Lake County real estate statistics at a glance
Lake County’s housing market has a clear shape: a large owner-occupied base, steady building activity, rising listing inventory, and price levels that sit around the low-$400,000s for active listings and the mid-$300,000s for owner-occupied value. The numbers also show a county with enough scale to matter, but not so much volatility that the trend lines lose their meaning.
Table of contents
- Fast facts
- Housing supply and tenure
- Home values, rents, and costs
- Building permits and construction trend
- Income, affordability, and burden
- Active listings and pricing
- What the statistics suggest
Fast facts
Big number: Lake County had 198,294 housing units in July 2024 (U.S. Census Bureau QuickFacts: Lake County, Florida).
Ownership is the dominant housing mode: the owner-occupied housing unit rate was 77.6% in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida).
Monthly ownership costs are material: median selected monthly owner costs were $1,814 with a mortgage and $584 without a mortgage in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida).
Rent is also substantial: median gross rent was $1,586 in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida).
Recent market inventory is elevated: active listings reached 2,459 in Apr 2026 and total listings reached 3,484 in Apr 2026 (FRED ACTLISCOU12069; FRED TOTLISCOU12069).
Key takeaways
- Lake County combines a high ownership rate with meaningful rental demand, so both owner and renter economics matter when reading the local market.
- Listing counts in 2026 suggest a market with a visible inventory base rather than extreme scarcity.
- Construction, income, and affordability indicators move together here: as income and home values rise, monthly carrying costs and burden measures become central to the story.
Housing supply and tenure
Lake County’s housing stock is large enough to support a broad range of submarkets, but the balance between owners and renters is what gives the market its structure.
The county reported 198,294 housing units in July 2024 (U.S. Census Bureau QuickFacts: Lake County, Florida). That is the denominator that frames everything else: ownership share, rent levels, permit activity, and listing turnover all sit on top of that stock.
The tenure mix leans heavily toward ownership. The owner-occupied housing unit rate was 77.6% in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida), and the FRED homeownership series tracks a similar pattern:
- 77.11294% in 2023 (FRED HOWNRATEACS012069)
- 76.11776% in 2022 (FRED HOWNRATEACS012069)
- 74.62204% in 2021 (FRED HOWNRATEACS012069)
- 73.72107% in 2020 (FRED HOWNRATEACS012069)
- 72.94948% in 2019 (FRED HOWNRATEACS012069)
That progression matters because it shows a gradual strengthening of the ownership share rather than a one-year spike.
| Measure | Value | Source |
|---|---|---|
| Housing units | 198,294 in July 2024 | U.S. Census Bureau QuickFacts: Lake County, Florida |
| Owner-occupied housing unit rate | 77.6% in 2020-2024 | U.S. Census Bureau QuickFacts: Lake County, Florida |
| Homeownership rate | 77.11294% in 2023 | FRED HOWNRATEACS012069 |
| Homeownership rate | 72.94948% in 2019 | FRED HOWNRATEACS012069 |
Why that matters
A county with a high ownership rate tends to have a different market rhythm than one dominated by rentals. Price sensitivity, inventory response, and the impact of mortgage rates all land differently when most households are already owners.
Home values, rents, and costs
The most useful way to read Lake County real estate is to compare what owners pay, what homes are worth, and what renters pay. The supplied statistics show three distinct layers of cost.
First, the county’s median value of owner-occupied housing units was $318,400 in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida). That is the broad home-value benchmark in the dataset, and it is lower than the active-listing median price that appears later in the article, which indicates the listing market is currently pricing above the countywide owner-occupied value snapshot.
Second, carrying costs are far from trivial. Median selected monthly owner costs were $1,814 with a mortgage and $584 without a mortgage in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida). That gap is a useful reminder that the housing market is split between leveraged owners and owners who own free and clear.
Third, rent sits at a meaningful level too. Median gross rent was $1,586 in 2020-2024 (U.S. Census Bureau QuickFacts: Lake County, Florida). For many households, the rent-versus-own decision is not just about price direction; it is also about monthly payment scale.
Stat callout: The spread between owner costs with a mortgage and without a mortgage is $1,230 per month using the supplied medians (U.S. Census Bureau QuickFacts: Lake County, Florida).
