Compass Real Estate · Three Lakes, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Three Lakes, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$540,000median sale price
How is the Three Lakes, FL housing market right now?
The median home sale price in Three Lakes, FL is $540,000, up 0.9% year-over-year. Homes sell in an average of 151 days with 44 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 Three Lakes a buyer's or seller's market?
Three Lakes, FL is currently a balanced market, based on 2.9 months of supply and homes selling in about 151 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
151
Average pace
Active listings
44
2.9 months supply
Sale-to-list
96.8%
Below asking
What does the Three Lakes housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $540,000 |
| Median list price | $550,000 |
| Year-over-year price change | +0.9% |
| Average days on market | 151 days |
| Active inventory | 44 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 96.8% |
| Median price per sq ft | $319/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 10 |
| Listings with a price cut | 18.2% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Three Lakes by property type?
How the Three Lakes, 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 | $732,000 | $383/sq ft | 7 | 193 days |
| Condo / Co-op | $310,000 | $326/sq ft | 1 | 4715 days |
| Townhouse | $514,950 | $299/sq ft | 8 | 114 days |
Source: Redfin · Updated monthly
The Three Lakes housing market is currently classified as a balanced market with a median sale price of $540,000. Prices have risen 0.9% compared to last year, with homes spending an average of 151 days on market, indicating 2.9 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 Three Lakes
There are currently 44 homes listed for sale in Three Lakes, Florida. The median listing price is $550K.
Active listings
44
Homes on market
Median list price
$550K
Avg. days on market
151
Days until sale
New this week
10
Newly listed
Who lives in Three Lakes?
Population
16,426
Median income
$91,364/yr
Median age
35.8 years
Owner-occupied
65.9%
College grads
37.4%
Avg commute
31.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Three Lakes?
Three Lakes is a community of approximately 16K residents with a median age of 35.8 years.The median household income is $91,364, which reflects a relatively affluent area with strong earning potential. 37.4% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Three Lakes offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Three Lakes, FL?
Want a head-to-head view? Compare Three Lakes side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Three Lakes?
The median home sale price in Three Lakes is $540,000, up 0.9% from last year.
How long do homes stay on market in Three Lakes?
Homes typically spend 151 days on market before going under contract.
What is the median income in Three Lakes?
The median household income is $91,364 per year.
Is Three Lakes a buyer's or seller's market?
With 2.9 months of supply, Three Lakes is currently a balanced market.
What is the median condo price in Three Lakes?
The median condo/co-op sale price in Three Lakes, FL is $310,000, compared to $732,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Three Lakes?
The median single-family home price in Three Lakes, FL is $732,000 (about $383 per square foot).
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