Lakewood Ranch, FL 34202 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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Lakewood Ranch, FL—34202

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$657,000

7.5% YoY Growth

Household Income

$123,000

27.1% YoY Growth

Days on Market

78

1.0% Longer YoY

Home Price Forecast

-2.8%

Median Rent

$2,820

0.9% YoY Growth

1-Bed Rent

$1,600

2.9% YoY Growth

2-Bed Rent

$2,400

3.4% YoY Growth

3-Bed Rent

$2,750

1.2% YoY Growth

Other Zip Codes in Lakewood Ranch, FL

Home Price Trends — Lakewood Ranch, FL

As of May '26, the median home price in Lakewood Ranch, FL is $657,000, with a year-over-year change of -7.5%. This indicates that home prices in Lakewood Ranch, FL are decreasing. According to Zillow, the 1-year price projection is -2.8%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$657,000	-7.5%
Single Family	$707,000	-7.0%
Condos	$317,000	-10.2%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lakewood Ranch, FL

As of July '25, Rentcast reports the average rent in Lakewood Ranch, FL is $3,340, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Lakewood Ranch, FL is 1-bedrooms: $1,650, 2-bedrooms: $2,730, 3-bedrooms: $3,380, 4-bedrooms: $4,150. The most common rental property sizes in Lakewood Ranch, FL are 2-bedroom and 3-bedroom, accounting for 41.1% and 24.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,820	$3,340
Studio Rent	N/A	N/A
1 Bed Rent	$1,600	$1,650
2 Bed Rent	$2,400	$2,730
3 Bed Rent	$2,750	$3,380
4 Bed Rent	$3,500	$4,150

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% of Rental Stock

Studio

1.9%

1 Bedroom

21.5%

2 Bedrooms

41.1%

3 Bedrooms

24.5%

4 Bedrooms

10.9%

Property Listings — Lakewood Ranch, FL

As of May '26, Realtor.com reports that the median days on market for a home in Lakewood Ranch, FL is 78. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$700,000	-5.0%
Listing Count	352	-14.0%
Listings as % of Homes	1.9%	-14.0%
Days on Market	78	1.0%

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Demographics — Lakewood Ranch, FL

As of the latest ACS Survey released in 2023, Lakewood Ranch, FL has a population of 27,200, which has increased by 14.7% over the past 5 years. Lakewood Ranch, FL is a moderately popular place for families, as children make up 17.8% of the population. The area has a highly educated workforce, with 57.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 26.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,200	14.7%
% Under 18	17.8%	-11.0%
% Seniors	32.7%	18.9%
% WFH	26.7%	59.9%
% w/ College Degree	57.0%	0.5%

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As of the latest ACS Survey released in 2023, Lakewood Ranch, FL is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 5.9% in the last 5 years. The second most common race or ethnicity in Lakewood Ranch, FL is hispanic, making up 9.4% of the population. Foreign-born residents account for 11.6% of the population in Lakewood Ranch, FL, and this percentage has decreased by 7.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	80.1%	-5.9%
% Black	2.3%	76.9%
% Hispanic	9.4%	-10.5%
% Asian	3.0%	25.0%
% Foreign Born	11.6%	-7.9%

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Mortgage and Risk — Lakewood Ranch, FL

According to HUD data as of 2023, there were 345 mortgage originations in Lakewood Ranch, FL, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Lakewood Ranch, FL. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	345
% Conventional Loans	92.0%
% Government Loans	8.0%
% Investor Loans	1.0%
% Second Loans	3.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Lakewood Ranch, FL

As of 2024, the percent of homes in Lakewood Ranch, FL under the Section 8 program is 2.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Lakewood Ranch, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	63
Total Units Section 8	63
% Rentals under Section 8	2.5%
% Occupied Section 8	84.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$540	$1,600	$2,140
2 Bedroom	$100	$2,400	$2,500
3 Bedroom	$530	$2,750	$3,280
4 Bedroom	$430	$3,500	$3,930