Cost comparison table
| Metric | Value | Source |
|---|---|---|
| Median value of owner-occupied housing units | $318,400 in 2020-2024 | U.S. Census Bureau QuickFacts: Lake County, Florida |
| Median selected monthly owner costs with a mortgage | $1,814 | U.S. Census Bureau QuickFacts: Lake County, Florida |
| Median selected monthly owner costs without a mortgage | $584 | U.S. Census Bureau QuickFacts: Lake County, Florida |
| Median gross rent | $1,586 | U.S. Census Bureau QuickFacts: Lake County, Florida |
How to read the gap
- The countywide value figure helps anchor long-run market positioning.
- The mortgage-payment figure shows the monthly pressure on financed owners.
- The rent figure gives a benchmark for renter households weighing the cost of staying put versus buying.
- The no-mortgage owner cost figure highlights how different the market looks for debt-free households.
Building permits and construction trend
Permit activity gives the cleanest long-run supply signal in the dataset. Lake County’s building permits show both a post-2010 expansion and a more recent cooling from the 2023 peak.
| Year | Building permits | Source |
|---|---|---|
| 2024 | 4,990 | FRED BPPRIV012069 |
| 2023 | 6,316 | FRED BPPRIV012069 |
| 2022 | 5,402 | FRED BPPRIV012069 |
| 2021 | 4,505 | FRED BPPRIV012069 |
| 2020 | 3,923 | FRED BPPRIV012069 |
| 2019 | 3,497 | FRED BPPRIV012069 |
| 2018 | 3,330 | FRED BPPRIV012069 |
| 2017 | 3,360 | FRED BPPRIV012069 |
| 2015 | 2,778 | FRED BPPRIV012069 |
| 2010 | 552 | FRED BPPRIV012069 |
| 2005 | 6,769 | FRED BPPRIV012069 |
| 2000 | 5,231 | FRED BPPRIV012069 |
| 1990 | 2,205 | FRED BPPRIV012069 |
The pattern is not a straight line. Instead, it shows long cycles:
- 552 permits in 2010 (FRED BPPRIV012069) marks a low point in the supplied series.
- 3,923 permits in 2020 and 4,505 in 2021 show the market climbing back into a higher activity range.
- 6,316 in 2023 is the high point in the provided recent set.
- 4,990 in 2024 remains elevated relative to the early 2010s and mid-2010s, even though it is below the 2023 peak.
What the permit trend suggests
Construction activity in Lake County appears active enough to keep adding supply, but not so explosive that the county is in a runaway building phase. For a real estate reader, that usually means inventory, pricing, and household formation all need to be considered together rather than in isolation.
Income, affordability, and burden
Income is the bridge between housing prices and actual buying power. The county’s income measures show steady gains in the most recent years, and the burden statistics show that affordability is still a live issue.
Per capita personal income reached $58,161 in 2024 (FRED PCPI12069), up from $55,970 in 2023, $52,476 in 2022, $50,931 in 2021, $45,463 in 2020, and $43,189 in 2019 (FRED PCPI12069). That is a clear upward sequence in the supplied data.
Median household income also rose over the same broad span:
- $70,784 in 2023 (FRED MHIFL12069A052NCEN)
- $67,637 in 2022 (FRED MHIFL12069A052NCEN)
- $64,662 in 2021 (FRED MHIFL12069A052NCEN)
- $58,501 in 2020 (FRED MHIFL12069A052NCEN)
- $57,660 in 2019 (FRED MHIFL12069A052NCEN)
That is important because rising income can support higher home prices, but it does not remove affordability pressure by itself.
Income trend table
| Year | Per capita personal income | Median household income | Source |
|---|---|---|---|
| 2024 | $58,161 | - | FRED PCPI12069 |
| 2023 | $55,970 | $70,784 | FRED PCPI12069; FRED MHIFL12069A052NCEN |
| 2022 | $52,476 | $67,637 | FRED PCPI12069; FRED MHIFL12069A052NCEN |
| 2021 | $50,931 | $64,662 | FRED PCPI12069; FRED MHIFL12069A052NCEN |
| 2020 | $45,463 | $58,501 | FRED PCPI12069; FRED MHIFL12069A052NCEN |
| 2019 | $43,189 | $57,660 | FRED PCPI12069; FRED MHIFL12069A052NCEN |
Affordability pressure indicators
The burden statistics point in the same direction. Lake County’s poverty rate was 9.5% in 2023, after 9.7% in 2022, 10.7% in 2021, 11.1% in 2020, and 12.0% in 2019 (FRED S1701ACS012069). The trend is improving, but not enough to ignore strain.
The housing-cost burden series shows the same kind of gradual pressure. Burdened households were:
- 32.88708% in 2024 (FRED DP04ACS012069)
- 31.08609% in 2023 (FRED DP04ACS012069)
- 30.09397% in 2022 (FRED DP04ACS012069)
- 30.03758% in 2021 (FRED DP04ACS012069)
- 29.92819% in 2020 (FRED DP04ACS012069)
Why it matters: Income is rising, but the burden rate remains around one-third of households in the supplied series (FRED DP04ACS012069).
Active listings and pricing
The current listing picture gives the most market-facing view of Lake County real estate. The county is not empty of supply, and the listing counts make that clear.
Active listings were 2,324 in Dec 2025, 2,310 in Jan 2026, 2,394 in Feb 2026, 2,455 in Mar 2026, and 2,459 in Apr 2026 (FRED ACTLISCOU12069). That is a steady climb from the end of 2025 into spring 2026.
New listings also moved through a tight range before dipping in April:
- 518 in Dec 2025
- 808 in Jan 2026
- 820 in Feb 2026
- 796 in Mar 2026
- 738 in Apr 2026
Those figures come from FRED NEWLISCOU12069.
Total listings tell the broader supply story:
- 3,080 in Dec 2025
- 3,000 in Jan 2026
- 3,312 in Feb 2026
- 3,412 in Mar 2026
- 3,484 in Apr 2026
Those figures come from FRED TOTLISCOU12069.
Listing and price table
| Month | Active listings | New listings | Total listings | Median listing price | Source |
|---|---|---|---|---|---|
| Dec 2025 | 2,324 | 518 | 3,080 | $399,000 | FRED ACTLISCOU12069; FRED NEWLISCOU12069; FRED TOTLISCOU12069; FRED MEDLISPRI12069 |
| Jan 2026 | 2,310 | 808 | 3,000 | $399,000 | FRED ACTLISCOU12069; FRED NEWLISCOU12069; FRED TOTLISCOU12069; FRED MEDLISPRI12069 |
| Feb 2026 | 2,394 | 820 | 3,312 | $399,000 | FRED ACTLISCOU12069; FRED NEWLISCOU12069; FRED TOTLISCOU12069; FRED MEDLISPRI12069 |
| Mar 2026 | 2,455 | 796 | 3,412 | $399,900 | FRED ACTLISCOU12069; FRED NEWLISCOU12069; FRED TOTLISCOU12069; FRED MEDLISPRI12069 |
| Apr 2026 | 2,459 | 738 | 3,484 | $399,923 | FRED ACTLISCOU12069; FRED NEWLISCOU12069; FRED TOTLISCOU12069; FRED MEDLISPRI12069 |
The median listing price stays remarkably stable across the period, moving from $399,000 to $399,923 (FRED MEDLISPRI12069). That kind of narrow band suggests a market where inventory is moving, but the headline price point is not swinging wildly from month to month.
What the statistics suggest
Lake County real estate looks like a market with three defining traits.
First, ownership is structurally important. A 77.6% owner-occupied rate and a 77.11294% homeownership rate in 2023 show a market centered on owners more than renters (U.S. Census Bureau QuickFacts: Lake County, Florida; FRED HOWNRATEACS012069).
Second, the county is still building and listing enough homes to keep the supply side visible. Permit counts remain far above the 2010 low, and listings are sitting in a few-thousand range rather than a few-hundred range (FRED BPPRIV012069; FRED ACTLISCOU12069; FRED TOTLISCOU12069).
Third, affordability is not a side issue. Median rent is $1,586, owner costs with a mortgage are $1,814, and burdened households are at 32.88708% in 2024 (U.S. Census Bureau QuickFacts: Lake County, Florida; FRED DP04ACS012069). That combination says the market should be read through both price and payment.
If you want to compare Lake County real estate statistics across years, the clearest signals in the supplied dataset are the gradual rise in income, the high and stable ownership share, the active but not explosive permit history, and the listing market that moved higher into spring 2026 while prices stayed close to the $400,000 mark.